Notable Quotables

When Baby Boomers grow up and write books to explain why one or another individual is successful, they point to the power of a particular individual’s context as determined by chance. But they miss the even bigger social context for their own preferred explanations: a whole generation learned from childhood to overrate the power of chance and underrate the importance of planning. Gladwell at first appears to be making a contrarian critique of the myth of the self-made businessman, but actually his own account encapsulates the conventional view of a generation.

- Peter Thiel

Failed plans should not be interpreted as a failed vision. Visions don’t change, they are only refined. Plans rarely stay the same, and are scrapped or adjusted as needed. Be stubborn about the vision, but flexible with your plan.

- John C. Maxwell

It takes a leader to create momentum. Followers catch it. And managers are able to continue it once it has begun. But creating it requires someone who can motivate others, not who needs to be motivated. Harry Truman once said, If you can’t stand the heat, get out of the kitchen. But for leaders, that statement should be changed to, If you can’t make some heat, get out of the kitchen.

- John Maxwell

Through the wisdom of its government leaders and the entrepreneurship of its private sector, India has rapidly risen to become a major force in the global economy, … Cisco believes that the Internet, and related technologies, will be a key enabler for India to achieve its goal of becoming a developed nation.

- John Chambers

Cherish your visions and dreams as they are the children of your soul. The blueprints of your ultimate achievements.

- Napoleon Hill

Energy is the essence of life. Every day you decide how you’re going to use it by knowing what you want and what it takes to reach that goal, and by maintaining focus.

- Oprah Winfrey

I feel like my message is to let people know that God is a good God, that He’s on their side, and no matter what happens, He has a great plan for them.

- Joel Olsteen

Do you know the only thing that gives me pleasure? It’s to see my dividends coming in.

- John D. Rockefeller

Be reactionary. React to what the market wants. And the market wants one-on-one real time engagement. Now that we have the tools to engage, I’m going to continue fighting for the end user.

- Gary Vaynerchuk

In the end, the customer doesn’t know, or care, if you are small or large as an organization. She or he only focuses on the garmenthanging on the rail in the store.

- Giorgio Armani

From my experience, there are so many regulations for investing in the United States that they become an impediment, a barrier to investing.

- Michael Otto

The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.

- Peter Drucker

The goal is to get the buyer to like and trust you.

- Clay Clark

First comes thought; then organization of that thought, into ideas and plans; then transformation of those plans into reality. The beginning, as you will observe, is in your imagination.

- Napoleon Hill

The issue of Palestine has been there since more than 60 years. But more important since 1967 when the war was, ended in the defeat of some Arab countries.

- Prince Al Waleed Bin Talal Alsaud

If we live in a world where information drives what we do, the information we get becomes the most important thing. The person who chooses that information has power.

- Seth Godin

We also now believe that this slowdown in capital spending could extend beyond two quarters.

- John Chambers

You reach a point where you don’t work for money.

- Walt Disney

60% of the bonus was based on financials and 40% on Six Sigma (quality) results.

- Jack Welch

RULE 2. Leaders make sure people not only see the vision, they live and breathe it.

- Jack Welch

Things get much easier if one jumps on the bandwagon of existing trends.

- Lei Jun

The group has continued to dedicate itself to its core businesses in property, infrastructure development, hotel operations and telecommunications. As for our operations in China, we expect to reap good returns from the investments in infrastructure, government housing and city core redevelopment projects as time goes by. Our strategic foothold in telecommunications will allow us to become an important player in the telecom industry.

- Cheng Yu-tung

Did we not all grow up saying we had to have four glasses of whole milk a day for healthy bones? It’s ridiculous. It’s liquid cholesterol.

- Stephen Wynn

One out of every five page views in the United States is on Facebook!

- Gary Vaynerchuk

They have done great things within what you would call established American sports. Freddy has the potential to bring soccer almost for the first time into the public’s consciousness. Soccer in the United States isn’t really part of the culture. What it needs, I think, is a superhero, and he clearly could be it. Now, that’s putting a lot of pressure on him, but the kid’s got all the potential to do that.

- Phil Knight

I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here.

- Warren Buffett

Everybody was writing about computers and electronics, but all I really knew about was running. It’s what I’ve chosen to do with my life.

- Phil Knight

Backed by our conviction, we remain committed to investing wholeheartedly to improve the people’s living conditions, regardless of all uncertainties.

- Cheng Yu-tung

We have before us an ordeal of the most grievous kind. We hav before us many, many long months of struggle and of suffering. You ask what is our policy? I will say: It is to wage war, by sea, land and air, with all our might and with all the strength that God can give us; to wage war against a monstrous tyranny, never surpassed in the dark, lamentable catalogue of human crime. That is our policy. You ask, what is our aim? I answer in one word: 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 not survival. Letter to Hitler

- Winston Churchill

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

Why should I clutter up my mind with general knowledge, for the purpose of being able to answer questions, when I have men around me who can supply any knowledge I acquire.

- Henry Ford

Cisco believes that the Internet, and related technologies, will be a key enabler for India to achieve its goal of becoming a developed nation.

- John Chambers

If you cannot read all your books…fondle them—peer into them, let them fall open where they will, read from the first sentence that arrests the eye, set them back on the shelves with your own hands, arrange them on your own plan so that you at least know where they are. Let them be your friends; let them, at any rate, be your acquaintances.

- Winston Churchill

People ask me what’s the most important function when you’re starting an organization or setting up the kind of culture and values that are going to endure. The discipline I believe so strongly in is H.R., and its the last discipline that gets funded.

- Howard Schultz

When interviewing candidates, it’s helpful to watch for small distinctions that indicate whether they view the world through the “me” prism or the “team” prism.

- Ben Horowitz

If he actually looks like a salesman, he’s probably bad at sales and worse at tech.

- Peter Thiel

Stories let us lie to ourselves. And those lies satisfy our desires.

- Seth Godin

I was myself so smitten in public opinion that it was the almost universal view that my political life was at last ended.

- Winston Churchill

For Starbucks, there will be no shortage of the highest-quality arabica beans. I suspect that for some others there could potentially be a problem, not in the near term, but over time.

- Howard Schultz

Your time is limited, don’t waste it living someone else’s life. Don’t be trapped by dogma, which is living the result of other people’s thinking. Don’t let the noise of other opinions drown your own inner voice. And most important, have the courage to follow your heart and intuition, they somehow already know what you truly want to become. Everything else is secondary.

- Steve Jobs

The best job goes to the person who can get it done without passing the buck or coming back with excuses.

- Napoleon Hill

I had a feeling once about Mathematics – that I saw it all. Depth beyond depth was revealed to me – the Byss and Abyss. I saw – as one might see the transit of Venus or even the Lord Mayor’s Show – a quantity passing through infinity and changing its sign from plus to minus. I saw exactly why it happened and why the tergiversation was inevitable but it was after dinner and I let it go.

- Winston Churchill

Do you ever worry’ asked Dale Carnegie, I replied: ‘No. I believe God is managing affairs and that He doesn’t need any advice from me. With God in charge, I believe that every-thing will work out for the best in the end. So what is there to worry about?’

- Henry Ford

I didn’t follow up on the exchanges we had on Time Warner Cable (TWC) that were mentioned in the media because we were not ready.

- Patrick Drahi

So sure, start with a slogan. But don’t bother wasting any time on it if you’re merely going for catchy. Aim for true instead.

- Seth Godin

Personal discipline, when it becomes a way of life in our personal, family, and career lives, will enable us to do some incredible things.

- Zig Ziglar

And in urology, it could be drugs or devices for bladder and prostate problems.

- David Pyott

Whatever affects one directly, affects all indirectly. I can never be what I ought to be until you are what you ought to be. This is the interrelated structure of reality.

- Martin Luther King Jr.

But I know newspapers. They have the first amendment and they can tell any lie knowing it’s a lie and they’re protected if the person’s famous or it’s a company.

- Steve Wozniak

My opinion is it’s a bridge too far to go to fully autonomous cars.

- Elon Musk

And so I believe that God plays this enormous role in my life. And I believe that it’s my obligation to give back and to follow the rules that were set. And it also gives me an enormous sense of my own place and an enormous sense of stability.

- Ronald Perelman

Even though I am nearly deaf, I seem to be gifted with a kind of inner hearing which enables me to detect sounds and noises that the listeners do not perceive.

- Thomas Edison

Several families interviewed for this book recommended the oldest persuasive tool known to man: bribery. Each child is given some amounts of virtual cash, 25-30 cents, for each hour of good behaviour. The same amount is subtracted from their accounts for breaking the rules. All purchases for fun – whether souvenirs, ice cream, or otherwise – come out of their own individual accounts. No balance, no goodies. This often requires more self-control on the part of the parents than the children.

- Timothy Ferriss

I’ve come to believe that each of us has a personal calling that’s as unique as a fingerprint – and that the best way to succeed is to discover what you love and then find a way to offer it to others in the form of service, working hard, and also allowing the energy of the universe to lead you.

- Oprah Winfrey

Today, not starting is far, far worse than being wrong. If you start, you’ve got a shot at evolving and adjusting to turn your wrong into a right. But if you don’t start, you never get a chance.

- Seth Godin

If you’ve invented something new but you haven’t invented an effective way to sell it, you have a bad business—no matter how good the product.

- Peter Thiel

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

At the end of the day, the Irvine Co. is slowly being transformed. Our long-term goal is to transform what was once an agricultural company to a development company, and to that, the next, final step is to create a large real estate investment company.

- Donald Bren

Education isn’t a problem until it serves as a buffer rom the world and a refuge from the risk of failure.

- Seth Godin

American Dream – and it says that you should graduate from high school, graduate from college, get married, find a job with good benefits, have sex with your spouse two times per week, buy a home with a mortgage, get a pet, go on vacation two times per year, have two kids, invest in mutual funds and IRAs, recycle when possible, and aim to retire early in your mid-fifties to early sixties, if you are lucky. I don’t know about you, but for me it’s kind of hard to be passionate about that American Dream.

- Clay Clark

There’s no reason why the future should happen only at Stanford, or in college, or in Silicon Valley.

- Peter Thiel

I was raised with ‘Laurel and Hardy’ and ‘I Love Lucy’ and Jerry Lewis, and I just loved it. And I had a friend in high school and we would just laugh all day and put on skits. You know, it’s the Andy Kaufman thing or the Marty Short thing where you’re performing in your bedroom for yourself.

- Steve Martin

We believe our growth rate indicates that Cisco continues to gain market share against our traditional competitors in most product sectors.

- John Chambers

Let’s make it easy and take more and more of the friction out as we can.

- Jack Dorsey

Madness is rare in individuals—but in groups, parties, nations, and ages it is the rule,” Nietzsche wrote (before he went mad).

- Peter Thiel

Sometimes by losing a battle you find a new way to win the war.

- Donald Trump

We are not even close to finishing the basic dream of what the PC can be.

- Bill Gates

So long as I can stay mentally alert – inquiring, curious – I want to keep going. I love my wife and my children, but I don’t want to sit around at home with them. We go on safaris and things like that. I can do that for a couple of weeks a year. I’m just not ready to stop, to die.

- Rupert Murdoch

Not every Apple product makes a big enough difference to me to get instantly, although many do.

- Steve Wozniak

People say that what we are seeking is a meaning for life. I don’t think this is what we’re really seeking. I think what we’re seeking is an experience of being alive.

- Joseph Campbell

You’ve probably heard about “first mover advantage”: if you’re the first entrant into a market, you can capture significant market share while competitors scramble to get started. But moving first is a tactic, not a goal. What really matters is generating cash flows in the future, so being the first mover doesn’t do you any good if someone else comes along and unseats you. It’s much better to be the last mover—that is, to make the last great development in a specific market and enjoy years or even decades of monopoly profits. The way to do that is to dominate a small niche and scale up from there, toward your ambitious long-term vision. In this one particular at least, business is like chess. Grandmaster José Raúl Capablanca put it well: to succeed, “you must study the endgame before everything else.

- Peter Thiel

About two-thirds of us work between forty-five and fifty-five hours per week.

- Thomas J Stanley

After putting economics aside, I found that there were two primary reasons why people quit: They hated their manager; generally the employees were appalled by the lack of guidance, career development, and feedback they were receiving. They weren’t learning anything: The company wasn’t investing resources in helping employees develop new skills.

- Ben Horowitz

Most companies that go through layoffs are never the same. They don’t recover because trust is broken. And if you’re not honest at the point where you’re breaking trust anyway, you will never recover.

- Ben Horowitz

Surround yourself with only people who are going to lift you higher.

- Oprah Winfrey

You can’t have a rigid view that all new taxes are evil.

- Bill Gates

It is important for a husband to understand that his words have tremendous power in his wife’s life. He needs to bless her with words. She’s given her life to love and care for him, to partner with him, to create a family together, to nurture his children. If he is always finding fault in something she’s doing, always putting her down, he will reap horrendous problems in his marriage and in his life. Moreover, many women today are depressed and feel emotionally abused because their husbands do not bless them with their words. One of the leading causes of emotional breakdowns among married women is the fact that women do not feel valued. One of the main reasons for that deficiency is because husbands are willfully or unwittingly withholding the words of approval women so desperately desire. If you want to see God do wonders in your marriage, start praising your spouse. Start appreciating and encouraging her. Every single day, a husband should tell his wife, I love you. I appreciate you. You’re the best thing that ever happened to me.” A wife should do the same for her husband. Your relationship would improve immensely if you’d simply start speaking kind, positive words, blessing your spouse instead of cursing him or her.

- Joel Olsteen

If you spend your time, worth $20-25 per hour, doing something that someone else will do for $10 per hour, it’s simply a poor use of resources.

- Timothy Ferriss

When God puts love and compassion in your heart toward someone, He’s offering you an opportunity to make a difference in that person’s life. You must learn to follow that love. Don’t ignore it. Act on it. Somebody needs what you have.

- Joel Olsteen

I think the most important factor in getting out of the recession actually is just the regenerative capacity of – of American capitalism.

- Warren Buffett

There comes a precious moment in all of our lives when we are tapped on the shoulder and offered the opportunity to do something very special that is unique to us and our abilities, what a tragedy it would be if we are not ready or willing.

- Winston Churchill

Ally yourself with a group of as many people as you may need for the creation and carrying out of your plan or plans for the accumulation of money…Compliance with this instruction is absolutely essential. Do not neglect it.

- Napoleon Hill

If you can’t state your position in eight words, you don’t have a position.

- Seth Godin

Write your life story as if it has already happened and live it out using your faith in yourself, and in the reality that you are embracing.

- Clay Clark

If you get up in the morning and think the future is going to be better, it is a bright day. Otherwise, it’s not.

- Elon Musk

I don’t want to be liked. I want to be respected.

- Jack Ma

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

Flipping burgers is not beneath your dignity. Your Grandparents had a different word for burger flipping – they called it opportunity.

- Bill Gates

No one can predict the future exactly, but we know two things: it’s going to be different, and it must be rooted in today’s world.

- Peter Thiel

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 past is prophetic in that it asserts loudly that wars are poor chisels for carving out peaceful tomorrows.

- Martin Luther King Jr.

My son is trying to be a sports writer, and my daughter is a college student. She wants to be a comedy writer, and she’s at film school. I discouraged both of them early on from getting involved in Starbucks. I didn’t think it would be fair; plus, they didn’t have any interest anyway.

- Howard Schultz

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