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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
Competitor
Merchants
Competitors
Fairs
Fair
Friend
Better
Merchant

More quotes by James Cash Penney

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Change is vital, improvement the logical form of change.
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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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I believe in trusting men, not only once but twice - in giving a failure another chance.
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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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Responsibilities are given to him on whom trust rests. Responsibility is always a sign of trust.
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My definition of an executive's job is brief and to the point. It is simply this: Getting things done through other people.
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The Golden Rule finds no limit of application in business.
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I learned that all things come to those who wait-provided they hustle while they wait.
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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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Our very living is selling. We are all salespeople.
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It was always my practice to train salespeople under my direct supervision, and to treat children with the utmost consideration.
James Cash Penney
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Exchange ideas frequently.
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Theory is splendid but until put into practice, it is valueless.
James Cash Penney
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In setting up a business under the name and meaning of the Golden Rule, I was publicly binding myself, in my business relations, to a principle which had been a real and intimate part of my family upbringing. Our idea was to make money and build business through serving the community with fair dealing and honest value.
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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 greatest teacher I know is the job itself.
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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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How can we expect our children to know and experience the joy of giving unless we teach them that the greater pleasure in life lies in the art of giving rather than receiving.
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Do not primarily train men to work. Train them to serve willingly and intelligently.
James Cash Penney
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The keystone of successful business is cooperation. Friction retards progress.
James Cash Penney