Phil Thanks for the link to this story. FASCINATING!
I had never heard of this guy before. He's brilliant. I like this quote about his first company he started fresh out of college...
Excerpt:
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The new company that Jones and Carr launched, Boston Technologies, pitched the Baby Bells a product that promised to handle 20 times the call volume of their existing systems, guaranteed 99.998% reliability, and would be delivered in three months at roughly the same cost. Bell Atlantic took them up on the offer. There was just one problem: Their product didn't exist. "Not yet," as Jones likes to say.
"You have to be completely nuts to be as young as we were and say, 'We're going to make a major change to the public telecom system,'" recalls Carr, 47, by phone from Mozambique, where he's making philanthropic investments. "I give Scott a lot of credit for bravery." Jones barely left the office for three months, sleeping under his desk - when he slept at all. But he delivered. In 1998, with revenues up to $105 million, Boston Technologies merged with Comverse and took its name."
How often have we seen businessmen selling something which doesn't exist yet?? Then making a fortune on it.
Thanks Phil my minds a blazin' with ideas from this one.
Quote:
Originally Posted by Phil
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