Abstract
The traditional type of company, where you own it all, control it all, keep it a certain style and retire on the basis of the company is called “lifestyle-business” in the US. But if you really want to make something in enterprise today and build a sustainable business, you should build a business to create wealth. In America the most successful companies are not built for the ego of the founders, so that they can run a company and be CEO, but to create wealth. The founder, and the company are distinct. It is all about creating value, and not about oneself, so that the founder does whatever it takes to increase the “value equation”, i.e. the value of the company, irrespective of other personal interests.
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© 1998 Springer Fachmedien Wiesbaden
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Finger, M., Samwer, O. (1998). The Role of the Founder. In: America’s Most Successful Startups. Gabler Verlag, Wiesbaden. https://doi.org/10.1007/978-3-663-09252-0_7
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DOI: https://doi.org/10.1007/978-3-663-09252-0_7
Publisher Name: Gabler Verlag, Wiesbaden
Print ISBN: 978-3-409-11409-7
Online ISBN: 978-3-663-09252-0
eBook Packages: Springer Book Archive