Goracke's career at Borsheims highlights the journey from entry-level sales to CEO, showcasing dedication and the importance of inventory management in business success.
'Berkshire Hathaway likes to buy successful companies...with one caveat: We should have a controlled inventory system,' Goracke recalls, emphasizing the significance of organizational structure.
She stated, 'I went through each item one by one to create a data entry...It took us a few years, but we got everything in a system,' which demonstrates her commitment.
Goracke reflects on her mentoring experience with Buffett, noting, 'I talk to Buffett about everything from sports to business,' showcasing the diverse relationship she has with him.
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