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Can a small business compete against billion-dollar corporations? Warren Buffett explains why small businesses can have a powerful advantage through customer focus, speed, and better execution. Learn how Sam Walton, Rose Blumkin, and other entrepreneurs built successful businesses despite starting with disadvantages.
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► Video Transcript and YAPSS Takeaway:
https://www.yapss.com/blogs/collection-warren-buffett/warren-buffett-small-businesses-can-beat-big-companies-university-of-georgia-2001
This speech is given by Warren Buffett at Terry Leadership Speaker Series on July 18, 2001.
► Full Video: https://youtu.be/2a9Lx9J8uSs?si=hvfkap4Rvr_pCtVY
☆Who is Warren Buffett (The Oracle of Omaha)?☆
Warren E. Buffett is one of the most successful investors in the world and the chairman and CEO of Berkshire Hathaway, who has a net worth of over 100 billion dollars. Warren Buffett's Berkshire Hathaway has posted average annual returns of 17.1% since 1985, well ahead of the broader stock market’s 10.5% including dividends. If you’d invested $10,000 in Berkshire Hathaway at the start of 1985 you’d now have $2.4 million; the same principal in the S and P 500 would now be worth about $227,000.
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Warren Buffett: Small Businesses Can Beat Big Companies | University of Georgia 2001
