Notable Quotables

Life is a classroom — only those who are willing to be lifelong learners will move to the head of the class.

- Zig Ziglar

Market leadership can translate directly to higher revenue, higher profitability, greater capital velocity, and correspondingly stronger returns on invested capital.

- Jeff Bezos

Given the uncertainty going into the Y2K quarter, we are very pleased with our quarterly results.

- John Chambers

We are beginning to see the benefits of global consolidation.

- Lakshmi Mittal

If you end your training now — if you choose the quick and easy path as Vader did — you will become an agent of evil.

- Yoda

I would argue heavily that the time that has been allocated to social used to come from television, and people are benefitting from it. People who are saying, ‘Aw, you’re spending all your time on Facebook, or all your time on Twitter,’ I’d like to understand what the person used to do with that time.

- Gary Vaynerchuk

Exposure from a young age to the realities of the world is a super-big thing.

- Bill Gates

Growing up I always felt like I was living on the other side of the tracks. I knew the people on the other side had more resources, more money, happier families.

- Howard Schultz

Our household’s total annual realized (taxable) income is $131,000 (median, or 50th percentile), while our average income is $247,000. Note that those of us who have incomes in the $500,000 to $999,999 category (8 percent) and the $1 million or more category (5 percent) skew the average upward.

- Thomas J Stanley

Fortunately we’re not a public company – we’re a private group of companies, and I can do what I want.

- Richard Branson

Hong Kong is a good fashion city. The interest is enormous. There’s good potential in the Asian market.

- Stefan Persson

The dream in your heart may be bigger than the environment in which you find yourself.

- Joel Olsteen

Form the habit of systematic saving by putting aside a definite percentage of your income. Money in the bank gives one a very safe foundation of courage…

- Napoleon Hill

The challenge with being an initiator of projects is that you are never, ever done.

- Seth Godin

By June this year, the [Henderson] Group had sold approximately 9,500 residential units totally around HK$21 billion in aggregate value.

- Lee Shau Kee

SpaceX is only 12 years old now. Between now and 2040, the company’s lifespan will have tripled. If we have linear improvement in technology, as opposed to logarithmic, then we should have a significant base on Mars, perhaps with thousands or tens of thousands of people.

- Elon Musk

Treasure the love you have received above all. It will survive long after your gold and good health have vanished.

- Og Mandino

Everything happens for a reason, doesn’t it? Even if you don’t consciously agree with that statement, your brain sure does.

- Seth Godin

The first requisite for success is to develop the ability to focus and apply your mental and physical energies to the problem at hand – without growing weary. Because such thinking is often difficult, there seems to be no limit to which some people will go to avoid the effort and labor that is associated with it….

- Thomas Edison

The successful business executive can handle challenges and solve problems at a remarkable clip.

- Zig Ziglar

I would call lack of candor the biggest dirty little secret in business, basically blocks smart ideas, fast action, and good people contributing all the stuff they’ve got. It’s a killer.

- Jack Welch

Once you hit the critical mass, you can’t push it much further. Otherwise the meaning gets fuzzy and confused, and before long, the brand is on the way out.

- Phil Knight

Twitter in 2000 was something that was fun to play with but something I put on the shelf to play with for another day. And that day was 2006.

- Jack Dorsey

I believe you should have a world where you’ve got to license something at a fair price. There are good things I see on Samsung phones that I wish were in my iPhone. I wish Apple would use them and could use them, and I don’t know if Samsung would stop us.

- Steve Wozniak

Well, we’re about 24 million subscribers today, and that’s up from about 15 million a year ago, so it’s a very high rate of growth, and that’s what’s exciting about the business – more and more people are getting smart TVs, they’re watching Netflix on their iPads.

- Reed Hastings

Level 5 leaders display a workmanlike diligence – more plow horse than show horse.

- James C. Collins

Most men go to their graves with their dreams still inside them.

- Zig Ziglar

Future public education will require involvement and collaboration among various local, civic, private and nonprofit entities, a concept I like to refer to as ‘community entrepreneurship.’

- Donald Bren

In a dark place we find ourselves, and a little more knowledge lights our way.

- Yoda

about 15 percent of one’s financial success is due to one’s technical knowledge and about 85 percent is due to skill in human engineering—to personality and the ability to lead people.

- Dale Carnegie

We knew that Lyft was going to raise a ton of money. And we are going [to their investors], Just so you know, we’re going to be fund-raising after this, so before you decide whether you want to invest in them, just make sure you know that we are going to be fund-raising immediately after.

- Travis Kalanick

The World Trade Center site will forever hold a special place in our city, in our hearts. But we would be untrue to the best part of ourselves and who we are as New Yorkers and Americans if we said no to a mosque in lower Manhattan.

- Michael Bloomberg

In low-income countries, the main problems you have is infectious diseases.

- Bill Gates

Indeed, the real question is not, Why greatness?” but What work makes you feel compelled to try to create greatness?” If you have to ask the question, Why should we try to make it great? Isn’t success enough?” then you’re probably engaged in the wrong line of work.

- James C. Collins

Keep it simple. Tell the truth. People can smell the truth.

- Stephen Wynn

Ability can take you to the top, but it takes character to keep you there.

- Zig Ziglar

Good is the enemy of great. And that is one of the key reasons why we have so little that becomes great. We don’t have great schools, principally because we have good schools. We don’t have great government, principally because we have good government. Few people attain great lives, in large part because it is just so easy to settle for a good life.

- James C. Collins

The world won’t care about your self-esteem. The world will expect you to accomplish something BEFORE you feel good about yourself.

- Bill Gates

Life’s most soothing things are a child’s goodnight and sweet music….

- Thomas Edison

Kickstarter isn’t a profit center, it’s an organizer and an instigator.

- Seth Godin

Success comes from keeping the ears open and the mouth closed, A man of words and not of deeds is like a garden of weeds.

- John D. Rockefeller

Every breakthrough business idea begins with solving a common problem. The bigger the problem, the bigger the opportunity. I discovered a big one when I took apart an IBM PC. I made two interesting discoveries: The components were all manufactured by other companies, and the system that retailed for $3,000 cost about $600 in parts.

- Michael Dell

Starting means you’re going to finish. If it doesn’t ship, you’ve failed. You haven’t poked the box if the box doesn’t realize it’s been poked. To merely start without finishing is just boasting, or stalling, or a waste of time. I have no patience at all for people who believe they are doing their best work but are hiding it from the market. If you don’t ship, you actually haven’t started anything at all. At some point, your work has to intersect with the market. At some point, you need feedback as to whether or not it worked. Otherwise, it’s merely a hobby.

- Seth Godin

We always live in an uncertain world. What is certain is that the United States will go forward over time.

- Warren Buffett

When you simplify… When you get down to the essence, you fix so many things.

- Jack Dorsey

So, if you look at what’s common among some of the companies I have, including the Four Seasons, NewsCorp, George V, the Plaza, these are all irreplaceable brands in their own fields.

- Prince Al Waleed Bin Talal Alsaud

Every moment in business happens only once. The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine. And the next Mark Zuckerberg won’t create a social network. If you are copying these guys, you aren’t learning from them.

- Peter Thiel

The employees who share innovative ideas may also be the folks who have some hidden talents that would help incorporate their suggestions.

- Harvey Mackay

Know your numbers’ is a fundamental precept of business.

- Bill Gates

Money motivates neither the best people nor the best in people.

- Dee Hock

God will always bring the right people into your life, but you have to let the wrong people walk away.

- Joel Olsteen

I believe entertainment can aspire to be art, and can become art, but if you set out to make art you’re an idiot.

- Steve Martin

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

When people write checks, they are depleting an asset. And when people are using credit cards, they are increasing their liabilities. In other words, credit cards make it so much easier to get deeper and deeper into debt by increasing your monthly liabilties.

- Robert Kiyosaki

Rockefeller’s supreme insight was that he could solve the oil industry’s problems by solving the railroad’s problems at the same time, creating a double cartel in oil and rails. One of Rockefeller’s strength in bargaining situations was that he figured out what he wanted and what the other party wanted and then crafted mutually advanteous terms. Instead of ruining the railroads, Rockefeller tried to help them prosper, albeit in away that fortified his own position.

- Ron Chernow

If you wait until all the lights are green before you leave home, you’ll never get started on your trip to the top.

- Zig Ziglar

What you need to keep most in the U.S. is the entrepreneurial spirit.

- Alexei Mordashov

My belief and goal is that every professional in the world should be on a service liked LinkedIn.

- Reid Hoffman

The pessimist complains about the wind. The optimist expects it to change. The leader adjusts the sails.

- John C. Maxwell

Whether changes happen depends on people’s mind and view.

- Cheng Yu-tung

Instead of pursuing many-sided mediocrity and calling it “well-roundedness,” a definite person determines the one best thing to do and then does it. Instead of working tirelessly to make herself indistinguishable, she strives to be great at something substantive—to be a monopoly of one.

- Peter Thiel

Monopoly is therefore not a pathology or an exception. Monopoly is the condition of every successful business.

- Peter Thiel

The British nation is unique in this respect. They are the only people who like to be told how bad things are, who like to be told the worst.

- Winston Churchill

I think Les Moonves is the most highly overrated person in television.

- Donald Trump

I will love the light for it shows me the way, yet I will endure the darkness for it shows me the stars.

- Og Mandino

Making it good at scale means admitting that it must be different and embracing the changes that you’ll need to make to keep things from falling apart.

- Ben Horowitz

For myself I am an optimist – it does not seem to be much use to be anything else.

- Winston Churchill

The best customer service is if the customer doesn’t need to call you, doesn’t need to talk to you. It just works.

- Jeff Bezos

The typical project design time for a large company like IBM – and they keep track of this – is a little over four years.

- Bill Gates

For example, a world without secrets would enjoy a perfect understanding of justice. Every injustice necessarily involves a moral truth that very few people recognize early on: in a democratic society, a wrongful practice persists only when most people don’t perceive it to be unjust. At first, only a small minority of abolitionists knew that slavery was evil; that view has rightly become conventional, but it was still a secret in the early 19th century. To say that there are no secrets left today would mean that we live in a society with no hidden injustices.

- Peter Thiel

That’s one of our biggest challenges – getting the people to the product immediately in a consistent way.

- Jack Dorsey

Everyone deserves at least a chance to make things better. And besides people can surprise you.

- David Novak

However, for equity to create commitment rather than conflict, you must allocate it very carefully. Giving everyone equal shares is usually a mistake: every individual has different talents and responsibilities as well as different opportunity costs, so equal amounts will seem arbitrary and unfair from the start. On the other hand, granting different amounts up front is just as sure to seem unfair. Resentment at this stage can kill a company, but there’s no ownership formula to perfectly avoid it.

- Peter Thiel

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

I’m Phil Knight, and I don’t believe in advertising.

- Phil Knight

We must recognize that as the dominant power in the world we have a special responsibility. In addition to protecting our national interests, we must take the leadership in protecting the common interests of humanity.

- George Soros

Ending a sentence with a preposition is something up with which I will not put.

- Winston Churchill

The way to stay ahead was through product innovation. We happened to be great at it.

- Phil Knight

The first three-and-a-half months of calendar year 2001 have been extremely challenging for many of us in high-tech.

- John Chambers

If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability.

- Henry Ford

You can always think of something like the Xbox 360 as a super set-top box that can do everything the set-top box does, but then have the graphics to do the games as well.

- Bill Gates

Some great people are leaders and others are more lucky, in the right place at the right time. I’d put myself in the latter category. But I’d never call myself a normal designer of anything.

- Steve Wozniak

All was there—the programme of German resurrection, the technique of party propaganda; the plan for combating Marxism; the concept of a National-Socialist State; the rightful position of Germany at the summit ofthe world. Here was the new Koran of faith and war: turgid, verbose, shapeless, but pregnant with its message.

- Winston Churchill

Cisco Systems Capital will be investing in companies working on networking technology.

- John Chambers

The steel business is a local business. We do believe in the U.S. economy and would like to have a strong, balanced presence here.

- Alexei Mordashov

We can never own property (because of property taxes) we can just control it (by renting it from the government by paying taxes).

- Robert Kiyosaki

Encouragement and hope are the two most powerful qualities any person can provide to others.

- Zig Ziglar

Expect the best. Prepare for the worst. Capitalize on what comes.

- Zig Ziglar

Hard disks have disappointed me more than most technologies.

- Steve Wozniak

NO PERFORMANCE MANAGEMENT OR EMPLOYEE FEEDBACK PROCESS Your company now employs twenty-five people and you know that you should formalize the performance management process, but you don’t want to pay the price. You worry that doing so will make it feel like a “big company.” Moreover, you do not want your employees to be offended by the feedback, because you can’t afford to lose anyone right now. And people are happy, so why rock the boat? Why not take on a little management debt? The first noticeable payments will be due when somebody performs below expectations: CEO: “He was good when we hired him; what happened?” Manager: “He’s not doing the things that we need him to do.” CEO: “Did we clearly tell him that?” Manager: “Maybe not clearly . . .” However, the larger payment will be a silent tax. Companies execute well when everybody is on the same page and everybody is constantly improving. In a vacuum of feedback, there is almost no chance that your company will perform optimally across either dimension. Directions with no corrections will seem fuzzy and obtuse. People rarely improve weakness they are unaware of. The ultimate price you will pay for not giving feedback: systematically crappy company performance.

- Ben Horowitz

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