James Sinegal
James Sinegal
James D. Sinegal is the co-founder and former CEO of Costco, an international retail chain...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth1 January 1936
CountryUnited States of America
costco ifs
It doesn't do Costco any good if nobody can afford to buy anything.
running motivation thinking
I think that most of the people running companies today are motivated and pay is a small portion of the motivation.
years size management
I say at our management conferences that the amount Wal-Mart grows in just one year is the equivalent of Costco's size.
worry long term
You have to worry about where the business is headed long-term.
jobs men years
If somehow a proclamation were made that C.E.O.'s could only make a maximum of $300,000 a year, you would not have any shortage of very qualified men and women seeking the jobs.
rest-of-your-life enjoy ifs
If you've got to work for the rest of your life, you'd better do something you'll enjoy.
art technology helping
Technology helps us become more efficient and productive but our business still has a lot of art as opposed to strictly science.
worry long next
You just can't get too focused on worrying about what's going to happen in the next quarter. You have to worry about where the business is headed long-term.
wages opposition productivity
Paying good wages is not in opposition to good productivity.
messages salary stores
Obscene salaries send the wrong message through a company. The message is that all brilliance emanates from the top; that the worker on the floor of the store or the factory is insignificant.
eye goal care
If we take care of the business and keep our eye on the goal line, the stock price will take care of itself.
business doors nuts
There was a proposal in California that would keep out Wal-Mart but allow Costco. You opposed it. Are you nuts? That's true: I always oppose these kinds of things. Competition makes us better. Some of our best stores have a Sam's Club next door.
jobs careers people
When you hire good people, and you provide good jobs and good wages and a career, good things are going to happen.
jobs mistake educated
You take an educated gamble. If you don't occasionally make a mistake, you're not doing your job.