Building Communities as Well as Companies

HBS Working Knowledge: H. Naylor Fitzhugh Conference: Building Communities as Well as Companies

"Many of my colleagues stepped up their lifestyles and encumbered
themselves with big houses once they began making money," he said. "For
me, it was about being comfortable in my 'hood, investing, and
developing relationships with people well before I had launched my
business. Start planning early. Save money. And go back to your
community."Feeling profitable, McMillan said, is not only about
economics – it's about earning respect from clients and the business
community at large.