Now, wait a minute, I thought. This guy is serious. Hes been in Congress for twelve years. Hes met with presidents and prime ministers. Now hes telling me a little eight-by-ten closet I showed him with some modems we reprogrammed to circumvent foreign phone companies is changing the world? This guy really is some politician.
As we talked for hours that day, though, I became completely taken with Jims sincerity and idealism. Hed gone into politics because he believed in liberty and free enterprise. Much of political life, though, he found was just posturing and political gamesmanship. The real people who changed the world, hed come to feel, were the free enterprise visionaries who made things happen. His only role was to protect them and the country from forces who wanted to limit freedom. Frankly, he said, he thought what I was doing was much more significant than being in politics. Wow, I thought. Up till that moment Id gladly have traded all my businesses to be in Congress. Yet Jim had a point.
I wondered if he really was so enthusiastic or if it was just talk.
Would you like to invest? I asked.
Boy, if youd let me, Id scrape up every penny I could.
Jim bought 1 percent of the company. I really didnt want to sell it to him. I didnt know how long wed last. Rich real estate guys with a hundred million or more, sure, Id take their money. But Jim Courter, how could I do this to him? Jim wasnt a rich guy. He drove a weather-beaten Oldsmobile. The next week three-quarters of the money arrived with a note that hed send the rest when he got his tax refund. Poor Jim, I thought. This is like robbing an overidealistic orphan.
Take the money back, I suggested. This is way too risky.
Dont worry. I have complete faith in you, he countered. If this doesnt work out, I have no problems taking the loss.
Fine, I relented. But at least dont send the last twenty-five percent. Let me take it in legal services from you.
So far hes made better than 1,000 percent return on the money he gave up. I, however, earned far more on the 25 percent I didnt take. Jim became not only an investor and our lawyer, but our protector, counselor, and advisor in every major deal or crisis we subsequently had to handle. Whatever the situation, once Id call Jim, things would improve. Not only things, but my mood as well. Of all the people Id talk to in business, it was soon clear to me that the one I enjoyed talking to and being with the most was Jim. In spite of the vast difference in our backgrounds, ages, and experience, we were kindred spirits.