Strength in being small

oilfield1f-1Bill Gammell, who runs Cairns, a small oil company sitting on large oil fields in Rajasthan, told the FT this week: “Independents recognise that because they are not one of the big boys, they start with the humility to understand that they cannot do everything, and they need people to help them with what they are doing.”

Two ideas. Focus on what you are good at. Ask for help. Works for local shops too! Cairns was nimble enough to do the deals that made its development a success. Where can you be nimbler than the multiples? Who do you need to ask for help?

About author
As managing director of Newtrade Publishing Nick has over 20 years’ experience of covering retail markets, Nick helps shopkeepers of all sizes to think about what questions are important for themselves and their businesses, and to find answers that work in their shops.
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