transcript · 9,924 words

#291 David Packard (Founder of HP)

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David Packard rejected the idea that a company exists merely to maximize profits. I think many people assume wrongly that a company exists simply to make money. Packard said. While this is an important result of a company's existence. We have to go deeper to find the real reason for our being.

Do our products offer something unique? Are people's lives Improved. Because of what we do. If the answer to any of these questions is no

Then Packard. would deem HP a failure. Most entrepreneurs pursue the question, how can I succeed? From day one. Packer pursued a different question.

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