“A weakness of many entrepreneurs is that they have just too many ideas. They cannot stick at one thing and make it great – they get distracted and rush off to conquer other worlds. Their intelligence is the sort that dreams of endless possibilities – but follow-through is not always their strong suit….”
Well, being an entrepreneur and having associated with many others of the tribe, I can vouch for that. I like to be a free agent, open to ideas all the time – as long as it makes money and I enjoy doing it.
But Mr. Johnson also runs a PE firm and I was really surprised he said something like this about financial services –
“Ours has been an age of financiers, but perhaps this great period of leverage is drawing to a close. The investment bankers, hedge fund managers and – God forbid – private equity houses are no longer in the ascendant. Now the field is more open to those who actually run things.”
Apparently, Mr. Johnson can live with a few broken glass panes, I suppose 🙂