By: S. Truett Cathy (2011)
Published by Looking Glass Books, Inc., 730 Sycamore St. Decatur, Georgia 30030.
Book Price: $20.00
Founder of a successful billion dollar food chain
Truett Cathy is the founder of a successful billion dollar food chain. No overnight success story, Cathy worked with his wife, Jeannette, for twenty-one years behind the counter of their mom-and-pop restaurant. He opened the first restaurant at age 46. Today the chain totals more than 1500 restaurants, generating almost $4 billion annually.
Opportunities & responsibilities accompanying wealth
In four revealing chapters Truett Cathy explores the opportunities and responsibilities that accompany financial success. He includes stories from friends like Warren Buffett, and speaks about the power of wealth (Ch. 1), honestly earned wealth (Ch. 2), spending wisely and saving reasonably (Ch. 3), and generosity (Ch. 4).
Wealth opportunities through powerful success keys
S. Truett Cathy communicates with a warm, transparent and experiential expression. He states, “I have experienced poverty and plenty, and I’ve decided that I much prefer living with plenty.”
Using relevant examples, Cathy relays powerful business success keys from his business. He shares, “We have more than fifteen hundred restaurants in the chain, but each of those restaurants represents a family creating its own sweet memories. By “staying small,” we also remain sensitive to the needs of others… “
The practical wisdom Cathy shares expresses the reason why he has been successful in business. He doesn’t hesitate to advise readers boldly, saying, “Everybody needs a budget, a plan for spending that allows them to buy the things they need and put enough aside for long-term requirements.”
Mr. Cathy illustrates his points using examples of successful entrepreneurs. In his discussion about generosity, he expresses that “People like Walt Disney, Henry Ford, and Bill Marriott. They not only created products and services that make our lives more enjoyable, but they were incredibly generous with their money.”
Cathy never removes responsibility from our lives, he challenges with, “God gives us opportunities to plow the field, but we have to plow it ourselves if we expect to make a harvest… It takes hard work on our part.”
S. Truett Cathy expresses the opportunities and responsibilities available to those who build wealth in their life.
Success Step: List 3 things that may be stopping you from moving forward in building personal wealth. Change!