Dave Thomas, founder of Wendy's hamburger chain, left school after year 10. He began his education at the age of 12, working at lunch counter. He spent time as a cook in the army, worked in several restaurants and as a manager of a KFC store, which led him to open his first Wendy's store in 1969. His stores today number more than 4020. Yet one thing he notes about education is that many people, especially those with degrees, out-think themselves. He maintains that success is not about complicated theories found in university lecture rooms. Success, he believes, is simply knowing what people want and helping them get their money's worth - simple!
How can you learn the principles? Study the successes. Successful people write autobiographies, and they generally set out their business principles clearly there. It's not an ideal way to learn. Face to face is better, but it is a place to start. As time goes by and you gain more experience, you will manage to meet your role models and learn more.
Don't just concentrate on the successes of others. Learn from their failures too. Study how they spend their money as well as how they make it. Use others' experience - it is invaluable!
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