Story #1. I gave David, the board member, several ideas privately on how he could improve the new business strategy of the startup. I expected him to go directly to the CEO and explain these to him. To my pleasant surprise he made all the suggestions in an email and attributed all the ideas to me, thus giving me full credit for them. My respect for him increased exponentially. I will always be willing to help David.
The 2002 Winter Olympic games was won from the experience gained by losing the 1998 bid to Japan. The Utah bid committee had spent over $16 million on the 1998 Olympic bid. Later analysis implied that they had been out “gifted” by the Japanese. The Nagano Japan region’s governor said the city had provided $4.4 Million in just entertainment costs alone to win the bid. The 2002 bid committee made an adjustment.