INSTANT MBA: The Smartest Business Decisions You Can Make Are About The People You Employ

Peter Jones


Today’s lesson comes from Peter Jones, an investor and judge in the British reality television program Dragons’ Den and the American reality television program American Inventor:“As a young businessman, I would have said spotting a gap in the mobile telecoms market that enabled me to build a multimillion-pound company [was my smartest business idea].

But now I believe the smartest decisions are about the people I employ. As a younger entrepreneur I trusted some companies too much and so extended credit. This cost me a lot. Now I ask more questions.”

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