Entrepreneur takes aim with new business

Oct 07, 1999
By Blake Lambert

RIGA - In the world of business, there's an often-heard cliché: Go big or go home.When translated into the global corporate-speak of the 1990s and beyond, it means a great risk equals a great reward.Call it what you want, but, in any case, Ferdinand Balfoort has accepted the risk and inched a few steps forward on that great big business plank perched above the Baltic Sea. Balfoort recently started the Umbrella Group, a company specializing in executive recruitment.He's hunting down the big game: ...

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