7 - he is a company head he has been faced with the necessity of making rapid decisions on his own. If all of a sudden the river is coming at you, you don't have time to phone the home office to find out what to do about it. Third, he is not afraid of tackling something that he has not done before, for no new construction job is quite like the last one. This develops confidence, sometimes at the sacrifice of modesty, but the construction man is sure he can do it even if he has never done it before. The willingness to take risks, the ability to make rapid and accurate decisions, and faith in one's ability to perform in untried fields -- all these are factors that are of extreme importance in achieving spectacular corporate growth on a sound basis in diversified fields. Forgive me if you will, but I would like to use Utah Construction & Mining Co. as the case to illustrate some of the points that I have tried to make. Let's examine what the American Management Association chose to classify as a "Pretty Good Company". Let's see whether their standard was one Of size, or quality. Utah Construction & Mining Co. is the successor in name to the Utah Construction Company, which was founded in Ogden, Utah, with an original capital of $24,000, two-thirds of which was contributed by Utah investors who were not fulltime members of management. In increments from 1902 to 1907 an additional $378,000 of outside capital was put into the company, although it represented largely the reinvestment of cash dividends paid to the stockholders and today would probably have been accomplished by the device of a stock dividend rather than cash. This $402,000 of capital was all the equity capital ever invested in the company and the balance has come entirely from retained earnings.