Our event will bring together prominent Dallas area business leaders and entrepreneurs for a panel discussion on entrepreneurial activity in Dallas, the economy and other topics of interest to business leaders.
They hosted our event at their corporate headquarters, including a tour of their amazing logistics facility, from which any item that is in one of their stores originates.
A true entrepreneurial story, Kip has grown The Container Store from a single 1,600 sqft location in Dallas to 43 locations throughout the country, that average 25,000 sqft in size.
The big take-away from his talk was over-communicate to your staff, your partners and your vendors. If you put your employees first – revenue and profits will follow.
The Container Store philosophy is that 1 great employee = 3 good employees, and 1 good employee = 3 bad employees. So only hire great employees and over-pay them compared to the market.
Kip also says he gives the same power-point presentation on the company’s status to his board of directors and his employees. Employees feel they know what is going on in the business and won’t be surprised.