1970s
Howard Marks said Xerox, ranked second among the Nifty Fifty, lost its market to imports and had to find a new business model.
“Xerox was number two. They completely lost their market to imports.”
Topic
Xerox
5 facts from 3 episodes, in date order. These are what speakers said on the shows, each linked to the moment it was said. They aren't independently verified.
1970s
Schultz says his Xerox sales job required 50 in-person cold calls a day in a New York territory.
“And I had to make 50 cold calls, physical cold calls a day.”
Undated
McDermott compares Xerox at the time he joined to Google today as the leading company of its era.
“Xerox back then was the Google of its era.”
Undated
Before his Xerox interview, McDermott read an annual report about CEO David Kearns reinventing the company.
“I was reading the annual report on how that CEO, David Kearns was his name, was reinventing this corporation.”
Undated
McDermott says that when he joined Xerox, most of the world's most valuable companies were Japanese and sold higher-quality products at lower prices.
“most of the most valuable companies in the world were from Japan”
Episodes