Vic Young

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

"FPI’s sharing system meant each plant was open for only a matter of weeks each year, with workers at each plant able to log sufficient weeks to qualify for employment insurance benefits. Harbour Breton mayor Churence Rogers was skeptical of Risley’s claim the plant could run year-round. “My question is, if Vic Young couldn’t make it happen, what can John Risley do to make it happen?” Rogers told the St. John’s Telegram. Rogers feared Risley would consolidate the work and cut hundreds of FPI’s three thousand employees. It was a fear that proved justified."

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

"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

Appears In Volumes

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