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A company could put a top man at every position and be swallowed by a competitor with people only half as good, but who are working together.
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The common objection to seniority pay is, "It's rewarding dead wood!" My response is, "Why do you hire dead wood? Or why do you hire live wood and kill it?"
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Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.
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