“After fast takeoff, losing track of bottom line, software security firm BBlue Lance sees future
Soon after starting his first computer software firm, Blue Lance President and CEO Umesh Verma was faced with a tough decision: Whether to quit his consulting job at Shell Oil Co. in order to land his own company’s first client.”
– This young man made all of the classic mistakes. Growing to fast, losing track of his accounting, not managing his inventory, overproducing and overhiring. A little reading and talking with his peers would have helped him tremendously and my feeling is he, although successful, would have been even more so. Don’t believe you can be a business success naturally. This rarely happens. It takes hard work, study and a lot of thought. Obviously the owner of this company did this but only after being forced to. -ed.