Gaston Glock

“This guy was 50 years old. He was managing a car radiator Factory outside of Vienna. He had a small manufacturing business on the side. He had never made a gun. I don't even think he owned a gun. And yet within a decade, he goes from zero to billionaire.”

“The biggest sales opportunity of Glock's entire career was somebody else's idea.”

“He objected to the Pentagon's insistence that the rights to manufacture the winning gun design would be open to competitive bidding. Glock intended to collect all profit from the production of his gun himself.”

“He filed for an Austrian patent On April 3019 81, it was his 17th invention, so he called the gun, he called his gun, the Glock 17.”

“Within three hours of the attack, Glock had moved forty million to a secret Swiss account.”

“He shot alone using only his left hand. If the gun blew up on him, he would still have his good right hand.”

“The important thing that gave him his big price advantage was that he designed the pistol for complete production on computer controlled tools.”

“As Gaston Glock himself put in an interview, that I knew nothing was my advantage, that I knew nothing was my advantage. He gets to start with a blank sheet of paper. All of his competitors have decades, in some kind, in some cases, centuries, of built-up proc…”

“The limited moving parts, the simple product, the simple business processes they all created, allowed them to stack advantages at one after another.”