How to Build a Business Warren Buffett Would Buy: The R.C. Willey Story
Any entrepreneur will love and appreciate this fascinating story sharing the life lessons that Bill Child learned as he built R. C. Willey, a highly successful furniture business eventually bought out by the legendary Warren Buffett. Lessons on leadership, frugality, honesty, integrity, innovation, and customer service will inspire and motivate readers. How do you take a good company and make it one that billionaire Warren Buffett would buy? The blueprints are in the footprints of a remarkable man: Bill Child.
Here are just a few of Bill's philosophies:
- Character and work ethic carry more weight than resumes.
- Change is an essential ingredient for success in the retail industry. Companies that don't adapt don't last.
- Delegation is vital to growing a small business. True delegation only exists when the leader trusts his people enough to allow them to perform their responsibilities without constant interference.
By Scott, Submitted on 2015-02-25
This is a jewel of a book for anyone interested in business, entrepreneurship, or dreaming of success in life. I ended up reading the book in four lunch-breaks and could hardly put the book down. The story follows the 60-year history of the R.C. Willey company from a door to door, one-man show all the way up to a corporation that is currently valued at over a billion dollars. Throughout the book I saw the wisdom of combining unwavering ethics and principles with the best business practices and the amazing results it produces. The most encouraging part is that you can do it all without any of your employees having to work on Sunday!
There were so many ups and downs in this unfolding story that it made it almost impossible to set down. Bill Child faced so many obstacles, challenges, and discouraging circumstances in managing R.C. Willey and showed such courage and tenacity that he deserves the success that he has achieved. It gives me hope that I can overcome the impossible set-backs that I will surely be faced with in life.
Despite knowing that Buffet was going to enter the scene at some point, the story was only halfway over in 1995 with some of the most exciting years and chapters to follow. Bill and Sheldon Child took the company from rags to riches during their 50 years at the helm of the company and I look up to both of these men immensely. I had the privilege of meeting and interviewing Bill Child a few years ago and he is as down to earth and kind as the way he is described in this book.
You will also enjoy the privilege of getting to know Warren Buffet, one of the wealthiest and most giving men alive, through the eyes of close friends. Author Jeff Benedict tells a great story and Bill Child lives a good life - what better combination can you ask for? I will read this book again and again and hope that you will too.
By B, Submitted on 2015-02-25
As someone who dreams of working in an ultra competitive business world, this book brought hope that my personal character makes the business.
I loved hearing the background stories about Bill Child's experiences and the hard work he endeavored to do.
Great story and message for any business men or women... including those who just graduated!
By Toni, Submitted on 2015-02-25
Great examples of a healthy work ethic sometimes, hard to find these days. I was amazed at the power of sticking by one's beliefs about Sunday worship observance and not opening the store on that day. What blessings followed! A great positive example and a real-life story about what it means to work and stick to your beliefs.