Meaning: This quote by Prescott Bush, a politician and businessman, underscores the importance of courage, loyalty, and confidence in the context of business operations. Prescott Bush, the grandfather of former US President George W. Bush and father of the 41st President George H.W. Bush, was a prominent figure in American politics and business. He served as a U.S. Senator from Connecticut and was also involved in various business ventures, including banking and investment.

In the quote, Bush is acknowledging the support and trust shown by the Harriman family, specifically W. Averell Harriman, in the day-to-day operations of the business. The Harrimans were a wealthy and influential family with interests in banking, railroads, and various other industries. Their confidence in Bush and his colleagues allowed them to effectively manage and grow the business.

The emphasis on courage, loyalty, and confidence highlights the fundamental qualities necessary for success in business partnerships and operations. Courage is required to take risks, make difficult decisions, and navigate challenges that inevitably arise in the business world. Loyalty is essential for building and maintaining trust among partners, employees, and clients, fostering a sense of unity and commitment to the common goals of the business. Confidence, both in oneself and in one's colleagues, is crucial for making sound judgments and steering the business in the right direction.

Furthermore, the quote sheds light on the dynamics of leadership and decision-making within the business. Bush mentions that "three or four of us were really running the business," indicating the hands-on involvement and responsibility shouldered by a select group of individuals. This highlights the significance of having a dedicated and capable team to manage the day-to-day operations and strategic direction of the business.

The mention of the Harrimans' support also underscores the importance of having influential and supportive stakeholders in the business world. In many cases, having the backing of prominent figures or families can open doors, provide resources, and lend credibility to a business venture. The Harrimans' confidence in Bush and his colleagues likely played a crucial role in the success and growth of their business endeavors.

Prescott Bush's acknowledgment of the Harrimans' role in supporting and entrusting the business to him and his colleagues serves as a testament to the interconnected nature of business relationships and the impact of influential backers on the trajectory of a business. It also reflects the values of trust, collaboration, and appreciation for the contributions of others in achieving success.

In conclusion, Prescott Bush's quote encapsulates the significance of courage, loyalty, and confidence in the context of business operations and partnerships. It underscores the importance of having a capable and dedicated team, as well as the support of influential stakeholders, in driving the success and growth of a business. The quote serves as a reminder of the fundamental qualities and dynamics that underpin effective business leadership and collaboration.