Quote by Jack E. Reichert
I would rather have a first-class manager running a second-rate business than a second-rate manager running a first-rate business.
Summary
This quote emphasizes the importance of strong management and leadership skills in determining the success of a business. It suggests that having a skilled and capable manager is more valuable than the inherent qualities or potential of the business itself. A competent manager will have the ability to make the most out of available resources and navigate challenges effectively, even if the business is not initially top-tier. In contrast, a subpar manager would struggle to maintain the success of a first-rate business due to poor decision-making or lack of leadership skills.