Carlos Helu posted this up on his website. He recently became the richest man in the world beating Bill Gates and many others for the top spot. I think there is a lot of wisdom in these words so I wanted to post them for everyone to read. Again I challenge you to think for yourself and apply some of these strategies you think might work in your life!
- Create an organizational
structure with simple, minimal hierarchies; provide personal development and
in-house training for executives; maintain flexibility and a rapid
decision-making capability; leverage the advantages of a small company and use
these to grow and excel.
- Maintaining austerity
in good times strengthens, profits and accelerates the development of the
company, and averts the bitterly drastic adjustments in times of crisis.
- Stay focused on
modernization, growth, training, quality, simplification and the continuous
improvement of production processes. Increase productivity and competitiveness,
reduce costs and expenses by using global benchmarks.
- Companies should never
be limited by the size of the owner or manager. Do not be a big fish in a small
pond. Minimize investment in non-productive assets.
- There is no challenge
that we cannot overcome by working together with clear objectives and knowing
the tools we have at our disposal.
- Money that leaves the
company evaporates; this is why we reinvest profits.
- Corporate creativity is
not only applicable to business, but also to solving many of society’s
problems. This is what we do through the Group’s Foundations.
- All times are good
time for those who know how to work and have the tools to do so.
- Firm and patient
optimism always yields its rewards.
Here is the website so you can do your homework.