Gerald Ratner, former CEO of Ratners Group, shares his experiences in business and the lessons he learned from his successes and failures. He discusses the importance of acquisitions in scaling a business and the value of key individuals. Ratner also talks about the expansion into the American market and the strategies he used to succeed. He shares his insights on pricing, customer knowledge, and the power of execution. Despite facing backlash and criticism, Ratner remains resilient and focused on his goals.
Chapters
00:00 Introduction
00:41 The Acquisition Route
03:30 Expanding into America
11:38 Innovative Pricing Strategies
16:52 The Success of Rolex
19:44 Inspiration and Mentoring
23:37 Building a Business Strategy
25:28 Dealing with Criticism
28:18 Taking Action and Moving Forward
33:02 Overcoming Challenges
36:54 Conclusion
