2min chapter

Founders cover image

#82 David Ogilvy (Ogilvy on Advertising)

Founders

CHAPTER

The Man Without Brains

Stanley Lasker dominated the advertising industry for decades. He managed by consensus, distressing what he called individual opinion. But one day he decided to get out of the business and gave his companies to three bright young men in exchange for a $100,000 payment. His weekend estate outside Chicago had a staff of 50; once defined an administrator as somebody without brains.

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