Summary
MANAGEMENT
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Manage from a single piece of paper.
Robert L. Marcotte invests in small private companies. Lots of them--$4 billion worth since 19981. What does he look for? Great managers.
How does he assess the quality of the manager (typically the business owner)? He simply asks: "What four or five things do you look at, daily or weekly, that are critical to the ongoing success of the business?" Great managers, he says, can answer this question immediately. They know exactly where their company "is" based on four or five key indicators. They also are constantly aware of where the business has come from and...See the full content of this document
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