Birth: January 1, 1936
If we take care of the business and keep our eye on the goal line, the stock price will take care of itself..
You have to worry about where the business is headed long-term..
When employees are happy, they are your very best ambassadors..
It doesn't do much good to have a quality image, whether it's with the facility or whether it's with the merchandise, if you don't have real quality ….
There was a proposal in California that would keep out Wal-Mart but allow Costco. You opposed it. Are you nuts? That's true: I always oppose these ki….
You destroy the initiative of the working people if they don't feel they have a fighting chance to be a part of the American Dream..
Our attitude has always been that if you hire good people and provide good wages and good jobs and more than that - if you provide careers - that goo….
It is improper for one person to take credit when it takes so many people to build a successful organization. When you try to be top dong, you don't ….
Driving stock up from one day to the next is not what we are about. We are about building a good company and performing for the long term. I know eve….
You could raise the price of, say, a bottle of ketchup to $1.03 instead of $1, and no one would know. Raising prices just 3% per product would add 50….
I think the biggest single thing that causes difficulty in the business world is the short-term view. We become obsessed with it. But it forces bad d….
Paying good wages is not in opposition to good productivity..
You just can't get too focused on worrying about what's going to happen in the next quarter. You have to worry about where the business is headed lon….
Paying your employees well is not only the right thing to do but it makes for good business..
If you've got to work for the rest of your life, you'd better do something you'll enjoy..
I say at our management conferences that the amount Wal-Mart grows in just one year is the equivalent of Costco's size..
You don't have a very motivated working class, it starts to affect the dynamics of the economy. If workers are disenchanted and disenfranchised, prod….
In the final analysis, you get what you pay for..
It's like heroin: You do a little and you want a little bit more. Raising prices is the easy way..
We've always been in favor of improved wages for workers. When you have a strong middle class, they want to buy more stuff at Costco..
You take an educated gamble. If you don't occasionally make a mistake, you're not doing your job..