5 Keys To Winning: Dave Ramsey

Posted: May 21, 2012 in Dave Ramsey, Leadership, Success, Uncategorized
Tags: , ,


Dave Ramsey
Personal money-management expert, national radio personality, and best-selling author of The Total Money Makeover

 As a leader you have the responsibility to serve those you lead!

  • 300 people employed at his company.
  • Not boss of those people I am the servant of all those people.
  • Businesses are operated by people who know how to serve their people, customers and communities!

What are the principles that caused us to grow as a business? 

5 Keys things to enable us to win

1. People Matter: This the DNA of our organization. This has to be how you live. 

  • Your customers are people.
  • Your customers matter, they are people, they have sickness, they are not just a place to extract money from!
  • Your team members are people. 
  • Your team matters, they are not just units of production.
  • In many companies their people have  become a commodity.
  • Companies wonder why their why they have people who are not loyal to them. It is because you are not loyal to them.
  • Loyalty breeds loyalty. Be loyal to your people.
  • Love your competitors, treat them well and with respect.

2. An Incredible, Excellent Team Matters:  Our organization is a place where excellence matters.

Of course our company is made up of nice people we fired all the jerks!

  • We have won six years in a row in Nashville  an award as the best place to work for in Nashville.
  • Start the hiring process by prayer, send us the right person, keep your crazy people away.
  • Make sure you really get to know your people during the recruitment process. It takes longer but it is worth it in the long run. 
  • We will fire you for gossip, it is destructive. You must hand your negatives up, never down. I will warn you once,  fire you second time. (See more on this here: The Five Enemies of Unity)
  • As a leader you need to be intentional about the culture you cultivate in your organization.

3. Slow and Steady Matters: This wins the race!

  • You must be consistent.
  • You must have a no quit attitude.
  • He who is impulsive imparts folly.
  • Don’t have business ADD, can’t run after everything that is shiny.
  • Must keep focus.
  • Asked a billionaire what is key to your success?  He reads the story of  the tortoise and the hare, tortoise always win! 
  • Building a successful business is a crock pot process.
  • Take your time!
  • I have worked my butt off for 15 years and now I am overnight success!

4. Financial Principles Matter: You must run business with a budget. You spend less than you take in. You must get out of debt.

  • Slow down, run your business on less than it takes in, operate with margin.
  • Stay out of debt.
  • Debt increase risk and this will maximize the impact of your mistakes.
  • When everything is going good even stupid looks good.
  • Be generous!
  • Be generous and giving to your community.
  • Be generous to your team.
  • Be generous with customers. 
  • You need to have moral component to your business. 
  • By having a generous culture you team will act differently and function at a higher level.
  • When you have generous spirit it sparks creativity among your team members.

5. A higher calling matters: When you play for something bigger than you, you will fight harder, work harder, and achieve more.

  • Define your higher calling.
  • Why do you do what you do?
  • What gives you meaning and purpose?

Leave an amazing legacy!

  • How have Cathy family turned chicken into a higher calling?
  • Their on mission that is bigger than chicken!
  • They are shaping lives of teenagers all over country.
  • What you do for a living has got to be worth getting up every morning.
  • It has to energize you to go busting through all the walls.
  • You won’t do all it takes if you don’t have a higher calling.
  • Your organization must understand the Why? 
  • You better know what your why is and your team better know what your why is.
  • Got to have something that you are aiming at.
  • How cool would it be that you created thousands of millionaires like Microsoft did. Impacted so many lives in such a big way. Changed their family tree forever. 
  • Studying family businesses and how they transition from generation to generation.
  • One part of my higher calling is leaving legacy of those I have had a part in developing and sending them on their way to achieve bigger and better things. To observe them out there when they are doing their own thing, achieving great things on their own. That is rewarding to reflect back on the fact I had some part in their success. 
  • What will your legacy be?
  • What will the dash on your tombstone represent?
  • I am all about making my dash count for as much as possible by leaving a legacy that I can be proud of.

 

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