Billionaire's Quartet Of Business Bullets
Glad to read a portrait of Lloyd Dorfman in the FT last week whilst early for an appointment at a client. He founded Travelex as a single bureau de change 32 years ago, and in 05 sold 57% of his stake for over £1bn. Most reps I know love such people, and try to model some of their behaviour. So, here are the four points he feels predicate success:
- be persistent – don’t take no for an answer
- stick to what you know and who you know – by and large you should stay out of trouble.
- conventional thinking will only ever produce conventional results
- self-belief – through any business life there will be moments, however many business advisers you have around you, when the next challenge could be quite daunting, and you have to have self-belief to be up for that challenge