Marcus Lemonis Top Rules of Business

Marcus Lemonis is the host of my favorite show The Profit. He has taught me so much about small business and what I need to do to be successful. In honor of the small business guru, I’d like to share some his top 10 rules of business.

Marcus turns failing small businesses around by focusing on improving the 3 Ps

1. People

2. Process

3. Product

Here are some of my favorites from his top 10 rules of business.

Rule #1: DON'T BE AN ASS

“That’s really the main take away: how to treat people” Marcus explains the importance of treating your employees right.

Marcus Lemonis Rule #1: Don’t Be An Ass from CNBC.

Rule #2: MAKE YOUR EMPLOYEES #1

“At the end of the day the customer isn’t number one, the employee is number one. My theory is that if you treat the employee right, then ultimately that employee is going to be the one to interact with the customer and the experience will be better.”

Marcus Lemonis Rule #2: Make Your Employees Number One from CNBC.

Rule #3: KNOW WHAT YOU DON'T KNOW

“It’s very simple. I know what I’m good at and I know what I’m not good at. And with what I’m not good at, I go find people who are good at it and I make them part of my team. Not all of us possess the skills to do everything. And when you can’t realize it, you will end up with a pile of poo”