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13 Lessons from Les Schwab:
1. Get the Incentives Right: Les gave store managers 50% of profits but made them keep every penny invested until their stake equaled his. "If I share half but the store is more successful, my half is worth more than my whole used to be." By locking in their wealth, he ensured they'd think... See more
Shane Parrishx.comLessons From Century Club Companies: Managing for Long-Term Success
Vicki TenHaken • 1 highlight
amazon.com
What can someone who's built multiple billion-dollar companies teach you? Some lessons from my conversation with Brad Jacobs: 1. If you get the major trend right, you can make mistakes and still succeed. 2. If you want extraordinary results, you can’t think like everyone else. 3. Complexity hides opportunity. 4. Focus on return on capital and
... See more[Outliers] Sol Price: The Godfather of Costco, Walmart, and Modern Retail
Robert E. Price (source book author)fs.blog![Thumbnail of [Outliers] Sol Price: The Godfather of Costco, Walmart, and Modern Retail](https://d1l054mla94ehg.cloudfront.net/media/images/thumbnails/curation/f673b2f707cf48658768233423294dac/thumbnail.jpg?height=75&dpr=2)
40 things Rockefeller wrote to his son:
1. I never thought I would lose.
2. I do not meet competition. I destroy competitors.
3. Our destiny is determined by our actions and not by our origins.
4. Visionary businessmen are always... See more