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History demonstrates that previous military drawdowns invited aggression by our enemies. After World War I, America drew down forces until the U.S. Army had fewer than 100,000 men in uniform. That weakness invited Nazi aggression in Europe and the imperial Japanese attack at Pearl Harbor. ↗
A celebrity name is never enough for an intelligent mass market... truly successful businesses are born of passion and heartfelt interest. ↗
There are over 2,000 direct clones of the Groupon business model. However, there's an equal amount of proof that the barriers to success are enormous. In spite of all those competitors, only a handful are remotely relevant. ↗
The most essential thing for us was to get the business model right, then put the world-class technology under it to support it. At Merrill, that meant not doing what people expected. ↗
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