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Re: The Man Who Said No to Wal-Mart
It definately makes sense from his position. The end says that his tombstone could call him the "dumbest CEO ever, the man who didn't sell to wal-mart" I totally disagree.
He didn't want to sell out and tarnish his company's name. You can't sell a $500 mower next to a $100 mower when you have walmart shoppers comparing them, and to make it competative, he would have to abandone the quality associated with his brand.
Either lose 20% now, and possibly gain it back, or keep that 20% and have your product be doubted forever because you had to cheap out on materials.
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