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Jim Sinegal

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Jim Sinegal, born January 1, 1936, was a son of a steelworker from Pittsburgh, Pennsylavaina. He was raised in a working –class Catholic household that belived a medical career was in his future. When he was 17 years old he began attending San Diego State University after struggling thru high school. Many advisors believed he would be better suited for the demands of a junior college. Jim Sinegal, by his own admission, lacked both motivation and the ability to concentrate. In a rescent interview, he admits returning Korean War Veterans provided mentorship and most importantly how they carried themselves with purpose and maturity. Jim said” I regained my focus and paid attention, because deep down I knew education was important.”(1) During this time , Jim Sinegal, applied and was hired for his first job at a Fed-Mart located in Sol Price, Calif. His first job was tasked with unloading mattresses as they arrived at the loading dock.” It wasn’t great, but I was was getting a buck and a quarter an hour that made it exciting” he says.(1) This is were Sinegal discovered his passion for retail and was promoted to store manager and later would become executive vice president of the chain. The first traits that were evident was loyalty and being known as a hard worker. After 30 years with Fed-Mart, Jim Sinegal decided a change was needed to remain fresh. Sinegal founded Costco with Jeff Brotman in 1983 and seven years later combined with price club that has become a leader in warehouse bulk sales. He retired recently but his contributions and leadership style undoubtly will impact for the decent future. His leadership style can best be described as a caring approach. He cares more about people than profits and lisening than talking. As evidence than financial gain is not a value, he makes about a third the pay of an average CEO and doesn’t enjoy the office space

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