Quote of the moment

You can be profitable and bankrupt. The idea had never occurred to most students who’d worked in big companies. In the entrepreneurial phase, leader struggle just to get enough cash to become self-sustaining, but as an organization becomes big and successful, cash consciousness atrophies. Leaders in successful companies worry more about earning. But organizations do not die from lack of earnings. They die from lack of cash.”

–Jim Collins, How the Mighty Fall, p. 104

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