Saw this quite wonderful quote on A Western Heart,
“Our business model is one of very high risk: We dig a very big hole in the ground, spend three billion dollars to build a factory in it, which takes three years, to produce technology we haven’t invented yet, to run products we haven’t designed yet, for markets which don’t exist. We do that two or three times a year.”
Paul Otellini, CEO of Intel
It encapsulates everything that is great about the free market – hope, optimism, faith in science, a willingess to take risk, the knowledge that you will be rewarded for this risk, and a total belief in your people to succeed.
God bless free enterprise.