2min chapter

Founders cover image

#300 James Dyson (Against the Odds)

Founders

CHAPTER

The Importance of Progress in the Design World

Within three years within three years it was making sales of $12 million a year Now here's the problem this is it goes back to his whole thing, don't really push control It sells very well but his license deal was bad And so he only the most money he ever makes is the guaranteed minimum of $60,000 a year Because you're relying on the other company to tell you how many they sell He says like they would turn in like sales reports They were like handwritten on like little scraps of paper Then he'd have to have an attorney to try to fight it out. A couple years later he's like okay just buy me out completely and I'll come back and compete with my

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