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BSS Why Entrepreneurs Should Eat Bananas by Simon Tupman

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Leonard G. Lee is the founder and chair of Lee Valley Tools Ltd., a leading mail-order and retail supplier of woodworking and gardening tools and cabinet hardware based in Ottawa, Canada. Since its foundation in 1978, the company has stimulated so much demand for its innovative products that 25% of sales are now in export markets, and it employs 800 people with 11 stores throughout Canada.

Why did you start your company?

For many years, I served in the Canadian public service, both in foreign affairs and in the Department of Industry. If I’d stayed there, I would have become a serial killer! It wasn’t a happy workplace in later years. I felt ...

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