Francis Farwell, founder of WinterSilks Inc., a Middleton, Wis., mail-order apparel company, planned to sell his business from the start. Based on that decision, he built the business accordingly. Instead of plowing all his earnings into growth, he made sure the company maintained a sizable free cash flow, making it more attractive to potential buyers. In 1990, Farwell sold out, pocketing several million dollars.
The health situation was a long-term deal. I actually went to the Emergency Room at age 34 with chest pains and was released, fortunately, at the end of the day but I had some, parts of my health had blew up. I had chest pains, which were stress related and not heart related, I had my inner ear go...(Full transcript available to logged in subscribers.).
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