As some of you may know, I follow several key CEO's and leaders. When I say "follow" I mean I try to read as much about them as possible to try to learn from them through the press they receive as well from their own writings. Jack Welch, Warren Buffett, Michael Dell, Bill Gates, etc... Today in Fortune.com, there is a great article...
In the article - a CEO of one of Mr. Buffett's companies states that he sends this or something similar every few years to his CEOs...
We can afford to lose money–even a lot of money. We cannot afford to lose reputation–even a shred of reputation. Let’s be sure that everything we do in business can be reported on the front page of a national newspaper in an article written by an unfriendly but intelligent reporter. In many areas, including acquisitions, Berkshire’s results have benefited from its reputation, and we don’t want to do anything that in any way can tarnish it. Berkshire is ranked by Fortune as the second-most admired company in the world. It took us 43 years to get there, but we could lose it in 43 minutes.
What I would like to say to our employees is that everyone in Chasing Savings should believe in what is stated here... although we are a start up and can't afford to lose money... Our reputation is just as important as earning money... That every client is a more than just a client, and every member of our website is more than just a "user"... they are both "PARTNERS" in ChasingSavings.com
Keep Saving!
Mike
Monday, October 12, 2009
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