Why Loyalty To Your Business is Essential
Can a foundation flourish without trust?
In the 1800's John D. Rockerfeller formed an oil company with a highly effective market of competitive pricing. He became one of the most powerful oil producers known to American history. Due to Rockerfeller's effective power within the industry many owners oil business had to form trusts that began a monopoly of fixed prices and deals to avoid competition. A tactic to be known and created by S.C.T. Dodd.
Due to the effectiveness of these trusts this monopolized method spread into various fields of the business trade forming merges and conglomerate. This formed a tight pact between these companies and industries that forced out every other competitor who did not merge.
Digressing back to the point of loyalty. The Dodd Method is a clear example as to how loyalty and trust is the entire strong hold of any flourishing business. During that era, all the businesses who merged with Rockerfeller became successful in production. Now, this is also a concept to be applicable to customers, families, and friends.
Due to the lack of focus on the widespread benefits of the consumers and market the trusts were eventually demonopolized. However, this is not to say that with the right moralities set in place formations can't still be formed off similar tactics.
For example, take a family and friends of 3. If these set of 3 members kept a tight pact of focus towards helping each member to succeed in becoming better writers, you would then see this consistent growth of progressive writers. Each group would then form a foundation. That would leave a family of growing writers and a group of friends of growing writers. Each group could then potentially produce products of writings to sell while also creating a competition of product... Let the best group win.
The Dodd method is still very much important to these groups because without the initial trusts and foundations built with the loyalty of helping each other to grow, these individual groups would not flourish.
Loyalty is the main foundation for anything to be successful. This includes loyalty to business, ideas, products, goals, consumers, and members.