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In the text that follows you’ll hear Sam’s views on leadership, the state of the market, and you’ll be introduced to his retirement ambitions and the future challenges for the boardroom, following his return to Perth, Australia. Gordon Berridge: What do you see as the greatest leadership strength? On with the interview.
As more people depended on him, he spent his workingcapital, and the business failed. When artisans have no understanding of their cash flows, they fail prey to spending a big percentage of their workingcapital, without meaning to, on non-business issues that usually cripple their operations.
The Main Street business owner needs a different kind of capital from the high-tech entrepreneur. For each city or region the right mix of programs depends on what outcomes the leadership of that area is trying to achieve. A supplier might need a workingcapital loan to finance a big order.
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