Education: Graduated high school in 1966
First Job: A shoe salesman while in high school and played in a rock and roll band. Wrote and produced records.
Residence: Las Vegas
What is the greatest business lesson you’ve learned?
It was from a motivational speaker named Ira Hayes. It was to make sure I gave the customer what they want, not what I want.
Many times you can come up with an idea and you think it’s the greatest idea in the world, and it so happens that you’re the only one that thinks that. You need to be able to understand what people want and give them what they want, but make sure it’s more than what they want.
What is the greatest business challenge you’ve faced, and how did you overcome it?
Knowing that I have to make payroll for hundreds of people every two weeks. That’s the greatest business challenge that any business owner faces. I’ve never missed one in 33 years.
Whom do you admire most in business and why?
I admire Bill Gates for the incredible job he’s done building his company. I admire the Waltons for family, for how they built Wal-Mart. I admire Warren Buffet for what he’s done.
My father was probably my favorite. That’s probably the person that I admired the most, though I was only able to work with him three or four years.
He taught me to believe in myself. He taught me how to treat people. I watched how he worked with his staff, his management people and his employees. People from every level of the business all got the same treatment. I learned that from him.