The Secrets Of The Rich – Part 5 Of 7 Focus Obsessively And Work, Work, Work-widcomm

Business Having a great business plan, vision or idea is a great slant, but executing it can require an almost neurotic attention to detail, a self-assured devotion to serving the customer and being willing to follow a grueling work schedule. Its not an effortless road. The rich dont base their actions on what is easy and what is convenient. Many of the wealthy relentlessly sweat the small stuff. Ray Kroc was famously obsessed with cleanliness in his McDonalds restaurants. He was fastidious to the point of using a toothpick to clean out the holes of the mop wringer. Roger Penske, race car driver turned trucking magnet and race-team owner, demanded that workers clean the underside of his race cars daily. And, as Donald Trump likes to say, If you dont know every aspect of what youre doing down to the paper clip, youre setting yourself up for some unwel.e surprises. The customer is truly king in the eyes of those who made fortunes in the service industry. This based on the reality that disaffected customers can always take their business elsewhere. There is only one bossthe customer, Sam Walton used to say. And he can fire everyone in the .pany simply by spending his money somewhere else. Ray Kroc agreed: If we focus on satisfying our customers and take care of the top line of our business, the bottom line will always follow. Coddling customers and catering to often fickle tastes calls for an unreserved .mitment to work. While some may follow the Dale Carnegie modelpick good managers and head home at noonthey are probably in the minority. In fact, says Robert Frank, author of the Richistan replacing the idle rich is a new breed of, "workaholic wealthy who can’t stop building empires even after be.ing billionaires." Centi-millionaire Martha Stuart is in a perpetually manic state. Most recently she designed 2,000 household items for Macy’s department store while peddling a line of wines and food along with her other publishing and TV ventures. .munications mogul Ted Rogers, now 74 is still a notorious micromanager and workaholic. "He doesnt golf: he doesnt have hobbies. His .pany is his life, said a former executive of Rogers. For many, inhuman working hours are de rigueur in the early days of a start-up. In his first six years at Microsoft, Bill Gates averaged just two vacation days a year. eBay co-founder Jeff Skoll who underwent several back surgeries blamed his physical troubles on years of 100 hour work weeks at the .pany. Grinding work schedules can sometimes go hand in hand with a penchant of frugality. Mexican industrialist, Carlos Slim Helu, among the worlds richest man works out of an unadorned poorly lit headquarters and admonished employees to, "maintain austerity." Costco co-founder and chief executive Jim Sinegal answers his own phone and wears $12.99 house-brand shirts. Warren Buffett’s partner, Charles Munger, worth $2 billion is a Costco board member often found shopping at the big-box store picking up golf balls, wine, and even his clothes. IKEA founder Ingvar Kampred recycles tea bags and drives a rusty Volvo. And Donald Trump’s centi-millionaire father was known to collect spare nails at his construction site in case he might need them for later use. Nest week #6Timing is Everything. Copyright (c) 2010 Dario Lorenzo About the Author: 相关的主题文章: