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Founders cover image

#360 Robert Kierlin: Founder of Fastenal

Founders

NOTE

Reject Luxury to Embrace Diligence

The narrative emphasizes the rejection of hierarchical privilege, showcasing the disdain for the inflated self-importance of executives who demand special treatment, such as a separate elevator. It critiques the notion of formality and superficial gestures, like laying a red carpet for executives, highlighting that such acts contradict principles of diligence and frugality. The connection between luxury and corruption is made clear, arguing that prosperity is unattainable under leaders who indulge in opulence. Ultimately, it champions a corporate ethos focused on simplicity, hard work, and genuine care for employees.

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