I didn’t write this but wish that I had. These are some great business insights on how to grow a business from self-made billionaire John Malone. Malone is one of the greats along with Ted Turner from the cable TV industry. If you want to learn more about him I recommend the book Cable Cowboys.
John Malone Overtakes Ted Turner as America’s Largest individual Land Owner
Both of these men are on my list of top tycoons to study. Both competed and collaborated for decades in the cable-TV industry where they did deals both big and small. Malone is typical of the men covered in The Tycoon Playbook. They all had the patience and discipline to start off small and build an empire one step at a time. Malone earned a Ph.D. in operations research from Johns Hopkins in the late 1960s and then joined General Instruments Corp., which was part of the cable-TV industry. After quickly becoming dissatisfied with the company’s management he took a major gamble by quitting and moving to Denver where he accepted a 50% pay cut for the privilege of working for a startup teetering on bankruptcy owned by a Bob Magness. The company was Tele-Communications Inc., which later was renamed TCI.