Sublime

We instituted full health and dental insurance back in the 1960s when it was cheap. When I left, we were paying about $6,000 per employee per year! Why? If the employees are stressed by medical bills, they may steal. That’s one good reason for Trader Joe’s generous health and dental plans. On the other hand, we were cheap, cheap, cheap on life insu

“We sat around at a restaurant, and we made a deal on a napkin: ‘We’re going to make the movie for free. We don’t want to get any salaries and we get a big back end. Ivan gave it to Tom Pollock, who was then running Universal Studios. Tom Pollock said ‘This is great, and we can make this movie for $16.5M if you guys don’t take a salary and you get

Lorenzo knew he had a good reason to risk the dangers inherent in the merger of any two airlines, a reason he often described with the phrase “critical mass.” An airline didn’t necessarily have to be big in overall terms (although that had its virtues), but it had to be big in its principal operating locations. It was on the same principle that Bob

clients.

A timber magnate in Seattle named William E. Boeing, bidding low because he built his own airplanes, won the line from Chicago to San Francisco, giving birth to what would become United Airlines.

He knew his place, but he became a big part of the culture there, because he made sure things were fair and honest. He was a man of his word and expected the same of others.