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Marcus Lemonis Has The Right Idea

7/27/2014

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Marcu Lemonis is a star on Realtiy TV with a new show called "The Profit."

The money he offers those he intends to help is really his money.  I am sure he is getting paid by the Producers as well but it appears it is the only reality show where the star risks his own money.

Marcus is from the Miami area and grew up in the halls of automobile dealers.  Later he went on to own to become the controlling owner of Camping World. 

He truly believes that the most important element in a business is the people.  He uses a simple formula to judge the validity of a business...People, Product and Procedure.  He readily admits that without the right people, any business will have some real problems.

When asked if his formula fails some times, he is quick to point out that the deal he made for a Flower Shop in Beveraly Hills turned out with a loose $150,000.  In the long run the remainder of his businss choices are succeding and moving forward.  He implied the reason the Flower Shop didn't work was...the people.

What's most amazing about Marcu is that he does this on a handshake! 

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    Will Rodgers, Founder of Pacific Rim Business Consultants

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