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Home » Dolly Parton's advice for running a vast business empire at 78 years old
Business Strategy

Dolly Parton's advice for running a vast business empire at 78 years old

adminBy adminFebruary 12, 2024No Comments3 Mins Read1 Views
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Dolly Parton, a singing sensation turned business mogul, shows no signs of slowing down at 78 years old. And according to her, the path to emulating her success is quite simple.

The iconic “9 to 5” singer hinted that she puts in more than just a standard work day.

In an interview with Bloomberg, Parton said she is “working hard” to keep the many plates of her business empire spinning.

As co-owner of Dollywood, Parton helps oversee the Dollywood theme park, Splash Country water park, several diner ventures, as well as spas and hospitality venues in the Great Smoky Mountains.

Parton's portfolio also includes a pet apparel business, Dougie Parton, a fragrance brand and, most recently, a range of baking kits with Duncan Hines.

forbes Parton, who is also an avid philanthropist, is valued at $440 million, although other media outlets value her at closer to $650 million.

But Parton said that despite her name becoming a brand, she has never been a “stepping stone on the Bossman ladder” as she once wrote.

When asked how she manages to run her empire so successfully, Parton said she's been “blessed” with the effort of working with great people and inspiring them to continue doing so. Ta.

Parton has never tried to micromanage, she added. I just try to get people smarter than me in the right places, and then I get on with my job. ”

The author reveals that her talent lies in the creative side of business, and that there are aspects of her empire that she knows nothing about, but feels she doesn't need to because of the talent she has. He said there was.

“I'm more of a creative force and have a general sense of things,” she said. “I try to find the best people and trust them to do what they say they can do. Then there are the people who take care of all of them.”

The 'Islands in the Stream' singer also said that her hands-off management approach to senior executives is combined with instinct and that if an individual is not suitable for the role, it will eventually become clear. He also said that he believed that.

“I know that if someone is wrong, they will react, and they will be called out over and over again by others they trust, and that it is time to move on from them. You know,” she says.

“So I rely on my own higher wisdom to know if I'm in the right place with the right people.”

“Looks like a woman, thinks like a man”

Ms. Parton, a recipient of the Carnegie Medal of Charity, said she knew from her early days performing in Nashville that she had a talent that could be monetized. Or, as Parton puts it, “Looking like a woman and thinking like a man, so to speak.”

Parton also offers some sage advice on grooming, which may be helpful to Gen Z employees entering the workforce who are reportedly unsure of how to dress at the office. do not have.

For Parton, who is known to be a big fan of wigs and brightly colored suits, the aim is to be comfortable, adding:

“If there's a dress code, look the best you can and push yourself to the limit. You can bend the rules a little, but if that's the job you want and you already know the rules, Please follow the rules.”

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