CAN SHARING THE PROFIT MAKE YOU MORE PROFITABLE?
Can you make more money by giving it away? Yes! Investing in your employees causes a chain of actions and reactions that perpetually create even more profit!
Can you make more money by giving it away? Yes! Investing in your employees causes a chain of actions and reactions that perpetually create even more profit!
One of my favorite quotes on the topic of wages is from Robert Bosch: “I don’t pay good wages because I have a lot of money. I have a lot of money because I pay good wages”.
For most of my life, when I heard the phrase “lonely at the top,” I thought of it as a sarcastic remark by someone AT the top, condescending to those they led, pointing out the fact that it was the few, the elite, that made it to the “top” – whatever that was.
Later, as I became an entrepreneur, a CEO, that phrase came to mean something quite different and it began to resonate.
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