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#67 Conrad Hilton: Hilton Hotel Dynasty
Founders
The Vital Importance of Perseverance and Reputation in Business
Maintaining a strong reputation and persevering through tough times can lead to future opportunities and business success. Conrad Hilton's commitment to honoring his debts during the Great Depression enhanced his reputation among creditors and future backers, enabling him to acquire many hotels in the future. This illustrates the theme that it's crucial not to quit in business because future opportunities compound.
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