Monday, September 30, 2013

Article of Interest: 10 Rules For Running a Successful Business

I am sure whatever way you are running your business it's good for the business and it's good for you but do you ever wonder what really leads to success with a business? Could you possibly be doing something wrong that won't get you to where you want to be, say 5, 10 or 20 years from now? Sam Walton, the founder of Wal-Mart, had 10 rules for running a successful business. They are simple and straightforward. See if you do most or all of these. And if you don't, try a course correction.
Rule No. 2. Share profits with your employees. If you treat them as partners, they will treat you as a partner, and together you will perform beyond your wildest dreams. Employees are the life-blood of any good company. Many companies seem to have fancy incentive programs for the big wheels, but smart companies have bonuses and profit-sharing all the way down the line.
Read the entire article: Sam Walton's Rules for Success

Photo courtesy:  Holt

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