"No partnership between two independent companies, no matter how well run, can match the speed, effectiveness, responsiveness and efficiency of a solely owned company"
- Edward Whitacre, Jr.
About this Quote
This quote by Edward Whitacre, Jr. talks to the benefits of a solely owned business. He suggests that no partnership in between 2 independent business can match the speed, efficiency, responsiveness and efficiency of an exclusively owned company. This is likely due to the reality that an exclusively owned company is not subject to the same level of administration and decision-making processes that a collaboration in between two business would be. A solely owned business can make decisions quickly and effectively, without having to seek advice from a partner or wait on approval. In addition, a solely owned business can be more responsive to client needs and needs, as it is exempt to the same level of settlement and compromise that a partnership would be. Eventually, this quote recommends that a solely owned business is the very best choice for those trying to find speed, effectiveness, responsiveness and performance.
"One has children in the expectation of dying before them. In fact, you want to make damn sure you die before them, just as you plant a tree or build a house knowing, hoping that it will outlive you. That's how the human species has done as well as it has"
