In Search Of Excellence David Kidder: Becoming Successful and Discovering Who You Are | E69
Jul 11, 2023
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Wilson's Sting
- David Kidder fondly remembers his Wilson's Sting tennis racket, a prized possession from his childhood.
- He saved up for two years doing a paper route to buy it, showcasing early entrepreneurial spirit.
Montgomery Ward's Decline
- Montgomery Ward, similar to Sears or Kmart, was a prominent retailer in smaller communities.
- Big box stores and eventually Amazon eroded their market share, leading to their demise.
Selling Your Company
- Selling any part of your company, even a small percentage, means giving up control.
- Bootstrapping and maintaining control is ideal unless significant capital is needed for growth.