MAKING KEY BUSINESS DECISIONS by David Gold

5 07 2011

I have spent a lifetime creating, building and growing various businesses. I have been successful for a number of reasons and I believe a large portion of my success is down to perseverance, determination and courage.

Being successful in business is largely due to the decisions that you make. We all make mistakes of course, but it is the decisions you make and the actions you take that determine your success, we just have to make more good decisions than bad. When you make a bad decision, learn from it and be prepared next time. If you make a good decision giving your business a positive result, duplicate it and improve it.

Some decisions can be tough to make because they could have a negative financial impact on your business and it is said that procrastination is the thief of time. If it is a big decision then take your time and get a second opinion, running through the situation and scenario with someone whose judgment you trust. They cannot make the decision for you but hearing someone else’s point of view may help you to make the right decision or adjust your plans.

It takes great courage to make decisions in business and the reason it takes such resolve is that you have to live with them good and bad. I believe without a doubt that making decisions for your business makes you stronger, wiser and commercially astute.

Even as your business grows whether you are a manager or a business owner you will need to make decisions. I enjoy the fact that many of our employees have autonomy in their roles and this makes our companies such great places to work.

I took the decision recently to start my succession planning and it was a decision I knew that I had to make. Letting go of something that you have built is not easy and finding the right people that will run your businesses in the way that you have built them takes a great deal of trust and faith.

I wish you every success with your decision making process and remember there’s no such thing as a tough decision only tough people who make everyday decisions.

Best Wishes

David Gold

www.davidgold.co.uk

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David Gold interviewed by Bradley Chapman at Raw Business

3 08 2010

I met up with David Gold at his beautiful Surrey mansion spending the most wonderful and fascinating two hours of time interviewing and just talking to him. David Gold’s businesses are valued in the hundreds of million pounds bracket. I have interviewed many high profle entrepreneurs and do you know what, I love this man! I do not mean in the literate sense, I love him for his kind and open nature. Everyone I spoke to about David that knew him said that he is a lovely man and how right they are.

David Gold recently completed the sale of Sport Newspapers for £50 million,Gold Air for the same amount and sold Birmingham City FC for £82 million, a club that he purchased for a pound. Most recently he acquired a majority stake in West Ham United FC with his partner David Sullivan. At the age of 73 this great man shows no signs of slowing down.

So how do you go from being brought up in the East end of London, surrounded by abject poverty  with little or no money and for the most part, brought up in a single parent family to becoming not only a highly successful entrepreneur but more so, an entrepreneur who is loved by everyone around him?

I asked David a series of questions and his answers will show you that by using a mixture of courage, determination and a lit bit of luck that anyone can do it.  I interviewed David’s daughter Jacqueline Gold for our front cover feature of edition 11 and I am so proud to now have her father on the front cover.

Do you think that your challenged childhood had an impact on your desire to succeed in business?

It was so awful but at the time it is your life and you don’t know anything different. We had no TV no radio and no desire to be on a sunny beach with beautiful girls. We had no understanding of what was out there.  I used to go to bed in my clothes because it was so cold.  My life journey was fuelled by the abject …………

read the full interview here





David Gold – Successful Entrepreneur

8 06 2010

I had the greatest pleasure today interviewing David Gold, Chairman of West Ham United FC, Ann Summers and former owner of Birmingham City FC and Sunday Sport Newspapers.

David Gold came up the hard way clawing his way from abject poverty growing up in London’s East End to become one of the UK wealthiest and most successful entrepreneurs. I met David at his home in Surrey today and spent an amazing two hours with him asking questions about his rise to success and what it took to get there.

We spoke about everything from poverty, pornography, West Ham United FC to Anne Summers and of course being an entrepreneur. At 73 years of age David is one of the youngest men i have had the pleasure to meet.

You can read an intro to my interview with David HERE. The full interview will be available on both the Raw Business website and Raw Business Magazine web site in a few days.

I wish to thank David for his time and for the kind gesture of the personal gift he gave me today. I will cherish my time with you for a long time to come.

Can I borrow your car David?

With Best Wishes
Bradley Chapman
www.rawbusiness.com
www.rawbusinessmagazine.com








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