Amancio Ortega; The best example of how to become rich!

It has been reported that Ortega likes to have lively discussions with small groups of employees

by Sead Dedovic
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Amancio Ortega; The best example of how to become rich!

Amancio Ortega is one of the richest people in the world. It is estimated that he has a fortune of 63 billion pounds. Founder and former chairman of Inditex fashion group, which owns Zara and Bershka clothing chains. Many people wonder how this Spaniard became so wealthy so quickly.

His business style and methods are interesting;
1. It is well known that Ortega didn't have his own office, desk, or computer. It is not uncommon for him to stand in the design room for hours with the tailors and all of his colleagues, rather than being cold towards them.

2. It has been reported that Ortega likes to have lively discussions with small groups of employees, and his long-term CEO (31 years!) Jose Maria Castellano explains how much he enjoys doing so.
3. In spite of the fact that many companies organize and communicate via e-mail, Ortega prefers to communicate directly.

4. In order to relieve his employees of unnecessary work, he distributes duties fairly - delegating tasks. He knows how boring, tiring, and time-consuming paperwork is. People in high positions also perform lower-ranking tasks.

Amancio Ortega: He wants to hear other opinions

5. It's common for us to tell stories rather than listen, but Ortega listens carefully to the people around him. Despite rarely attending large gatherings and awards, he listens patiently to people and builds relationships with them.

6. It is his style not to impose himself, so Inditex's other CEOs can decide and propose their ideas. In Ortega's opinion, keeping the business 'close to home' is crucial to Zara's success, and this is evident in the fact that 55% of Zara's production occurs in Spain, Portugal, and Morocco, rather than the Far East, as is common among similar fashion companies.

You can learn a lot from people like Ortega and apply it to your life. Ortega is an example that persistence, courage and openness to the opinion of others are the most important factors in business.

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