25 BUSINESSMEN WHO BROKE SOME RULES AND LAWS
Fortunes are rarely won by playing it safe. On the contrary,
the biggest fortunes have been won by those willing to step outside the
box and change the way the game is played. Following are twenty-five
business innovators of the past, present, and future whose stories are
different in many respects, but all point to the same truth: Ingenuity,
improvisation, and daring are more important than following the rules
(even though you might find yourself on the wrong side of the law once
in a while).
1. Jack Welch
Named “Manager of the Century” by Fortune Magazine in 1999, Jack Welch
is perhaps most famous for streamlining GE, reducing management from 29
levels to only six, closing businesses, and firing a significant
percentage of his subordinates. Despite his strong, seemingly brash
tactics (he was nicknamed “Neutron Jack” for firing so many employees),
he brought the value of GE up from $12 billion to $280 billion, the
largest increase for any company under any CEO. He also championed the
notion of informality, which he brought to GE.
2. Steve Jobs
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