Notable Quotables

I was always fascinated by the decision-making process and the managerial process and just business in general.

- Ronald Perelman

Assetts put money in your pocket. Liabilities take money out of your pocket.

- Robert Kiyosaki

You can’t learn in school what the world is going to do next year.

- Henry Ford

E – Edge, ability to make tough yes and no decisions

- Jack Welch

Time is your most precious gift because you only have a set amount of it.

- Rick Warren

Failure is a great teacher, and I have been its student on more than one occasion. – CEO David Novak of Yum! Brands

- David Novak

Bob Dylan has said that he who is not busy being born is busy dying.

- 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

Strategy is empty without change, empty without passion, and empty without people willing to confront the void.

- Seth Godin

The Internet moves very fast. In the old world, we could afford to sit and analyze forever. But in the new world, the first mover has the advantage.

- Raymond Kwok

Russia is not a homogenous country, it’s a very fragmented country.

- Alexei Mordashov

I have always said that everyone is in sales. Maybe you don’t hold the title of salesperson, but if the business you are in requires you to deal with people, you, my friend, are in sales.

- Zig Ziglar

Maintain ‘baseball cards’ and/or ‘believability matrixes’ for your people. Imagine if you had baseball cards that showed all the performance stats. You could see what they did well and poorly and call on the right people to play the right positions in a very transparent way.

- Ray Dalio

Japanese businesspeople and companies are lacking in individuality.

- Tadashi Yanai

Good communication is a give-and-take proposition. Don’t think of your pitch as a short speech, after which you get a thumbs up or a thumbs down.

- Michael Levine

A productive employee who is kept busy working at his or her job is far more likely to be happy at that job and less likely to look for employment elsewhere.

- Zig Ziglar

A new company’s most important strength is new thinking: even more important than nimbleness, small size affords space to think.

- Peter Thiel

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

Each nation feels superior to other nations. That breeds patriotism – and wars.

- Dale Carnegie

You measure your people and you take action on those that don’t measure up.

- Jack Welch

Yesterday ended last night. Today is a brand new day and it’s yours.

- Zig Ziglar

The people who skip the hard questions are in the majority, but they are not in demand.

- Seth Godin

Zero to One is about how to build companies that create new things. It draws on everything I’ve learned directly as a co-founder of PayPal and Palantir and then an investor in hundreds of startups, including Facebook and SpaceX.

- Peter Thiel

A tribe is a group of people connected to one another, connected to a leader, and connected to an idea. For millions of years, human beings have been part of one tribe or another. A group needs only two things to be a tribe: a shared interest and a way to communicate.

- Seth Godin

We have two turbines in our company: One is engineering, and the other is operations. And so our business people are on equal footing with our engineering and technology culture. Cars are moving because of what we do, so there’s an imperative to go beyond just the technology.

- Travis Kalanick

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

- Winston Churchill

The only way to get ahead is to find errors in conventional wisdom.

- Larry Ellison

China and India will, separately and together, unleash an explosion of demand.

- Mukesh Ambani

My supply of Scotch caution never has been small; but I was apparently something of a daredevil now and then to the manufacturing fathers of Pittsburgh. They were old and I was young, which made all the difference.

- Andrew Carnegie

We can complain because rose bushes have thorns, or rejoice because thorn bushes have roses.

- Abraham Lincoln

I actually do think you’re seeing this trend towards organizations just caring more about their brand and engaging. And so I think Home Depot will want to humanize itself. I think that’s a lot of why companies are starting blogs, are just giving more insight into what’s going on with them.

- Mark Zuckerberg

You can change your world by changing your words… Remember, death and life are in the power of the tongue.

- Joel Olsteen

Determine your destiny or somebody else will.

- Jack Welch

Establish a core value that drives the business and helps promote it in perpetuity.

- Ben Horowitz

Hold on to that new, enlarge vision of victory that God has given you. Start expecting things to change in your favor. Dare to boldly declare that you are standing strong against the forces of darkness.

- Joel Olsteen

If you think something hard is impossible, you’ll never even start trying to achieve it. Belief in secrets is an effective truth.

- Peter Thiel

If people talk about you, being jealous, critical, and trying to make you look bad, don’t let that change you. You don’t need their approval when you have God’s approval.

- Joel Olsteen

Personally, I think the failure to really kind of get his arms around this company and this industry led to confusion on behalf of the management team. And I didn’t see that getting any better.

- Phil Knight

Do the thing you fear most and the death of fear is certain.

- Mark Twain

I love art, I love design, and I love seeing that intersection of technology and the teams that work on it.

- Jack Dorsey

You reinforce the behaviors that you reward, he explained. If you reward candor, you’ll get it.

- Jack Welch

You may think using Google’s great, but I still think it’s terrible.

- Larry Page

MANAGING STRICTLY BY NUMBERS IS LIKE PAINTING BY NUMBERS Some things that you want to encourage will be quantifiable, and some will not. If you report on the quantitative goals and ignore the qualitative ones, you won’t get the qualitative goals, which may be the most important ones. Management purely by numbers is sort of like painting by numbers—it’s strictly for amateurs. At HP, the company wanted high earnings now and in the future. By focusing entirely on the numbers, HP got them now by sacrificing the future. Note that there were many numbers as well as more qualitative goals that would have helped: Was our competitive win rate increasing or declining? Was customer satisfaction rising or falling? What did our own engineers think of the products? By managing the organization as though it were a black box, some divisions at HP optimized the present at the expense of their downstream competitiveness. The company rewarded managers for achieving short-term objectives in a manner that was bad for the company. It would have been better to take into account the white box. The white box goes beyond the numbers and gets into how the organization produced the numbers. It penalizes managers who sacrifice the future for the short term and rewards those who invest in the future even if that investment cannot be easily measured. CLOSING THOUGHT It is easy to see that there are many ways for leaders to be misinterpreted. To get things right, you must recognize that anything you measure automatically creates a set of employee behaviors. Once you determine the result you want, you need to test the description of the result against the employee behaviors that the description will likely create. Otherwise, the side-effect behaviors may be worse than the situation you were trying to fix.

- Ben Horowitz

What we maybe should’ve realized sooner was that we are running a political campaign and the candidate is Uber. And this political race is happening in every major city in the world. And because this isn’t about a democracy, this is about a product, you can’t win 51 to 49. You have to win 98 to 2.

- Travis Kalanick

Innovation is the specific instrument of entrepreneurship…the act that endows resources with a new capacity to create wealth.

- Peter Drucker

You ask, what is our aim? I can answer in one word. It is victory, victory at all costs, victory in spite of all terror, victory, however long and hard the road may be; for without victory, there is no survival.

- Winston Churchill

Profit in business comes from repeat customers; customers that boast about your product and service, and that bring friends with them.

- W. Clement Stone

When you are a leader, your job is to have all the questions. You have to be incredibly comfortable looking like the dumbest person in the room. Every conversation you have about a decision, a proposal, or a piece of market information has to be filled with you saying, “What if?” and “Why not?” and “How come?

- Jack Welch

I’m going to retain a lot of Microsoft’s stock.

- Bill Gates

If you find yourself plagued by a recurrent worry, train yourself to think of something else. Your conscious mind can concentrate on only one thought at a time, and driving the negativity away will free you up to move forward again.

- Harvey Mackay

Many of life’s failures are experienced by people who did not realize how close they were to success when they gave up.

- Thomas Edison

God’s got you in the palm of His hand. You won’t leave one second before your time. If God wants you to be here, then you’re going to be here.

- Joel Olsteen

Somebody once said that in looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if you don’t have the first, the other two will kill you. You think about it; it’s true. If you hire somebody without [integrity], you really want them to be dumb and lazy.

- Warren Buffett

One can get anything if he is willing to help enough others get what they want.

- Zig Ziglar

We feel like right now, computers are still pretty bad. You’re just messing around. You’re scrolling on your touchscreen phone, and trying to find stuff. You’re in a car. It’s bouncy, and you can’t– it doesn’t really work. I think the actual amount of knowledge you get out of your computer versus the amount of time you spend with it is still pretty bad. So I think our job is to solve that, and most of the things we’re doing make sense in that context.

- Larry Page

Nature is what we know. We do not know the gods of religions. And nature is not kind, or merciful, or loving. If God made me — the fabled God of the three qualities of which I spoke: mercy, kindness, love — He also made the fish I catch and eat. And where do His mercy, kindness, and love for that fish come in? No; nature made us — nature did it all — not the gods of the religions.

- Thomas Edison

Every worthwhile accomplishment, big or little, has its stages of drudgery and triumph: a beginning, a struggle and a victory.

- Mahatma Gandhi

My favorite things in life don’t cost any money. It’s really clear that the most precious resource we all have is time.

- Steve Jobs

CEOs can talk and blab each day about culture, but the employees all know who the jerks are. They could name the jerks for you. It’s just cultural. People just don’t want to do it.

- Jack Welch

To reach your full potential, you have to set goals that will stretch you.

- Zig Ziglar

Always will I take another step. If that is of no avail I will take another, and yet another. In truth, one step at a time is not too difficult.

- Og Mandino

As Americans, there are very few things we have confidence in.

- Howard Schultz

Globalization replaced technology as the hope for the future. Since the ’90s migration “from bricks to clicks” didn’t work as hoped, investors went back to bricks (housing) and BRICs (globalization). The result was another bubble, this time in real estate.

- Peter Thiel

We are consolidating our position as one of the leading technology companies in the automotive industry. Research and development expenditure of another 6 percent of our sales or around €2.1 billion is fueling our capacity for innovation. There are very few companies in the industry that are able to operate in these dimensions.

- Elmar Degenhart

The number one benefit of information technology is that it empowers people to do what they want to do. It lets people be creative. It lets people be productive. It lets people learn things they didn’t think they could learn before, and so in a sense it is all about potential.

- Steve Ballmer

Well, real estate is always good, as far as I’m concerned.

- Donald Trump

Let your motto then always be ‘Excelsior’, for by living up to it there is no such word as fail.

- P.T. Barnum

Remain close to government and away from politics. It means deal more with the authorities. And less with individuals.

- Wang Jianlin

I just think that it’s strong and it’s important that we recognize what the Christmas season is about; it’s about the birth of our Savior, and there’s a lot of pressure today to be politically correct, but people are realizing, too, that you have to be open to express your faith what you want believe.

- Joel Olsteen

Disruption is like an earthquake. Disruption has no purpose. It has not values. It has no organizing principle. It has no direction and it has no leadership… This is not what we want to bring into the world. What we want to bring into the world is revolution.

- Jack Dorsey

I intentionally abandoned the hard stuff early on because not only do I think it’s useless, I think it’s a distraction.

- Seth Godin

The thought of my mortality – I think about it a lot. I find it motivating. It can be any time that your number’s up.

- Sara Blakely

In a crowded marketplace, fitting in is failing. In a busy marketplace, not standing out is the same as being invisible.

- Seth Godin

Forty is when you actually begin even deserving to be on stage telling people what you think.

- Jerry Seinfeld

People development should be a daily event, integrated into every aspect of your regular goings-on.

- Jack Welch

Today, we’re very dependent on cheap energy. We just take it for granted – all the things you have in the house, the way industry works.

- Bill Gates

Americans mythologize competition and credit it with saving us from socialist bread lines. Actually, capitalism and competition are opposites. Capitalism is premised on the accumulation of capital, but under perfect competition all profits get competed away.

- Peter Thiel

You can’t wait for inspiration. You have to go after it with a club.

- Jack London

Whether you’re 9 or 90, stop trying to fix the things you’re bad at, and focus on the things you’re good at.

- Gary Vaynerchuk

The Beatles created something that never trailed off. What a gift that was to their fans. If you’re into the Beatles, you loved them from beginning to end.

- Jerry Seinfeld

In business, equilibrium means stasis, and stasis means death.

- Peter Thiel

It’s not where you start or even what happens to you along the way that’s important. What is important is that you persevere and never give up on yourself.

- Zig Ziglar

Imagine if you had baseball cards that showed all the performance stats for your people: batting averages, home runs, errors, ERAs, win/loss records. You could see what they did well and poorly and call on the right people to play the right positions in a very transparent way.

- Ray Dalio

In view of the good progress made in respect of negotiations relating to Mainland China’s entry to the World Trade Organisation and the boost in local economic activities deriving from the emergence of the new economy, a great number of technology-related and international institutions have established and expanded their businesses in Hong Kong, bringing about substantial increases both in rentals as well as capital values for prime office properties and luxury residential properties.

- Lee Shau Kee

The most interesting thing about a postage stamp is the persistence with which it sticks to its job.

- Napoleon Hill

That’s why I can tell you with confidence that you are coming into greater victories. Enlarge your vision. Take the limits off God. You have not seen your best days. God has victories in your future that will amaze you. He will show up and show out in unusual ways. You may be in a tough time right now, but remember this: The enemy always fights you the hardest when he knows God has something great in store for you.

- Joel Olsteen

I built a conglomerate and emerged the richest black man in the world in 2008 but it didn’t happen overnight, it took me 30 years.

- Aliko Dangote

The idea that everyone should slavishly work so they do something inefficiently so they keep their job – that just doesn’t make any sense to me. That can’t be the right answer.

- Larry Page

It takes up enough of my time and interest just working on comedy. I just enjoy it and love doing it.

- Jerry Seinfeld

Creating content that allows us to share our experiences, thoughts, and ideas in real time is becoming an intrinsic part of life in the twenty-first century.

- Gary Vaynerchuk

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