I just learned an interesting thing about my grandfather.
Back in the late 1970's my grandfather was known for doing very good jewelry work in New York City. He was known for doing really nice welding on fine parts, and for making jewelry with tightly fitting and precise tolerances. He had an acquaintance who made him an offer.
This man, Mr. Montgomery, had a business where he made bags for bicycles and hikers and whatnot. He was thinking of moving into making bikes. He wanted my grandfather to come help him. My grandfather knew nothing about bikes, but since he was good with precision parts and all that, Mr. Montgomery knew he'd be good and building precise mechanisms for bicycles.
Mr. Monggomery even offered that my grandfather would be a founding parter in the bicycle division of the company and would have all the benefits associated with that position.
But my grandfather rejected the offer. "Thanks, but no thanks," said he. Taking this position would have meant moving out to the middle of nowhere in CT. And my grandfather didn't want to do that to his family. Besides, it was a small company and who knows if it would even survive that long! You don't put all your chips down on some new, upstart no-name company that. So he stayed in the jewelry business in NYC.
As you might have guess, Mr. Montgomery was Joe Montgomery, and the no-name upstart comapny was Cannondale.
My grandfather passed away 4 years ago, but I feel like he's still banging his head against the wall over that one.