Dave McCoy - A Business Person to Emulate




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The story of Dave McCoy is fascinating.  Deserted by his parents during the Great Depression, he learned lessons about life while riding trains with hobos.  Eventually, he got a job and learned how to ski.  In the 1950's, McCoy opened Mammouth Mountain with a $85 loan.  Today, it is one of the largest ski resorts in the country.  Recently, he sold it for $365 million.  He is still alive and going strong to this day.

Quite a story, isn't it?  That is the story that Inc. magazine told in their last issue.  I am not surprised that they missed the rest of the story.  Inc. is at best a marginal business magazine.  It is slightly better than its competitor Entrepreneur, but is still often a waste of time.  (As an aside, my favorite business magazine by far is Fast Company.)

So what is the rest of the story?  I first read about Dave McCoy in the book The Other Side of the Mountain, which tells the story of Jill Kinmont, an Olympic skier who was paralyzed for life in an sking accident.  Jill trained with Dave McCoy in those days.  Dave was a struggling young man of 35 who invested his life in young skiers and his family as he tried to get Mammouth Mountain going.

After Jill's accident, Dave continued to train skiers.  In fact, over those years, he coached and groomed 19 Olympic skiers.

That is why I felt a little let down after reading the Inc. article.  They missed the most important contributions of Dave McCoy entirely.  I have no doubt that he would agree with me.

Dave was a success in many ways--a business person who overcame difficult circumstances, a person who enjoyed and was passionate about his work, and a man who invested his life in others.  Those are worthy goals for all of us.



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