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Derrick Rowe

Strategic Concepts & Mechanics

Signature MoveHelicopter View, Signature Page Only
Cornerstone MoveWire Fifty Million on Trust Alone
Competitive AdvantageAtlantic Canada Thinks Small—Exploit That
Signature MoveTechnology Moat or Nothing
Strategic PatternAspiration Interrogation at Every Meeting
Operating PrincipleForest Thinker Needs a Tree Counter
Risk DoctrinePre-Emptive Divestiture as Political Shield
Capital StrategyTrusts Own Everything, Founder Owns Nothing
Strategic PatternSpeed Kills Bureaucracy in Acquisition
Signature MoveFully Deployed, Never Liquid
Cornerstone MoveBuy the Quota, Chop the Shell
Capital StrategySwinging for Multiples Not Singles
Risk DoctrineWindfall Redeployment Not Windfall Savings
Relationship LeverageGenerosity as Network Currency
Operating PrinciplePromise First, Engineer Later
Cornerstone MoveDinner Conversation to Billion-Dollar Platform
Signature MoveLodges, Jets, and Yachts as Deal Magnets
Signature MoveVisionary at the Helm, Operator at the Wheel

Primary Evidence

"Despite the rancour and arguments back and forth, the result was overwhelmingly in favour of electing Risley’s board; more than 82 percent of the votes cast were for the alternate slate of directors. “We killed the vote,” Derrick Rowe recalled. “Vic Young called the mayors, the unions. We called the shareholders. Who votes? Shareholders. We were in Toronto and Montréal.... They were in the union halls.”"

Source:Net Worth - John Risley, Clearwater, and the Building of a Billion-Dollar Empire

"CFFI then bought out the other shareholders and owned the company outright. “John stuck with it to get the shareholders out. And that’s what he does, he takes care of his partners—even if it’s tougher for him. He got everyone’s money out,” Derrick Rowe said. “He put everyone else first—financially. That’s John. That’s why people do business with John.”"

Source:Net Worth - John Risley, Clearwater, and the Building of a Billion-Dollar Empire

"“John knew nothing about [the cable] business,” said Derrick Rowe, who worked in the telecom industry before Risley made him CEO of FPI. “Well, I shouldn’t say nothing, but, well yeah, nothing! When John sees the strategy and the vision, it can be flawed around the edges, but he knows generally what needs to happen to create that opportunity and that value.”"

Source:Net Worth - John Risley, Clearwater, and the Building of a Billion-Dollar Empire

Appears In Volumes