Economy Size Geek

Firms, investors tend to prosper with founders at the helm - USATODAY.com

Founders know best.

Like coddling parents guiding their kids as they grow, companies’ founders have a gut instinct on how to best care for their babies.

Because founders aren’t looking for the next job, they don’t risk long-term performance for the short. “We reinvent our company every 10 years. We’ve done this four times,” says West, whose SEI Investments is up 1,808%. “It takes five years to reinvent and five years to collect the benefits. The quarterly stuff doesn’t matter as much to the founder.”