Would we bet on it?
Gordon Bell, a prominent investor who funds start-ups, is very blunt with executives of firms in his portfolio. For instance, when someone makes predictions for company performance, Bell will zero in on one number and ask the CEO, “Wanna bet? A side bet, you and me, for $1,000.” If the CEO gulps, Bell knows he or she has doubts. At least once, when an underperforming … [ Read more ]
Subjects: Entrepreneurship, Management, Organizational Behavior / HR, Success / Failure / Achievement