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Founders: #360 Robert Kierlin: Founder of Fastenal

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Since its founding in 1967 Fastenal has grown from a small fastener store in Winona, Minnesota, into a multibillion-dollar global organization. How did a small town “nuts and bolts” shop become one of the world's most dynamic growth companies? Whenever asked, company founder Bob Kierlin attributes Fastenal's success to the company's high-quality employees and their commitment to a common goal: Growth Through Customer Service. What I learned from reading The Power of Fastenal People by Robert Kierlin. ---- Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ---- Build relationships with other founders, investors, and executives at a Founders Event ---- Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on demand. You can search all my notes and highlights from every book I've ever read for the podcast. Get access to Founders Notes here. ---- Join my free email newsletter to get my top 10 highlights from every book ---- Follow

[00:00:00] Organizations succeed to the extent that all of their members pursue a common goal. Everything in this book goes back to that idea. It goes back to the idea of keeping the main thing the main thing and how this is a very simple and powerful idea that's excessively hard to practice over a long time because it goes against human nature. It's in our nature to drift and complicate things. And the founder of Fastenal, Bob Kierlin, built his entire company building thesis around that idea. Keep everybody in your organization pursuing a common goal. And then Bob uses this book to defend…

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