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Walker Deibel

“The truth is that there is no correlation between having strong organizational skills and a successful CEO. None. In business, ambiguity reigns. Being laser-focused is actually a bad thing. Entrepreneurs need to be able to deal with managing ambiguity and a changing landscape; the best ones do this extremely well. In 2003, I was in business school. My professor asked us to cut a piece of paper into eight pieces, then write the following words, one on each piece: sales, marketing, financial measures, competition, process, suppliers, and incentives. Then he instructed us to mix them up, then randomly remove half and throw them away. “In real life, business looks more like the paper left in your hand—you don’t have all the information when it’s decision time.” It’s an academic exercise, but illustrative of the ambiguity innate to running a business.”

Walker Deibel, Buy Then Build: How Acquisition Entrepreneurs Outsmart the Startup Game
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Buy Then Build: How Acquisition Entrepreneurs Outsmart the Startup Game Buy Then Build: How Acquisition Entrepreneurs Outsmart the Startup Game by Walker Deibel
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