A Quote by James Sinegal
Paying your employees well is not only the right thing to do but it makes for good business.
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Creating a strong company culture isn't just good business. It's the right thing to do, and it makes your company better for all stakeholders - employees, management, and customers.
Your employees come first. And if you treat your employees right, guess what? Your customers come back, and that makes your shareholders happy. Start with employees and the rest follows from that.
It's not always easy to do the right thing. But, doing the right thing makes you strong, it builds character, it forces you to make decisions based upon your beliefs and not what other people think. In life, and in business, you have to stand for what you believe in and sometimes you have to stand alone. But, what makes you a leader is having the courage of your convictions.
You have to connect with your market and your employees. First, understand that what your market says is fact and what you say is opinion. Then, take the time to create a good connection with your employees. Without those two key connections, your business will be stuck in mediocrity forever.
You must fire bad customers just as you would fire a bad employee. If you do not get rid of your bad employees, the good employees will leave. If I do not fire bad customers, not only will my good customers leave but many of my good employees will leave as well.
You're neither right nor wrong because other people agree with you. You're right because your facts are right and your reasoning is right - that's the only thing that makes you right. And if your facts and reasoning are right, you don't have to worry about anybody else.
There's an entrepreneur right now, scared to death, making excuses, saying, 'It's not the right time just yet.' There's no such thing as a good time. I started an apparel-manufacturing business in the tech-boom years. I mean, come on. Get out of your garage and go take a chance, and start your business.
Conducting your business in a socially responsible way is good business. It means that you can attract better employees and that customers will know what you stand for and like you for it
In terms of challenges, I think finding the right people to maximize the chances the business will succeed is the hardest thing. You can crunch the numbers any way you want, but at the end of the day, you really need good employees and investors - and they aren't always easy to find.
People are brought up to think, "It's nice to be modest. It's nice to hide your light under a bushel." Well, bullshit! I've never bought that. In my business, the only thing you've really got is your talent; it's the only thing you have to sell.
I think the bring-your-own-device is the best thing that ever happened to CIOs. Now employees are paying for their own devices.
My parents had no money, but they had strong values that I've carried throughout my life - things like not going into debt, never borrowing money, never leveraging, paying your bills on time, keeping your agreements, selling customers the right things, treating employees right, and growing things.
One's ability to enter into thousands of lawsuits as a tool for success, or to use bankruptcy to avoid paying your former employees and vendors, have little relevance when trying to create good government.
It is a sort of great Victorian truth that actually, trying to do the right thing is pretty good for you and pretty good for business as well, by and large.
Education, especially business education will only give you tools. What you do with these tools is all that matters. Life and business isn’t paint by numbers. You have to think for yourself. You have to invent yourself. You have an inferred fiduciary mandate to yourself, and that means, it’s your responsibility to learn people skills, and language skills, in order to increase your chances of success. You also have to be at the right place, at the right time, with the right thing. Mostly and invariably, the real product you’re going to be selling is….you.
If employees feel you don't trust them to do their jobs correctly and well, they'll be reluctant to do much without your approval. On the other hand, when they feel trusted, that you believe they'll do the right things well, they'll naturally want to do things well and be deserving of your trust.
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