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You Have to Know When You Can’t Open the Mail Anymore; Learn to Delegate

This column is one in a series that invites contemporary entrepreneurs to agree, disagree and generally reflect on some of the beliefs of Edward Lowe, an entrepreneur who “brought the cat indoors” with a revolutionary cat-box filler, Kitty Litter, and created an entirely new industry. Even after his death, Ed Lowe’s unadorned advice continues to stimulate dialogue among other successful entrepreneurs. Here’s what some of your peers have to say.

Sometimes you have to work with an idea to realize its potential. I doubt whether the prehistoric entrepreneur dashed into his cave yelling, ‘I’ve just discovered fire; let’s grill some ribs!

This column is one in a series that invites contemporary entrepreneurs to agree, disagree and generally reflect on some of the beliefs of Edward Lowe, an entrepreneur who “brought the cat indoors” with a revolutionary cat-box filler, Kitty Litter, and created an entirely new industry. Even after his death, Ed Lowe’s unadorned advice continues to stimulate dialogue among other successful entrepreneurs.

Partnering Pays

Digital Library > Building and Inspiring an Organization > Partnerships “Partnering Pays” Deborah Rhein, founder of D.L. Rhein, a home-furnishings manufacturer in Los Angeles, discovered the key to continued growth was a partner. Sales of Rhein’s high-end lamps, pillows and photo frames took off quickly, averaging 30% growth annually. By 1998, annual sales approached the $1 million mark and the…

Open-Book Policy Clamps Down on Waste

Digital Library > Building and Inspiring an Organization > Open-book management “Open-Book Policy Clamps Down on Waste” To emphasize the importance of quality on the bottom line, residential remodeler Gerry Roth opens his financial books to employees. The company’s goal of 10% net profit may seem like a lot to some employees. "But when they see what comes out of…