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#60 Yvon Chouinard: What We've Learned from Patagonia's First 40 Years
Founders
New Business Creation in the United States
Advocacy for more small businesses and entrepreneurship is crucial for promoting diversity of thought and unique thinking, leading to better products. The decline in new business formation in the United States is a concerning trend. More centralization in businesses hinders new business creation. Profit should result from doing everything else right, not the sole focus. Examples like Patagonia show the success of privately held companies that prioritize quality over profits.
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