"If you're smarter than your VP of marketing, or smarter than your VP of HR, or smarter than your IT, then you've hired the wrong people. They should be always smarter than you."
@SelimBassoul at The Principled Business Summit.
"Your circumstances do not define you. I've learned that. I came from Lebanon. I had dyslexia. I have ADHD. I have an accent. I came with very little money."
@SelimBassoul
He was told he would never become a CEO.
@SelimBassoul went on to lead Middleby, Diversey, and Six Flags.
Is there any other country where an immigrant who arrived with nothing can rise this far?
What makes it possible in America?
The signers of the Declaration of Independence pledged their lives, their fortunes, and their sacred honor to build this country. Many have done the same for 250 years.
This Veterans Day, we honor Carlos Mendez, Mike Sherbakov , Bart Madden, and Dan Hamilton, who keep serving as entrepreneurs, investors, and business leaders.
Tag a veteran who keeps serving through business today, and thank them.
βThere are never-ending debates about stakeholder capitalism versus shareholder capitalism and on and on. And at the root why these debates are endless, I think, is a lack of clarity on the purpose of the firm.β
Bart Madden at The Principled Business Summit.
Join the Value Creation Thinking Course at the links in the bio!
When MIT studied John Deere's factories, it found something unexpected: employees loved their jobs.
A culture of trust, lean manufacturing, and 25 years of outperforming the market. Bart Madden explains it in his course, Value Creation Thinking.
Link in bio.
βIf a firm is just gonna get one thing right, you would choose a culture of knowledge-building proficiency.β
Bart Madden at The Principled Business Summit.
Value Creation Thinking Course.
Joint at Principled Business website!
βWe connected on the things that we believed in, the ideals of human freedom and liberty. And those were a few of the key individuals that made PayPal possible.β
PayPal co-founder @LukeNosek at the Principled Business Summit in Austin.
Can you believe that in some places in America, a child needs permission from the government to sell their used toys?
@LukeNosek , co-founder of PayPal, at the Principled Business Summit, on why the freedom to start a business begins in childhood.
What was your first business?
βWhat product or service are you offering to the world? Is it actually something that is going to enrich this world, enrich the lives of as many people in this world? Or is it just a cash grab?β
@ZacharyLevi at The Principled Business Summit!
When schools, farms, and institutions start to fail, the most powerful answer lies with free people who decide to create something better.
@ZacharyLevi at the Principled Business Summit. What system would you rebuild?
βWhat product or service are you offering to the world? Is it actually something that is going to enrich this world, enrich the lives of as many people in this world? Or is it just a cash grab?β
@ZacharyLevi at the principled Business Summit.
βIf youβre not willing to recognize that there is a good way to do capitalism and a not good way to do capitalism, then I donβt want your product or service.β
@ZacharyLevi at the Principled Business Summit!
When government decides for everyone, each person ends up with fewer choices. When each person decides for themselves, everyone ends up with more.
Luke Nosek, co-founder of PayPal, at the Principled Business Summit.
Do you agree?
"As you move toward a system where the government takes over more and more of the society, there just is less freedom. And there is less choice for people."
@LukeNosek at Principled Business Summit.
"This is a way to do good. It's a way to help people by building a business that provided something of value for them... becoming rich in that process was a byproduct of doing something good."
@LukeNosek at Principled Business Summit.
In a free market, wealth is the reward society gives to whoever serves it best.
@iamjohnmackey at the Principled Business Summit: create value, serve the customer, trade freely. Win-win-win.
Join Principled Business, link in bio.
π Paul Leggett is our Principled Business Investor of the Year!
From Mithril Capital, he puts long-term capital behind robotics, energy, and space.
That's how the opportunity to innovate is protected.
π @davidmohara is our Principled Business Executive of the Year!
At Improving since 2007: 10 years among the best places to work in Dallas and 11 straight years on the Inc. 5000.
Trust is a principle of capitalism too.
π @SelimBassoul receives our Principled Business Lifetime Achievement Award!
He arrived with almost nothing and grew Middleby from $40 million to roughly $7 billion, always with people's dignity at the center.