Archive for the 'L.L. Bean' Category

L.L. Bean’s Golden Rule

Monday, December 29th, 2008

It’s year-end, the time of year when I clean out the file cabinet (the price of paper will go down once my contribution gets recycled into the supply chain).

I have a file for quotes, aphorisms, and other sayings that I like to pull out from time to time to help me stay focused on what really matters. I came across L.L. Bean’s Golden Rule for creating a successful business. I deemed it worthy of a post. So, for your consideration:

L.L. Bean’s Golden Rule

“Sell good merchandise at a reasonable profit, treat your customers like human beings, and they’ll always come back for more.”

What is a Customer?

  • A customer is the most important person ever in this company – in person or by mail.
  • A customer is not dependent on us; we are dependent on him.
  • A customer is not an interruption of our work; he is the purpose of it.
  • We are not doing a favor by serving him; he is doing us a favor by giving us the opportunity to do so.
  • A customer is not someone to match wits with. Nobody ever won an argument with a customer.
  • A customer is a person who brings us his wants. It is our job to handle them profitably to him and to ourselves.
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