Better Quote by Fred DeLuca
“When you're invested in your own business, you're going to run it better. When people are financially responsible for whether their store succeeds, they're going to have that kind of entrepreneurial spirit that's harder to get if headquarters is running things.”
About This Quote
Source Interview: 2015 Business Magazine, Fred DeLuca
Ownership creates responsibility and stronger performance than centralized control.
In simple terms: Owners run businesses better.
Key Takeaway
Empower owners.
Themes
entrepreneurship
ownership
performance
Mood
pragmatic
analytical
Type
business
educational
When to use this quote
- small business
- franchise
- corporate management
Key Concepts
economics
leadership
incentives
Questions to Reflect On
- How can owners be supported?
- What are risks of decentralization?
A Different Perspective
Ownership may not guarantee skill or resources.
