Quotes About Closely held

People who choose to stay private and closely held and to place other goals ahead of growth get two things back in return: control and time. The combination equals freedom—or, more precisely, the opportunity for freedom. I wanted to include those who had made the most creative use of it.

Sixth, I was impressed by the variety of corporate structures and modes of governance that these companies had come up with. Because they were private and closely held, they had the freedom to develop their own management systems and practices, and several had done so.