As we said, even the best venture investors have a portfolio, but investors who understand the power law make as few investments as possible.
- Peter Thiel
Notable Quotables
When you are tough on yourself, life is going to be infinitely easier on you.
- Zig Ziglar
The prizes of life are at the end of each journey, not near the beginning, and it is not given to me to know how many steps are necessary in order to reach my goal. Failure I may still encounter at the thousandth step, yet success hides behind the next bend in the road. Never will I know how close it lies unless I turn the corner.
- Og Mandino
The best way to conduct research on a larger scale is to make sure everyone knows what everyone else is doing… The sooner the better – start talking to other people about what you’re doing. Because that’s what will stimulate things the fastest.
- James Simons
It has been my observation that most people get ahead during the time that others waste.
- Henry Ford
In the beginning, I was so chintzy I really didn’t pay my employees well.
- Sam Walton
For people who are readers, reading is important to them.
- Jeff Bezos
If you want a successful business, your people must feel that you are working for them—not that they are working for you.
- Sam Walton
I don’t know what’s the matter with people: they don’t learn by understanding, they learn by some other way—by rote or something. Their knowledge is so fragile!
- Richard P. Feynman
I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.
- Winston Churchill
Younglings, younglings gather ’round.
- Yoda
When you do the common things in life in an uncommon way, you will command the attention of the world
- George Washington Carver
Set high goals, encourage competition, and then keep score.”
- Sam Walton
History recalls the remarkable resilience of the territory’s people.
- Cheng Yu-tung
Apart from banking facilities of a relatively small proportion which were raised in Renminbi, the majority of the Group’s funding facilities are obtained in Hong Kong Dollars and the Group’s exposure to foreign exchange fluctuation riks is therefore extremely small.
- Lee Shau Kee
Every great man, every successful man, no matter what the field of endeavor, has known the magic that lies in these words: every adversity has the seed of an equivalent or greater benefit.
- W. Clement Stone
Owners don’t fire all the players. They fire the leader and bring in someone they hope the players will buy into.
- Napoleon Hill
Properties that were sold by the Group during this financial year amounted to approximately HK$15.6 billion, comprising around 8,000 residential units.
- Lee Shau Kee
In poor countries, we still need better ways to measure the effectiveness of the many government workers providing health services. They are the crucial link bringing tools such as vaccines and education to the people who need them most. How well trained are they? Are they showing up to work?
- Bill Gates
I’ll mix a lot of things. I’ll wear a Temperley dress with flip flops, or I might be in head-to-toe Gucci and have on a ring that I got from a gumball machine for 50 cents.
- Sara Blakely
Every right implies a responsibility; Every opportunity, an obligation, Every possession, a duty.
- John D. Rockefeller
We create stress for ourselves because you feel like you have to do it. You have to. I don’t feel that anymore.
- Oprah Winfrey
There’s an old saying: To lead yourself, use your head; to lead others, use your heart. That’s the nature of the Law of Connection. Always touch a person’s heart before you ask for a hand.
- Michael Levine
Most people are fast to stop you before you get started but hesitate to get in the way if you’re moving.
- Timothy Ferriss
(1) Define a to-do list and (2) define a not-to-do list. In general terms, there are but two questions:
- Timothy Ferriss
Globally, business and government leaders are beginning to dramatically transform their traditional business models into Internet economy business models, … Customers are increasingly seeking Cisco’s expertise to help them through this transformation.
- John Chambers
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
Criticism may not be agreeable, but it is necessary. It fulfills the same function as pain in the human body; it calls attention to the development of an unhealthy state of things. If it is heeded in time, danger may be averted; if it is suppressed, a fatal distemper may develop.
- Winston Churchill
All our dreams can come true, if we have the courage to pursue them.
- Walt Disney
Short cycle business are being impacted by credit, and are being impacted by gasoline prices, food, distribution businesses, chemical business.
- Jack Welch
In the case of Apple, they did originally do production internally, but then along came unbelievably good outsourced manufacturing from companies like Foxconn. We don’t have that in the rocket business. There’s no Foxconn in the rocket business.
- Elon Musk
Growth demands a temporary surrender of security. It may mean giving up familiar but limiting patterns, safe but unrewarding work, values no longer believed in, and relationships that have lost their meaning.
- John C. Maxwell
Don’t sling mud at others or soon you will find yourself in a deeper hole than when you started.
- Clay Clark
Every crowd has a silver lining.
- P.T. Barnum
Prospering just doesn’t have to do with money.
- Joel Olsteen
You want to have a future where you’re expecting things to be better, not one where you’re expecting things to be worse.
- Elon Musk
PATIENCE YOU MUST HAVE my young padawan.
- Yoda
Isn’t it amazing how much stuff we get done the day before vacation?
- Zig Ziglar
If my mother hadn’t been the most patient person in the world, I might never have gone to school.
- Ben Horowitz
There’s nothing like the endorphins from being fit, and the incredible endorphin rush that goes with that.
- Richard Branson
We’re seeing an explosion in new approaches, new models and new forms of interaction. This growth comes from change, insight and exploration, not obedience.
- Seth Godin
One day, I’d like to write a book about the worst ads ever run, but my fear is that it would be too long.
- Seth Godin
The starting point of all achievement is desire. Keep this constantly in mind. Weak desires bring weak results, just as a small amount of fire makes a small amount of heat.
- Napoleon Hill
When I was CEO, and I’d listen to music, a lot of people listen to music and you get inspiration from it. And a lot of things in hip hop are very instructive for being in business. Particularly, hip hop is a lot about business, and so it was very useful for me in any job.
- Ben Horowitz
If you don’t believe in your product, or if you’re not consistent and regular in the way you promote it, the odds of succeeding go way down. The primary function of the marketing plan is to ensure that you have the resources and the where withal to do what it takes to make your product work.
- Jay Conrad Levinson
Rich is my word for someone who can afford to make choices, who has enough resources to do more than merely survive.
- Seth Godin
Lack of A Well Defined Power of Decision.
- Napoleon Hill
The first rule of the C.E.O. psychological meltdown is ‘Don’t talk about the psychological meltdown.’
- Ben Horowitz
My personal opinion is that I’m in the media too much. I’m not a politician, I’m a businessman. I would like to be without any extra visibility.
- Viktor Vekselberg
There is more treasure in books then in all pirate’s loot on Treasure Island.
- Walt Disney
Politics are close to me, but there are different ways of participating in politics.
- Vagit Alekperov
People shouldn’t have to spend a lot of money to get high-quality clothing.
- Tadashi Yanai
An appeaser is one who feeds a crocodile, hoping it will eat him last.
- Winston Churchill
Trust your gut.
- Sara Blakely
When life gives you lemons make lemonade!!
- Dale Carnegie
Why don’t we have enough teachers of math and science in the public schools? One answer is well, if they knew the subject well, they’d also know enough to work for Google or Goldman Sachs or God knows where.
- James Simons
Think twice before you speak, because your words and influence will plant the seed of either success or failure in the mind of another.
- Napoleon Hill
Although my spelling is still sometimes poor, I have managed to overcome the worst of my difficulties through training myself to concentrate.
- Richard Branson
We are the safest large city in America, but any crime rate is too high.
- Michael Bloomberg
Law and order exist for the purpose of establishing justice and when they fail in this purpose they become the dangerously structured dams that block the flow of social progress.
- Martin Luther King Jr.
Certainly there are times in all of our lives when bad things happen, or things don’t turn out as we had hoped. But that’s when we we must a decision that we’re going to be happy inspite of our circumstances.
- Joel Olsteen
People don’t buy for logical reasons. They buy for emotional reasons.
- Zig Ziglar
Statistics doesn’t work when the sample size is one.
- Peter Thiel
Our leaders in business, politics, research, and the arts are all great salespeople or they have great sales people on their payroll.
- Jerry Vass
People always fear change. People feared electricity when it was invented, didn’t they? People feared coal, they feared gas-powered engines… There will always be ignorance, and ignorance leads to fear. But with time, people will come to accept their silicon masters.
- Bill Gates
Only the prepared speaker deserves to be confident.
- Dale Carnegie
The fight against AIDS in China is already well underway. The Chinese government and other funders are providing major support, and they’ll continue to bear primary responsibility for delivering prevention and treatment.
- Bill Gates
I’ve known entrepreneurs who were not great salespeople, or didn’t know how to code, or were not particularly charismatic leaders. But I don’t know of any entrepreneurs who have achieved any level of success without persistence and determination.
- Harvey Mackay
The way to gain a good reputation is to endeavor to be what you desire to appear.
- Socrates
Tip #17 – Perceived value is what sells. Real value is what repeats.
- Jack Nadel
I don’t like to beat people down. They need to be lifted up.
- Joel Olsteen
The Field of Dreams conceit is especially popular in Silicon Valley, where engineers are biased toward building cool stuff rather than selling it. But customers will not come just because you build it. You have to make that happen, and it’s harder than it looks.
- Peter Thiel
KNOWLEDGE will not attract money, unless it is organized, and intelligently directed, through practical PLANS OF ACTION, to the DEFINITE END of ac- cumulation of money. Lack of understanding of this fact has been the source of confusion to millions of people who falsely believe that knowledge is power. It is nothing of the sort! Knowledge is only potential power. It becomes power only when, and if, it is organized into definite plans of action, and directed to a definite end.
- Napoleon Hill
One of my lifelong practices is to pay my obligations on time, especially my suppliers. Even in my early years as retailer, I didn’t delay my payments to suppliers, because I tell my kids that we have to be considerate to suppliers and think of their own hinyong or how they have to protect their sense of trustworthiness with others.
- Henry Sy
A corporation’s primary goal is to make money. Government’s primary role is to take a big chunk of that money and give it to others.
- Larry Ellison
I’m trying to make God more relevant in our society. And I think talking in everyday terms and making sure people can understand it – I think that’s important.
- Joel Olsteen
We’re talking about changing every aspect of our lives.
- John Chambers
FOCUSING TOO MUCH ON THE NUMBERS In the second example, I managed the team to a set of numbers that did not fully capture what I wanted. I wanted a great product that customers would love with high quality and on time—in that order. Unfortunately, the metrics that I set did not capture those priorities. At a basic level, metrics are incentives. By measuring quality, features, and schedule and discussing them at every staff meeting, my people focused intensely on those metrics to the exclusion of other goals. The metrics did not describe the real goals and I distracted the team as a result. Interestingly, I see this same problem play out in many consumer Internet startups. I often see teams that maniacally focus on their metrics around customer acquisition and retention. This usually works well for customer acquisition, but not so well for retention. Why? For many products, metrics often describe the customer acquisition goal in enough detail to provide sufficient management guidance. In contrast, the metrics for customer retention do not provide enough color to be a complete management tool. As a result, many young companies overemphasize retention metrics and do not spend enough time going deep enough on the actual user experience. This generally results in a frantic numbers chase that does not end in a great product. It’s important to supplement a great product vision with a strong discipline around the metrics, but if you substitute metrics for product vision, you will not get what you want.
- Ben Horowitz
Don Juan in Carlos Castaneda’s A Separate Peace: “The difference between a warrior and an ordinary man is that a warrior sees everything as a challenge, while an ordinary man sees everything as either a blessing or a curse.
- Michael Gerber
We gave new customers $10 for joining, and we gave them $10 more every time they referred a friend.
- Peter Thiel
I have a calendar life that is complicated, so I use BusyCal and Google Calendar. I keep two different browsers open to avoid some confusion.
- Steve Wozniak
The cost of being wrong is less than the cost of doing nothing.
- Seth Godin
About 80% of our locations are second-generation. In other words, the building used to be, say, a Wal-Mart that moved out to become a Super Wal-Mart, or a Kmart that closed. It seems that such a site becomes available almost every year in every city.
- David Green
The only way I can get you to do anything is by giving you what you want.
- Dale Carnegie
Let us learn our lessons. Never, never, never believe any war will be smooth and easy, or that anyone who embarks on that strange voyage can measure the tides and hurricanes he will encounter. The Statesman who yields to war fever must realise that once the signal is given, he is no longer the master of policy but the slave of unforeseeable and uncontrollable events.
- Winston Churchill
Every worthwhile accomplishment, big or little, has its stages of drudgery and triumph: a beginning, a struggle and a victory.
- Mahatma Gandhi
We want to do a lot of stuff, we’re not in great shape. We didn’t get a good night’s sleep. We’re a little depressed. Coffee solves all these problems in one delightful little cup.
- Jerry Seinfeld
There’s no reason in 2014, to do shit you hate. NONE.
- Gary Vaynerchuk
Dream more than others think practical.
- Howard Schultz
Many people say the privatisation was unfair: that is true – it was unfair. That is a fact: some people became rich and others did not. Unfair does not mean illegal, but it was inevitably unfair.
- Vladimir Potanin
[On the Nike name in 2011] I quite like it now.
- Phil Knight
the Mach3—leaving hundreds of millions of people to a more painful daily battle with stubble.19
- James C. Collins
People are poor judges of importance and inflate minutiae to fill time and feel important.
- Timothy Ferriss
Kids instinctively know – although they will argue to the contrary – that they really are not mature enough to make good decisions on some important issues.
- Zig Ziglar
So many people are looking at what’s wrong, and I try to encourage them to look at what’s right in their life. A lot of people have it a lot worse than you do.
- Joel Olsteen
I am prepared to try anything once.
- Richard Branson
Let’s never try to get even with our enemies, because if we do we will hurt ourselves far more than we hurt them. Let’s do as General Eisenhower does: let’s never waste a minute thinking about people we don’t like.
- Dale Carnegie
Always remember that your present situation is not your final destination. The best is yet to come.
- Zig Ziglar
Beaujolais is so underrated.
- Gary Vaynerchuk
My parents were ordinary people, we lived in a small apartment.
- Viktor Vekselberg





