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A: This is Angelina Neglia and I’m here with Scott MacDonald, author of Saving Investa, How an Ex-Factory Worker Helped Save an Iconic Australian Company. In the book, Scott shares 25 lessons learned over his long and impressive career.
Today, lesson twenty-one is: Is it easier to achieve great success when starting from a low level of performance? Scott, what do you mean by this?
S: Angie, most people I talk to want to work for a big successful company, but there are actually may be bigger opportunities if you work for a lesser known or smaller company. It may be easier to achieve greater financial reward going from a lesser performance to a greater performance. It clearly is easier to build a reputation taking a company or an organization which is not functioning well to one that is functioning well. So, I think… Don’t just focus on the big companies or the well-known companies. Look at opportunities in smaller companies and less successful companies and achieve success that way.
The one other point I would make is if you go with a less well-known, probably a less financially secure company, make sure you get a good contract and protect whatever stock options or bonuses that are promised.
A: So the fact that Saving Investa is not well known pre-publication, does that mean, potentially, would generate greater value?
S: Only if people that watch the video buy the book!
Check out all “25 Lessons Learned”.