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There's no better friend to any merchant than a fair competitor.

James Cash Penney

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James Cash Penney
Age: 95 †
Born: 1875
Born: September 16
Died: 1971
Died: February 12
Businessman
Entrepreneur
Hamilton
Missouri
Merchant
Competitor
Merchants
Competitors
Fairs
Fair
Friend
Better

More quotes by James Cash Penney

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No matter what his position or experience in life, there is in everyone more latent than developed ability far more unused than used power.
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Determine to do some thinking for yourself. Don't live entirely upon the thoughts of others. Don't be an automaton.
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Change is vital, improvement the logical form of change.
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The keystone of successful business is cooperation. Friction retards progress.
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No man can climb the ladder of success without first placing his foot on the bottom rung.
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Success in business does not depend upon genius. Any young man of ordinary intelligence who is normally sound and not afraid to work should succeed in spite of obstacles and handicaps if he plays the game fairly and keeps everlastingly at it.
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It is always the start that requires the greatest effort.
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A merchant who approaches business with the idea of serving the public well has nothing to fear from the competition.
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Responsibilities are given to him on whom trust rests. Responsibility is always a sign of trust.
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I was long brought up to think that it was nothing short of a crime to miss a sale.
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It was always my practice to train salespeople under my direct supervision, and to treat children with the utmost consideration.
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The best of merchandise will go back to the shelf unless handled by a conscientious, tactful salesman.
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Exchange ideas frequently.
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Honor bespeaks worth Confidence begets trust.
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Theory is splendid but until put into practice, it is valueless.
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The art of effective listening is essential to clear communication, and clear communication is necessary to management success.
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The best way to stop a bad habit is never to begin it.
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The five separate fingers are five independent units. Close them and the fist multiplies strength. This is organization.
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The Golden Rule finds no limit of application in business.
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I believe in trusting men, not only once but twice - in giving a failure another chance.
James Cash Penney