Andrew Beal might be called a man with a restless intellect. At the
moment, contemplating a reporter’s question in his office, he’s a man with
restless fingers.
He fiddles with a binder clip, toys with the cord of the phone on his
cluttered desk, picks up several papers in rapid succession, glances at
them, and puts them back down. Then he rakes his hands through short, dark
hair that shows the first sprinklings of grey.
That leads his hands to the stem of his eyeglasses, so he takes them
off and holds them to the light, squints through them, and puts them back
on.
Then he goes back to the binder clip. Click, click, click. He snaps
it open, flicks it closed, and tosses it back into the paperclip holder
on his jumbled desk.
He makes another pass with his fingers through his, by now, disheveled
hair, then laces the fingers of both hands together behind his head, tilts
back in his desk chair, and gazes speculatively at the ceiling.
And then something unusual happens.
Hyperkinetic Andrew Beal—Highland Park father of five, banker, real
estate developer, amateur mathematical theorist, and fledgling aerospace
entrepreneur—is perfectly still. It lasts only as long as it takes him
to consider an answer to the question.
You seem to have a penchant for taking chances in business. Why?
“I’m not sure I’d call it taking chances. I think of it as attributing
a different level of risk to a problem than the rest of the world attributes
to it. I’m not that much of a risk taker. I just take situations that people
perceive to be high risk, and I decide that they can be managed to low
risk. I’m really very conservative.”
Then the motion marathon is on again.
Risk? What risk? He’s invested tens of millions of his own dollars
in an as-yet-untested product. It is being developed by a two-year-old
company with no chance of making a profit for at least two more years.
He’s entered an embryonic commercial aerospace industry, which is capital
intensive and highly competitive.
“People told me I was crazy. Someone said I was having a midlife crisis,”
says Beal. “I thought it was a reasoned decision and continue to believe
it’s a reasoned decision. It can be managed to very acceptable risk.”
Andrew Beal may be restless, but he is not nervous.