“Within two years he gets that down to just 20 million dollars”
TC
Tim Cook
Great Business Stories ·
Tim Cook · Great Business Stories · Tim Cook: Who Would Have Thought?
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cut the value of unsold inventory from $437 million to $78 million within his first full year at Apple
$437 million → $78 million
“Within two years he gets that down to just 20 million dollars”
“I provided in the first year, a year ago, 55 million meals, and then provide the matching funds to feed 100 million through Feeding America.”
“Ten months ago, his company, Eller Industries, paid more than $750,000 for an exclusive window of time to acquire the Indian brand at a full asking price of $20 million.”
“We were able to take that company from 70 million in revenue down to 60 million … up to five million operating profit… paid off 8.5 million of the debt in 18 months, just by doing things like collecting receivables or DC inventory.”
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