The most important lesson I’ve learned about business and investing is that its ALL about the people. Whether as a partner, an employee, or a co-investor, the most critical factor for success is the quality of the people involved. What does “quality” really mean? This most certainly doesn’t refer to a person’s educational pedigree; candidly I’ve dealt with many people with impressive credentials that I wouldn’t trust to take care of my neighbor’s dog (and most certainly not my dog, Toby). For me its really about integrity and honesty, a shared sense of commitment, a focused and unwavering work ethic, and an adaptability to change on the fly. Give me a team of people with these characteristics, and I’ll go to war knowing that I’m coming home a winner.
I have a partner who regularly shares his management philosophy with me: 1) winners win and losers lose; and 2) assume that everything people say is a lie, unless proven otherwise. Granted that’s a very jaded view of the world, but it constantly reinforces the message that success in business is about more than surrounding yourself with smart and nice people.
BS FREEMAN CAPITAL, LLC
401 Park Avenue South,
New York, NY 10016
Phone: (914) 826-4346