Social Mission Drives Business Performance – Andy Last
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At Dyson our philosophy has always been to invest in the long term. To power our 25 year pipeline of technology we have just announced a further £1.5 billion investment into new research and development on top of our current spending of £3 million a week. You cannot create disruptive technology without investing heavily in the long term.
highly motivated teams, who are motivated by the 'end' (the cause) rather than the 'method' (the task)
You have to know who you are, be open-minded, and be ready to collaborate. You have to have thick-skin and be prepared to get your idea ripped apart.
The most challenging phase for any entrepreneur is when the business hits the $1-2 million mark. At this point, your business is too large to be small, yet too small to be big. You find yourself in need of a CFO or someone with a deep understanding of your business, but you can't afford either.
Without a doubt, even when an influencer is reaching out to a million followers about fashion, they are still communicating with a million people. That's a staggering degree of influence.
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