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
american-businessman good hire jobs people run
It's even more important to hire good people and give them good jobs and good wages. They are the people who are going to run your business.
american-businessman running
We would rather have our employees running our business.
again business everybody good message minute sending watching
Everybody is watching you every minute anyways. If they think the message you're sending out is phony, they're going to say, 'Who does he think he is?' It's again good business. But it is also an obligation.
afford american-businessman children homes middle send strengths
One of the strengths of our nation has always been a strong middle class who could afford their own homes and send their children to school.
american-businessman best wage
We always strive to be the best in the wage package.
american-businessman
We want to turn our inventory faster than our people.
american-businessman
We are a company that promotes 100% within the company.
business want littles
It's like heroin: You do a little and you want a little bit more. Raising prices is the easy way.
attitude business long
Driving stock up from one day to the next is not what we are about. We are about building a good company and performing for the long term. I know everyone says that, that sounds trite when I repeat it that way, but that is and has always been our attitude about our business. If we do the right things, the stock price will take care of itself, and our shareholders will be rewarded.
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.
good-business employee things-to-do
Paying your employees well is not only the right thing to do but it makes for good business.
attitude business people
Our attitude is that if you hire good people and pay them a fair wage, then good things will happen for the company.
business add why-not
You could raise the price of, say, a bottle of ketchup to $1.03 instead of $1, and no one would know. Raising prices just 3% per product would add 50% to your pretax income. Why not do it? It's like heroin: You do a little and you want a little bit more. Raising prices is the easy way.
brilliance floor store worker
The message is that all brilliance emanates from the top; that the worker on the floor of the store or the factory is insignificant.