In the early 90's, the company asked him to open up a new business.
Last year more than half the company's new business came from such growth areas.
How many of you here have ever started a new business at your own risk?
Starting a new business is not for everyone, especially later in life.
"Any new business to be brought up at the board meeting?"
If not, then starting a new business is the wrong decision.
That is due in part to his decision to start a new business a couple of years ago.
In any event, he said, the town has no room for new business.
Last week, however, for the first time in years, there was no new business.
To win a significant amount of new business would require a big cultural change at the company.