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Eric Schiffer, a top leader in business, has actually never thought that he will be a major player in the US retail business industry. What he only wants is to become a truly efficient leader of the company he belongs to. Likewise, he does not focus so much on how to create profits, but instead on the efficient organization of the various levels in his company. He is very much like other conscientious individuals who wanted to grow first as professionals and think about how to grow their company’s profitability later. He actually decided on major changes when it had the opportunity to use some of his time in venture capital business. His entry to the industry of retail sales actually happened when he was invited by his father-in-law to join him in business. His father-in-law was then the Chief Executive Officer of the popular CEO of 99 Cents Only Stores.

Reluctantly, Eric Schiffer attended some of the board meetings of the company. He became aware of the normal goings-on and got him interested to join 99 Cents. He realized that the company needs to have more investors in order to expand the business. After some time, as he went through comprehensive analyses of the company’s profits and losses, he realized that with some adjustment on company moves and policies, 99 Cent Stores can improve and grow profitably. With his research on the company available as a report, he decided to inform his wife about the status of the company. 99 Cents Store can definitely succeed given the effective management of this business by a competent leader, which is Eric Schiffer. He likewise placed his attention on the emotional development of everyone in the organization. While he believes that profits to any company are vital to its existence, what is important as well is a harmonious organization that will work to the full development of the company.

Indeed, while Eric Schiffer was a leader that cared not much about profits, but more on the emotional success of everyone belonging to the organization, he believed that able leadership and profits go hand in hand. He proposed for the company to go public, since it is already capable of doing so. He realized that opening the company’s door to an Initial Public Offering will certainly push it to attain substantial growth and expansion across the whole of the United States. Because of his expert leadership, the people at 99 Cents saw the competent leader in Eric Schiffer.

The leaders were impressed, and because of this, the top management of 99 Cents decided that they needed Schiffer to become part of the company and take part of his being a true leader in business. Schiffer took the challenge and accepted the position at the company. Being a serious advocate for business learning, he decided that he needed to obtain as much information and details on the retail industry.

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