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DOW (DIA) $517.13 -1.07%S&P 500 (SPY) $755.72 -1.77%NASDAQ 25,437 -2.86%10Y 4.94% -4 bpBITCOIN $77,747 +0.28%NASDAQ 100 (QQQ) $690.49 -3.47%30Y MORTGAGE 7.24% -0.08How to maximize cash back with your credit card for travel and everyday spendingTom Nolan wins UFC Vegas 123 main event with TKO over Renato MoicanoDirector credits Patrick Stewart for saving 'Green Room' from shutdownNew Edition hotel in Cape Town and revamped Las Vegas rooftop bar announcedGabby Williams leads Golden State Valkyries to first WNBA title, named Finals MVPPaul Bettany blew 10 blood vessels in eye while filming VisionQuestYouTube hosts a variety of creepy videos to close out Halloween seasonSan Diego State beats Washington State 26-20 with Javion Kinnard's two rushing touchdownsDOW (DIA) $517.13 -1.07%S&P 500 (SPY) $755.72 -1.77%NASDAQ 25,437 -2.86%10Y 4.94% -4 bpBITCOIN $77,747 +0.28%NASDAQ 100 (QQQ) $690.49 -3.47%30Y MORTGAGE 7.24% -0.08How to maximize cash back with your credit card for travel and everyday spendingTom Nolan wins UFC Vegas 123 main event with TKO over Renato MoicanoDirector credits Patrick Stewart for saving 'Green Room' from shutdownNew Edition hotel in Cape Town and revamped Las Vegas rooftop bar announcedGabby Williams leads Golden State Valkyries to first WNBA title, named Finals MVPPaul Bettany blew 10 blood vessels in eye while filming VisionQuestYouTube hosts a variety of creepy videos to close out Halloween seasonSan Diego State beats Washington State 26-20 with Javion Kinnard's two rushing touchdowns
Small Business

Costco co-founder credits early mentor for retail success

Costco's co-founder attributes his approach to building the retail giant to a key lesson from his first boss.

Oct 31, 2026, 10:36 PM By the Genius Eye newsroom (Small Business Reporter) · Fact-checkedHow we report
Photo: Original author: Tim Morgan / CC BY-SA 3.0, via Wikimedia Commons

According to Inc., the co-founder of Costco, a major retail company valued at $440 billion, attributes much of his success to an early job experience.

This initial position introduced him to a mentor who significantly influenced his business philosophy and approach to retail.

The lesson learned from this mentor played a crucial role in shaping the strategies that helped build Costco into a leading retail giant.

The article highlights the importance of early career mentorship in developing successful business practices.

This insight underscores how foundational experiences and guidance can impact long-term business achievements.

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Sources
  1. Inc.: Costco’s Co-Founder Built a $440 Billion Retail Giant. It Came Down to 1 Lesson From His First Boss
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