3 ms·
Great article. After reading, I realized it may also describe Apple. "Businesses like Wild Bill’s, which are formed around the passion and personality of a unu
by stmw 9y ago
Great article. After reading, I realized it may also describe Apple.
"Businesses like Wild Bill’s, which are formed around the passion and personality of a unusual individual, can be hard to keep alive over the long term, even when the founder is still alive. And when the visionary passes on, and a family disagrees over how to run their inheritance, the chances of survival become slimmer still.
...
In the past, part of what made Wild Bill’s Nostalgia a special place was these sort of improbable, impractical projects, which functioned as round-about investments because they attracted people to the store to spend money. Under the supervision of a fiduciary, there’s little room for that sort of creative marketing."