Notable Quotables

In the business world, the rearview mirror is always clearer than the windshield.

- Warren Buffett

While a definitely optimistic future would need engineers to design underwater cities and settlements in space, an indefinitely optimistic future calls for more bankers and lawyers.

- Peter Thiel

I’ve always felt it was not up to anyone else to make me give my best.

- Hakeem Olajuwon

Making small changes to things that already exist might lead you to a local maximum, but it won’t help you find the global maximum.

- Peter Thiel

Sam hired me in 1970 as a district manager in charge of new store openings. He had eighteen Wal-Marts and some variety stores doing about $31 million a year. I moved my family and as the van was unloading furniture into our rented house, they called from the office and said, Can you set up this new store in Missouri? My wife, who had three babies and a moving van to deal with, helped me find some clothes and I left. I didn’t see her again for two weeks. Then there was a managers’ meeting so I didn’t see her again for two more weeks. It would be safe to say that in those days we all worked a minimum of 16 hours a day.

- Jack Shewmaker

This presents more of a challenge, given our current size and market leadership.

- John Chambers

Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone’s guess, though one likely consequence is an onslaught of inflation.

- Warren Buffett

I like thinking big. If you’re going to be thinking anything, you might as well think big.

- Donald Trump

It’s Microsoft versus mankind, with Microsoft having only a slight lead.

- Larry Ellison

Every dream I’ve ever had in life has come true ten times over.

- Steve Wozniak

If you have 50 different plug types, appliances wouldn’t be available and would be very expensive. But once an electric outlet becomes standardized, many companies can design appliances, and competition ensues, creating variety and better prices for consumers.

- Bill Gates

If your organization requires success before commitment, it will never have either. Part of leadership (a big part of it, actually) is the ability to stick with the dream for a long time. Long enough that the critics realize that you’re going to get there one way or another…so they follow.

- Seth Godin

The thing about fashion – it’s like ducks going quack, quack quack. It’s being dictated from above, and it just makes me want to rebel against it.

- Sara Blakely

Flattery is telling the other person precisely what he thinks about himself.

- Dale Carnegie

I think George Will is somebody that said recently that the Republicans will not lose, as a Republican, that the Republicans will not win the election. I think it was a terrible statement.

- Donald Trump

The hardest thing about starting a company and running a company is, there’s just so many expectations on you, and there are so many people who have things that they want you to do. It’s a lot like life about that.

- Ben Horowitz

So many people label themselves a failure when they fail at something. Instead, the entrepreneurial spirit is realizing that these failures are a necessary part of the path to wherever you’re going to end up.

- Tony Hsieh

I influence anybody who is able to get through the chaos of my first impression.

- Gary Vaynerchuk

If you focus on diversification instead of single-minded pursuit of the very few companies that can become overwhelmingly valuable, you’ll miss those rare companies in the first place.

- Peter Thiel

Technological advance seemed to accelerate automatically, so the Boomers grew up with great expectations but few specific plans for how to fulfill them.

- Peter Thiel

Statistics doesn’t work when the sample size is one.

- Peter Thiel

Demand is best measured in terms of spending. You know, I think in traditional economics, it’s a mistake to measure it in terms of the quantity of goods.

- Ray Dalio

If no mistake have you made, yet losing you are … a different game you should play.

- Yoda

Life is not divided into semesters. You don’t get summers off and very few employers are interested in helping you FIND YOURSELF. Do that on your own time.

- Bill Gates

Learn to say ‘no’ to the good so you can say ‘yes’ to the best.

- John C. Maxwell

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

- Elon Musk

We’ve had three big ideas at Amazon that we’ve stuck with for 18 years, and they’re the reason we’re successful: Put the customer first. Invent. And be patient.

- Jeff Bezos

On all open platforms, regardless of whether it’s Facebook or the Apple App Store, the largest segment is entertainment and games. It’s the largest revenue segment. And it’s the same for Tencent.

- Ma Huateng

Three classes of factors affect what an organization can and cannot do: its resources, its processes, and its values.

- Clayton M. Christensen

For all the supporters of Tesla over the years, and it’s been several years now and there have been some very tough times, I’d just like to say thank you very much. I deeply appreciate the support, particularly through the darkest times.

- Elon Musk

The constraint of 140 characters is easy to approach and consume, without a great deal of barriers to entry. One message and suddenly the whole world has access to that Tweet.

- Jack Dorsey

Purpose is a soft virtue — but it’s what gives you steel in your spine.

- Rich Karlgaard

It’s not like I’m anti-China. I just think it’s ridiculous that we allow them to do what they’re doing to this country, with the manipulation of the currency, that you write about and understand, and all of the other things that they do.

- Donald Trump

Berkshire’s record would have been terrible if Warren didn’t keep learning.

- Charlie Munger

Change isn’t made by asking permission. Change is made by asking forgiveness, later.

- Seth Godin

In the game of life, money is just how we keep score.

- Clay Clark

The way to be successful in the software world is to come up with breakthrough software, and so whether it’s Microsoft Office or Windows, its pushing that forward. New ideas, surprising the marketplace, so good engineering and good business are one in the same.

- Bill Gates

What’s interesting about Twitter and the influencers that someone follows – like, say, Shaquille O’Neal – is that they see someone who is using the exact same tools that they have access to, and I think that inspires this hope to be able to really engage with someone like him.

- Jack Dorsey

I strongly believe that missionaries make better products. They care more. For a missionary, it’s not just about the business. There has to be a business, and the business has to make sense, but that’s not why you do it. You do it because you have something meaningful that motivates you.

- Jeff Bezos

TV is a great big megaphone,” and when you can only afford to spend dozens of dollars acquiring a new customer, you need the biggest megaphone you can find.

- Peter Thiel

Today, if you want to access a typical out-of-print book, you have only one choice – fly to one of a handful of leading libraries in the country and hope to find it in the stacks.

- Sergey Brin

The good-to-great leaders never wanted to become larger-than-life heroes. They never aspired to be put on a pedestal or become unreachable icons. They were seemingly ordinary people quietly producing extraordinary results.

- James C. Collins

Starting isn’t like that. Starting something is not an event; it’s a series of events. You decide to walk to Cleveland. So you take a first step in the right direction. That’s starting. You spend the rest of the day walking toward Cleveland, one step at a time, picking your feet up and putting them down. At the end of the day, twenty miles later, you stop at a hotel. And what happens the next morning? Either you quit the project or you start again, walking to Cleveland. In fact, every step is a new beginning. Sure, you’re closer than you were yesterday or last week, but you’re still…

- Seth Godin

Theories, for me, are just about freeing your mind. It doesn’t mean the theory is going to work like a scientific theory works. It’s about freeing your mind and making you think a different way.

- Steve Martin

I refused to do a lot on mobile Internet until around 2009. But because we didn’t start early, it took us some time to figure out what’s the important thing, what’s the most relevant thing for Baidu.

- Robin Li

If the rate of change on the outside exceeds the rate of change on the inside, the end is near.

- Jack Welch

If you want to increase your success rate, double your failure rate.

- Thomas J Watson

We all know that there are these exemplars who can take the toughest students, and they’ll teach them two-and-a-half years of math in a single year.

- Bill Gates

Try to look at your weakness and convert it into your strength. That’s success.

- Zig Ziglar

If you’re not one or two in the market, you don’t make money. The market leaders make the money.

- Jack Welch

Medicine is the means by which we poor feeble creatures try to keep from dying or aching.

- P.T. Barnum

A woodpecker can tap twenty times on a thousand trees and get nowhere, but stay busy. Or he can tap twenty-thousand times on one tree and get dinner.

- Seth Godin

Consumers, we’re too busy to pay attention to advertising, but we’re desperate to find good stuff that solves our problems.

- Seth Godin

I am so disturbed by kids who spend all day playing videogames.

- Larry Ellison

The greatest mistake we make is living in constant fear that we will make one.

- John C. Maxwell

The companies that work are the ones that people really care about and have a vision for the world so do something you like.

- Mark Zuckerberg

Money is in some respects life’s fire: it is a very excellent servant, but a terrible master.

- P.T. Barnum

Don’t find customers for your products, find products for your customers.

- Seth Godin

Life is struggle.” I believe that within that quote lies the most important lesson in entrepreneurship: Embrace the struggle.

- Ben Horowitz

At the macro level, the single word for horizontal progress is globalization—taking things that work somewhere and making them work everywhere.

- Peter Thiel

All great programmers learn the same way. They poke the box. They code something and see what the computer does. They change it and see what the computer does. They repeat the process again and again until they figure out how the box works.

- Seth Godin

Competition is the keen cutting edge of business, always shaving away at costs.

- Henry Ford

I don’t believe in saturation. We’re thinking and talking worldwide.

- Ray Kroc

Good relations with the Wookiees, I have.

- Yoda

Be happy with who God made you to be, and quit wishing you were something different.

- Joel Olsteen

New information makes new and fresh ideas possible.

- Zig Ziglar

Oracle’s got 100+ enterprise applications live in the #cloud; today, SAP’s got nothin’ but SuccessFactors until 2020.

- Larry Ellison

My financial service business is the absolute best thing I have done to empower the poor. I run many charities and fight many political causes, but my financial service company is the greatest gift I’ve given.

- Russell Simmons

When you want to do your homework, fill out your tax return, or see all the choices for a trip you want to take, you need a full-size screen.

- Bill Gates

Indefinite attitudes to the future explain what’s most dysfunctional in our world today. Process trumps substance: when people lack concrete plans to carry out, they use formal rules to assemble a portfolio of various options. This describes Americans today. In middle school, we’re encouraged to start hoarding “extracurricular activities.” In high school, ambitious students compete even harder to appear omnicompetent. By the time a student gets to college, he’s spent a decade curating a bewilderingly diverse résumé to prepare for a completely unknowable future. Come what may, he’s ready—for nothing in particular.

- Peter Thiel

Canada sets aside 36 percent of their visas for people with skills they think their country needs. We set aside six percent. We educate the doctors, and then don’t give ’em a green card.

- Michael Bloomberg

In motivating people, you’ve got to engage their minds and their hearts. I motivate people, I hope, by example – and perhaps by excitement, by having productive ideas to make others feel involved.

- Rupert Murdoch

Opportunity does not knock, it presents itself when you beat down the door.

- Kyle Chandler

If any of my competitors were drowning, I’d stick a hose in their mouth

- Ray Kroc

If you want to reach a goal, you must ‘see the reaching’ in your own mind before you actually arrive at your goal.

- Zig Ziglar

A man convinced against his will Is of the same opinion still.

- Dale Carnegie

We are pleased to report the 33rd consecutive quarter of revenue and earnings growth. We are especially pleased with the balanced growth rate across almost all countries in both Europe and the Americas.

- John Chambers

Two metrics set the limits for effective distribution. The total net profit that you earn on average over the course of your relationship with a customer (Customer Lifetime Value, or CLV) must exceed the amount you spend on average to acquire a new customer (Customer Acquisition Cost, or CAC). In general, the higher the price of your product, the more you have to spend to make a sale—and the more it makes sense to spend it.

- Peter Thiel

Giving feels good, but it’s also good for the bottom line. Charity is a viable growth strategy for a lot ofcompanies. Our customers get excited to be a part of what we’re doing. If you ask anyone wearing Toms how they first heard about us, most won’t mention an advertisement; they’ll say a friend told them our story.

- Blake Mycoskie

I think it’s funny to be delicate with subjects that are explosive.

- Jerry Seinfeld

Self-disciplined begins with the mastery of your thoughts. If you don’t control what you think, you can’t control what you do. Simply, self-discipline enables you to think first and act afterward.

- Napoleon Hill

Answer me this: would you work harder to earn $100 or avoid losing $100? The smiley optimist says the former, but if research from the Center for Experimental Social Science at New York University is any indication, fear of loss is the home-run winner. Experimental groups given $15 and then told the $15 would be rescinded if they lost a subsequent auction routinely overbid the most. Groups offered $15 if they won weren’t nearly as committed.

- Timothy Ferriss

Today a grand plan coming from a schoolteacher would be dismissed as crankery, and a long-range vision coming from anyone more powerful would be derided as hubris.

- Peter Thiel

I think anything that requires real global breakthroughs requires a degree of intensity and sustained effort that cannot be done part time, so it’s something you have to do around the clock, and that doesn’t compute with our existing educational system.

- Peter Thiel

We’re all working together, that’s the secret.

- Sam Walton

Nonetheless, that know-how is often unmanageable. Avoidable failures are commmon and persistent, not to mention demoralizing and frustrating, across many fields – from medicine to finance, business to government. And the reason is increasingly evident: the volume and complexity of what we know has exceeded our individual ability to deliver its benefits correctly, safely, or reliably. Knowledge has both saved us and burdened us. That means we need a different strategy for overcoming failure, one that builds on experience and takes advantage of the knowledge people have but somehow also makes up for our inevitable human inadequacies. And there is such a strategy – though it will seem almost ridiculous in its simplicity, maybe even crazy to those of us who have spent years carefully developing ever more advanced skills and technologies. It is a checklist.

- Atul Gawande

Increasingly, the Chinese will own a lot more of the world because they will be converting their dollar reserves and U.S. government bonds into real assets.

- George Soros

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