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The Ultimate Canadian Capitalist: Gerry Schwartz is Born
“I’ve always liked transactional things,” says Gerry Schwartz. “And I always knew that I’d go into business. But the person I was in high school wouldn’t recognize me today. I had no inkling, not even a slight one, of building a company as large and as much fun as Onex.”
Gerry Schwartz Quotes
Gerry Schwartz Quotes

Other gerry schwartz Related Articles

Calvin Conquers America: The Rise of Calvin Klein Ltd.
When he was 26 years old, Klein finally decided to stop taking apprenticeships and to venture out onto his own. With $2,000 of his own money that he had saved and a $10,000 loan from his friend, Barry Schwartz, Klein founded Calvin Klein Ltd. Schwartz became a partner and the two set out to make Klein’s dreams come true.

Market Research: Living in the Real World of Business Depends on Comments from the Real World
In the feature film Sliding Doors, I found myself fascinated by a conversation between two friends. Gerry had just been discovered by his girl friend as he was having an affair in their bedroom. Gerry's friend laughs at him and reminds Gerry that he had told him weeks ago that the affair would end without Gerry having to do anything. Gerry's friend asks him, "Do you want my opinion?" Gerry replies, "Am I going to like it?" With a chuckle, his friend responds with, "No. It's based on reality."

The Ultimate Canadian Capitalist: Gerry Schwartz is Born
“I’ve always liked transactional things,” says Gerry Schwartz. “And I always knew that I’d go into business. But the person I was in high school wouldn’t recognize me today. I had no inkling, not even a slight one, of building a company as large and as much fun as Onex.”
No Holds Barred: Schwartz Takes Onex to the Top
In 1983, Schwartz founded Onex with one single mission at hand: to search for and acquire under-managed and undervalued companies, streamline their operations, and sell the acquisitions for a profit after their asset bases had been added to. Early on, Schwartz focused on purchasing such big name companies as Purolator Courier Ltd., an in-flight catering company called Sky Chefs Inc., and Beatrice Foods. He sought to acquaint himself with companies that already had a recognized brand name that he could draw upon.

Lesson #2: Know When to Hold ‘Em and Know When to Fold ‘Em
In 1995, Schwartz embarked on one of his most ambitious business deals to date, and one that would forever haunt his career. That was the year Schwartz decided to put in his bid to buy the John Labatt Brewery. He had even been successful in persuading the Ontario Teachers’ Pension Plan Board to support his $2.3 billion bid to takeover the popular beer company. But Schwartz would not experience the smooth sailing he had predicted.

Lesson #3: Create Long-Term Value For Your Shareholders
Before Schwartz ever made a decision to acquire a company or not, he would always ask himself one question: what can this company become? Schwartz was not interested in making short-term profit. Instead, his number one goal centered around creating value for his shareholders. “Every decision Onex makes is made on the basis of creating long-term value,” says Schwartz. “Our philosophy is to operate like a forever owner of an asset.”
Canada’s Billionaire Businessman: How Schwartz Made Onex a Success
Schwartz is 66 years old this year but has no plans of slowing down. As Chairman and CEO of one of Canada’s most successful companies, Schwartz’s goals for the future remain the same as they have for the past quarter century: “More people. More transactions. Larger amounts of capital. Identical philosophy,” he says. How did this son of an auto-parts dealer become one of the Top Ten Wealth Creators in all of Canada?

Gerry Schwartz Quotes
Gerry Schwartz Quotes
How to Think and Dream Creatively: The Magic of Thinking Big
The only difference between a successful person and a non successful person is in the way that they think. Knowing that, if you could learn how to think like a successful person, wouldn’t that be a good investment in time? In re-reading The Magic of Thinking Big by David J. Schwartz I realized that it is one thing to say “think like a successful person,” and it is another thing to know just exactly how to do that. “When you believe, your mind finds a way to do.” Schwartz suggests the following ways to help teach yourself how to think and dream creatively as successful people do:

Is a climate of perpetual discounting limiting choice and eroding our quality of life?
Gerry Harvey, (Harvey Norman) was recently bemoaning the culture of discounting in our retail sector. He was saying that retailers had lost the plot and didn’t know how to sell real value anymore. He said they had fallen foul of a culture of constant discounting as the only way to attract customers, which was tantamount to business disaster and a degradation of the retail sector. I happen to agree with Gerry in this instance. He went further by saying that retailers were failing to find out what customers really wanted and what they really valued. He said retailers weren’t offering choice – a range of options of different value and therefore were not selling.

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