Key Idea: Teach Employees How To Own Their JobGrace Tsujikawa, Ray DiSanto, Ron Bowman, and Albert Black are just a few of the millions of Americans who have transformed their life by delivering an extraordinary service to hundreds of customers. In their own way, each moved from poverty to wealth. Homepage |
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Teach them to think like owners. Groom employees to be independent, creative thinkers, inspired to excel, committed to do whatever it takes…the process is very similar to the process of raising children. This should not surprise us since the goals of each process are very similar. Like raising children, we should have different expectations of our employees at various stages and levels. Think about itDo your emloyees own their homes? Do you encourage them to save to buy a home? Do you teach them how to save and invest? Do they understand how money works? Is there a pay-for-performance component to your compensation plan? Clip from: Capitalism: Path to ProsperityWashington, DC: What are the essential foundations of life, liberty, freedom, and human rights? The USA as a working experiment is a good model to study. Here we can study the earliest documents and concepts and see how these also became the foundations for American capitalism. Within this structure, we can see how just about any family can get on a path to economic independence. Meet Michael Novak, a man whose life study is of the foundations of government systems that work. And here he discovered small business has the heart and spirit that sustains and nurtures democratic capitalism. Michael Novak strikes deep into the heart of public debate about what works and what doesn't work within economic systems, and he says that small business owners are demonstrators. They're on the front lines, risking and fighting the good fight every day. Small business owners take lofty principles and reduce them to nitty-gritty practice. Go to all the Key Ideas & Video... American Enterprise InstituteMichael Novak, Author
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Business Classification: Year Founded: 1947 Teach Employees How To Own Their JobMICHAEL NOVAK: Our founders understood that if you're going to build a free republic, you have to build it on commerce and industry. And they, of course, trusted best the small. (Voiceover) And that's the basis from which you get an independent citizenry who can act like sovereigns. Who are masters of their own destiny and who know the world because they're interacting to try and create things in a very tough resistant world. And that -- that's also the group that produces the wealth at the bottom which wells up. The wealth of this country does not trickle down, it wells up from the bottom. Not a member yet? Learn! Be empowered! Join us! |
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