Notable Quotables

Top academic institutions are wonderful, but there are unrecognized benefits to not coming out of one. Grads from top schools are funneled into high-income 80-hour-per-week jobs, and 15–30 years of soul-crushing work has been accepted as the default path. How do I know? I’ve been there.

- Timothy Ferriss

Entrepreneurs are always biased to understate the scale of competition, but that is the biggest mistake a startup can make.

- Peter Thiel

Good product managers crisply define the target, the “what” (as opposed to the “how”), and manage the delivery of the “what.” Bad product managers feel best about themselves when they figure out “how.” Good product managers communicate crisply to engineering in writing as well as verbally. Good product managers don’t give direction informally. Good product managers gather information informally.

- Ben Horowitz

Science investigates religion interprets. Science gives man knowledge which is power religion gives man wisdom which is control.

- Martin Luther King Jr.

People don’t want lots and lots of single purpose devices. They do not want to have to learn how to set up something for photos, another thing for music, another thing for video.

- Bill Gates

Work like hell. I mean you just have to put in 80 to 100 hour weeks every week. [This] improves the odds of success. If other people are putting in 40 hour work weeks and you’re putting in 100 hour work weeks, then even if you’re doing the same thing you know that… you will achieve in 4 months what it takes them a year to achieve.

- Elon Musk

Parkinson’s Law dictates that a task will swell in (perceived) importance and complexity in relation to the time allotted for its completion.

- Timothy Ferriss

It’s OK to have your eggs in one basket as long as you control what happens to that basket.

- Elon Musk

I don’t want to be too critical of what other people do, but when people go back to do the same thing that they did, I’m completely confused. I’m like, ‘Didn’t you make that movie already?’ I’ve been very fortunate, and I’m well taken care of, so the least I can do is try to go forward.

- Jerry Seinfeld

The millionaires and billionaires who chose to invest in Australia are actually those who most help the poor and our young. This secret needs to be spread widely.

- Gina Rinehart

Thee may be some concern about rising inflation, shortage of labour and increased trade protectionism but the economy is generally in good shape.

- Cheng Yu-tung

I may be over the top on this, but I just don’t want to like my competitors. I want my people to believe that whenever he and our other competitors succeed, we will be less able to do all the things we want to do.

- Phil Knight

There are no rules here — we’re trying to accomplish something.

- Thomas Edison

When you found a company, you have the original vision, you make all the original decisions, you know every employee, you kind of know every aspect of the product architecture and its limitations.

- Ben Horowitz

Short cycle business are being impacted by credit, and are being impacted by gasoline prices, food, distribution businesses, chemical business.

- Jack Welch

If there’s a problem, we at Wine Library never tell ourselves that once we handle this issue, we’ll never have to deal with the person again. We talk to every single person as though we’re going to wind up sitting next to that person at his or her mother’s house that night for dinner.

- Gary Vaynerchuk

The critical ingredient is getting off your butt and doing something. It’s as simple as that. A lot of people have ideas, but there are few who decide to do something about them now. Not tomorrow. Not next week. But today. The true entrepreneur is a doer, not a dreamer.

- Nolan Bushnell

Structure a deal and create a plan around it.

- Jack Nadel

People are more comfortable learning about wine because now they can just Google, you know, ‘Soave,’ and say, ‘Oh, O.K., cool.’

- Gary Vaynerchuk

I notice a difference from the moment I meditate.

- Ray Dalio

When you live for others’ opinions, you are dead. I don’t want to live thinking about how I’ll be remembered.

- Carlos Slim Helu

Be willing to make the mistakes and realizing that something can happen later – the patience are some of the things I would advise.

- Jack Dorsey

You learn how to be book smart in school, but you better not forget that you also need to be street smart.

- Harvey Mackay

Fortunately, problems are an everyday part of our life. Consider this: If there were no problems, most of us would be unemployed.

- Zig Ziglar

With the attention I got on my wealth, I thought I would have become a source of resentment, but it is just the other way around – it just generates that much more ambition in many people.

- Azim Premji

It’s OK for China to invent cancer drugs that cure patients in the United States. We want them to catch up. But as the leader, we want to keep setting a very, very high standard. We don’t want them to catch up because we’re slowing down or, even worse, going into reverse.

- Bill Gates

You cannot consistently perform in a manner which is inconsistent with the way you see yourself.

- Zig Ziglar

[In February 2011 on Square.] Starting a startup after twitter is so much easier than before.

- Jack Dorsey

The new information technology… Internet and e-mail… have practically eliminated the physical costs of communications.

- Peter Drucker

If you aim at nothing you will hit every time.

- Zig Ziglar

When I finally retire, I just want to go away so no one has to listen to me.

- Steve Martin

Some say Google is God. Others say Google is Satan. But if they think Google is too powerful, remember that with search engines unlike other companies, all it takes is a single click to go to another search engine.

- Sergey Brin

We’re absolutely going to have a better facility.

- Ed Clark

I would like to fly in space. Absolutely. That would be cool. I used to just do personally risky things, but now I’ve got kids and responsibilities, so I can’t be my own test pilot. That wouldn’t be a good idea. But I definitely want to fly as soon as it’s a sensible thing to do.

- Elon Musk

I think if you’re an entrepreneur, you’ve got to dream big and then dream bigger.

- Howard Schultz

In the early days of aviation, there was a great deal of experimentation and a high death rate.

- Elon Musk

The price of success is much lower than the price of failure.

- Zig Ziglar

I had a terrible time hiring rich people. It sounds funny, but the problem is when things go wrong they can ask, ‘Why am I doing this?’ You don’t ever want anybody asking that question. You want them to say, ‘I know why I’m doing it, I need the money, let’s go’ or whatever it is that draws them.

- Ben Horowitz

There are only two kinds of employees that I’ve run across in 30 years. There are ones that get results, and ones that make excuses. If you’re in that second camp, you’re not going to like Dish.

- Charles Ergen

Positively defined, a startup is the largest group of people you can convince of a plan to build a different future. A new company’s most important strength is new thinking: even more important than nimbleness, small size affords space to think.

- Peter Thiel

Blue Ribbon Sports of Portland, Oregon. Sorry I’m all out of cards. Boy, does your country ever eat up business cards.

- Phil Knight

The experience of pain or loss can be a formidably motivating force.

- John C. Maxwell

Even when change is elective, it will disorient you. You may go through anxiety. You will miss aspects of your former life. It doesn’t matter. The trick is to know in advance of making any big change that you’re going to be thrown off your feet by it. So you prepare for this inevitable disorientation and steady yourself to get through it. Then you take the challenge, make the change, and achieve your dream.

- Harvey Mackay

Drucker said: ‘If you weren’t already in this business, would you enter it today? And if not, what are you going to do about it?’ … Simple, right? But incredibly powerful.

- Jack Welch

God, You said You would restore health unto me and heal me of my wounds. You said I would live and not die. You said what is impossible with men is possible with God. When you pray.

- Joel Olsteen

If you don’t love what you’re doing with unbridled passion and enthusiasm, you’re not going to succeed when you hit obstacles.

- Howard Schultz

An organization’s capabilities reside in two places. The first is in its processes—the methods by which people have learned to transform inputs of labor, energy, materials, information, cash, and technology into outputs of higher value. The second is in the organization’s values, which are the criteria that managers and employees in the organization use when making prioritization decisions. People are quite flexible, in that they can be trained to succeed at quite different things. An employee of IBM, for example, can quite readily change the way he or she works, in order to work successfully in a small start-up company. But processes and values are not flexible. A process that is effective at managing the design of a minicomputer, for example, would be ineffective at managing the design of a desktop personal computer. Similarly, values that cause employees to prioritize projects to develop high-margin products, cannot simultaneously accord priority to low-margin products. The very processes and values that constitute an organization’s capabilities in one context, define its disabilities in another context.

- Clayton M. Christensen

Revolution has values, revolution has purpose. Revolution has direction. Revolution has leaders. Revolution looks at the intersection ahead and pushes people to do the right thing. And it doesn’t always have to be loud. It doesn’t always have to be violent. It’s just as powerful in it’s stillness.

- Jack Dorsey

Arouse in the other person an eager want. He who can do this has the whole world with him. He who cannot walks a lonely way.

- Dale Carnegie

I cut the feet off of a pair of panty hose and it allowed me to wear a pair of great strappy sandals. I didn’t see lines but the hose rolled up at my feet – and that’s how Spanx born.

- Sara Blakely

Your business has to work when it’s small in order to survive to the point where it gets big.

- Seth Godin

A product is viral if its core functionality encourages users to invite their friends to become users too.

- Peter Thiel

I think it’s a problem that we don’t have more companies like Facebook. It shouldn’t be the only company that’s doing this well.

- Peter Thiel

In my banjo show with the Steep Canyon Rangers, I do do comedy during that show. It’d be absurd just to stand there mute and play 25 banjo songs.

- Steve Martin

I really don’t think in the past. I sit down with many friends at dinner, and they like to talk about the good old days. I’m respectful of the good old days, but I find myself spending very little time reminiscing. I’m really looking forward.

- Donald Bren

If you want the people in the stores to take care of the customers, you have to make sure you’re taking care of the people in the stores. That’s the most important single ingredient of Wal-Mart’s success.

- Sam Walton

Governments will always play a huge part in solving big problems. They set public policy and are uniquely able to provide the resources to make sure solutions reach everyone who needs them. They also fund basic research, which is a crucial component of the innovation that improves life for everyone.

- Bill Gates

Only 17 percent of us or our spouses ever attended a private elementary or private highschool. But 55 percent of our children are currently attending or have attended private schools.

- Thomas J Stanley

Diplomacy is the art of saying Nice Doggie until you can find a rock.

- Will Rogers

Leadership is not magnetic personality, that can just as well be a glib tongue. It is not “making friends and influencing people”, that is flattery. Leadership is lifting a person’s vision to higher sights, the raising of a person’s performance to a higher standard, the building of a personality beyond its normal limitations.

- Peter Drucker

Obviously everyone wants to be successful, but I want to be looked back on as being very innovative, very trusted and ethical and ultimately making a big difference in the world.

- Sergey Brin

Really, the only thing that makes sense is to strive for greater collective enlightenment.

- Elon Musk

Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery..

- Winston Churchill

I never perfected an invention that I did not think about in terms of the service it might give others… I find out what the world needs, then I proceed to invent….

- Thomas Edison

User experience is everything. It always has been, but it’s undervalued and underinvested in. If you don’t know user-centered design, study it. Hire people who know it. Obsess over it. Live and breathe it. Get your whole company on board.

- Evan Williams

Give ordinary folk the chance to buy the same things as rich people.

- Sam Walton

Paine suffered then, as now he suffers not so much because of what he wrote as from the misinterpretations of others…He disbelieved the ancient myths and miracles taught by established creeds. But the attacks on those creeds – or on persons devoted to them – have served to darken his memory, casting a shadow across the closing years of his life.When Theodore Roosevelt termed Tom Paine a ‘dirty little atheist’ he surely spoke from lack of understanding. It was a stricture, an inaccurate charge of the sort that has dimmed the greatness of this eminent American. But the true measure of his stature will yet be appreciated. The torch which he handed on will not be extinguished. If Paine had ceased his writings with ‘The Rights of Man’ he would have been hailed today as one of the two or three outstanding figures of the Revolution. But ‘The Age of Reason’ cost him glory at the hands of his countrymen – a greater loss to them than to Tom Paine.I was always interested in Paine the inventor. He conceived and designed the iron bridge and the hollow candle; the principle of the modern central draught burner. The man had a sort of universal genius. He was interested in a diversity of things; but his special creed, his first thought, was liberty.Traducers have said that he spent his last days drinking in pothouses. They have pictured him as a wicked old man coming to a sorry end. But I am persuaded that Paine must have looked with magnanimity and sorrow on the attacks of his countrymen. That those attacks have continued down to our day, with scarcely any abatement, is an indication of how strong prejudice, when once aroused, may become. It has been a custom in some quarters to hold up Paine as an example of everything bad.The memory of Tom Paine will outlive all this. No man who helped to lay the foundations of our liberty – who stepped forth as the champion of so difficult a cause – can be permanently obscured by such attacks. Tom Paine should be read by his countrymen. I commend his fame to their hands.

- Thomas Edison

You don’t have to start from scratch to do something interesting. You don’t have to start from scratch to have a massive impact on the world. You have to have a good idea. You have to convince other people of those good ideas. And you have to push as quickly as possible.

- Jack Dorsey

About one in five of us is retired. About two-thirds of us who are working are self-employed. Interestingly, self-employed peoplemake up less than 20 percent of the workers in America but account for two-thirds of the millionaires.

- Thomas J Stanley

God wants you to have a good life, a life filled with love, joy, peace, and fulfillment. That doesn’t mean it will always be easy, but it does mean that it will always be good.

- Joel Olsteen

Goals enable you to do more for yourself and others, too.

- Zig Ziglar

The secret to modern life is finding the measure in time management. I have two kids, career and I travel, and I don’t think my life is any different than most couples. The most valuable commodity now for many people is time and how to parcel that out.

- Hugh Jackman

Nobody wanted to believe Jack Ma.

- Jack Ma

Wild Turkey whiskey and Philip Morris cigarettes are essential to the maintenance of human life!

- Herb Kelleher

We often hear military experts inculcate the doctrine of giving priority to the decisive theatre. There is a lot in this. But in war this principle, like all others, is governed by facts and circumstances; otherwise strategy would be too easy. It would become a drill-book and not an art; it would depend upon rules and not on an instructed and fortunate judgment of the proportions of an ever-changing scene.

- Winston Churchill

A bunch of high-IQ people with the wrong kind of ambition won’t work.

- Ben Horowitz

It’s harder, but we’re still finding oil in Oklahoma today. The bar has been raised on startup companies, but it can still be done. Every regulation and every rule limits you, but, yes, it can still be done. That’s the beauty of living in a free country and having the freedom to have an idea and become an entrepreneur.

- Harold Hamm

Singleness of purpose is one of the chief essentials for success in life, no matter what may be one’s aim.

- John D. Rockefeller

New customers are silver…loyal customers are gold.

- Anonymous

If you can’t make 40% on your money in Russia, you’re a fool.

- Simon Reuben

Work as though you would live forever, and live as though you would die today. Go another mile!

- Og Mandino

I was very interested in vaudeville. It was the only sort of discipline that was a five-minute act on stage, which is what I really enjoyed and saw myself doing. And I bought books on it.

- Steve Martin

The craftsman and the artist say, “Here, I made this.” The workingman is asked to follow instructions.

- Seth Godin

Positive thinking will let you do everything better than negative thinking will.

- Zig Ziglar

The problem is that at a lot of big companies, process becomes a substitute for thinking. You’re encouraged to behave like a little gear in a complex machine. Frankly, it allows you to keep people who aren’t that smart, who aren’t that creative.

- Elon Musk

The first step in solving a problem is to recognize that it does exist.

- Zig Ziglar

Does that mean that we should never hire or promote an inexperienced manager who had not already learned to do what needs to be done in this assignment? The answer: it depends. In a start-up company where there are no processes in place to get things done, then everything that is done must be done by individual people–resources. In this circumstance, it would be risky to draft someone with no experience to do the job–because in the absence of processes that can guide people, experienced people need to lead. But in established companies where much of the guidance to employees is provided by processes, and is less dependent upon managers with detailed, hands-on experience, then it makes sense to hire or promote someone who needs to learn from experience.

- Clayton M. Christensen

I am optimistic that we can achieve a better future. It’s not true that the Philippines is a hopeless case.

- Henry Sy

The only thing worse than being blind is having sight but no vision.

- Helen Keller

The lessons of history would suggest that civilisations move in cycles. You can track that back quite far – the Babylonians, the Sumerians, followed by the Egyptians, the Romans, China. We’re obviously in a very upward cycle right now, and hopefully that remains the case. But it may not.

- Elon Musk

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