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Theory is splendid but until put into practice, it is valueless.

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
Entrepreneur
Theory
Practice
Business
Valueless
Splendid

More quotes by James Cash Penney

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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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I will have no man work for me who has not the capacity to become a partner.
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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 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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Salesmanship, too, is an art the perfection of its technique requires study and practice.
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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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No man can climb the ladder of success without first placing his foot on the bottom rung.
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The keystone of successful business is cooperation. Friction retards progress.
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The disciplined are free.
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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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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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There's no better friend to any merchant than a fair competitor.
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Honor bespeaks worth. Confidence begets trust. Service brings satisfaction. Cooperation proves the quality of leadership.
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The thought in my mind was that I must be a good merchant. If I were a good merchant, the rest would probably take care of itself.
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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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Honor bespeaks worth Confidence begets trust.
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Exchange ideas frequently.
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Every man must decide for himself whether he shall master his world or be mastered by it.
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Every great business is built on friendship.
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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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