ON SPEED
RONALD PERELMAN
Revlon Ron; Buyout Specialist

The world is changing so fast that you cannot bask in any sort of passivity, because it doesn’t exist anymore. You have to be on top of your game at all times. Two kids can develop Google in their garage, and 15 years later, it’s the most powerful company in the world. It’s like the Henry Ford days on steroids. Everything today is speed, and there is always somebody else working on something better. One of our companies, Deluxe, was the largest supplier of prints to the film industry. We knew that prints was declining but didn’t know it was about to go off a cliff.
Luckily, we were already supplying a digital solution for the same service, but a transition that we thought would take years only took a matter of weeks.

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