This quote suggests a hierarchy of priorities for a successful business: employees first, consumers second, and shareholders third. The underlying idea is that the well-being and satisfaction of employees are the foundation of a successful business. Happy employees are more likely to be productive, innovative, and customer-focused. Their satisfaction and enthusiasm can translate into superior service or product quality, which in turn pleases the consumers.

Consumers come next in the priority list. A business exists to serve its customers and meet their needs. If a business fails to satisfy its customers, it will not survive in the long run. Consumers are the source of a company’s revenue, and their satisfaction can lead to repeat business, positive word-of-mouth, and a strong reputation in the market.

Shareholders come last in this hierarchy. While they provide the necessary capital for the business and expect a return on their investment, their interests should not supersede the needs of the employees and consumers. A business that prioritizes shareholders over employees and consumers may achieve short-term financial gains, but it could harm the business in the long run by damaging employee morale, customer satisfaction, and the company’s reputation.

Applying this idea in today’s world, businesses could focus more on employee satisfaction and well-being. This could involve offering competitive salaries, providing opportunities for growth and development, creating a positive work environment, and recognizing and rewarding employees’ efforts.

In terms of personal development, this quote encourages individuals to prioritize their well-being and personal growth (analogous to the employees) before attending to the needs and expectations of others (analogous to the consumers and shareholders). It suggests that by taking care of oneself first, an individual will be better equipped to help others and achieve their goals.