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Worthless, Impossible and Stupid
book

Worthless, Impossible and Stupid

by Isenberg
June 2013
Intermediate to advanced
256 pages
7h 5m
English
Harvard Business Review Press
Audiobook available
Content preview from Worthless, Impossible and Stupid

CHAPTER 4

Why the Best Entrepreneurs Seem Crazy

Great wits are sure to madness near allied, and thin partitions do their bounds divide.

—John Dryden, “Absalom and Achitophel”

In December 2008 Toyota’s executives, heads hung in shame, gathered to announce the first losses since 1938—almost $2 billion—of the world’s largest auto manufacturer.1 Across the Pacific, number two General Motors, the symbol of corporate America, had just taken out an emergency federal loan, approved by presidential order. Rumors of impending GM bankruptcy were rife—predictions that were to come true a few months later. These were the darkest few months in all of automotive history. These were also the months during which Jay Rogers was convincing private investors to ...

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Publisher Resources

ISBN: 9781422186992