We’ve used up a lot of bullets. And we talk about stimulus. But the truth is, we’re running a federal deficit that’s 9 percent of GDP. That is stimulative as all get out. It’s more stimulative than any policy we’ve followed since World War II.
- Warren Buffett
Notable Quotables
Of course I needed somebody to run my new store, and I didn’t have much money, so I did something that I would do for the rest of my run in the retail business without any shame or embarrassment whatsoever: nose around other people’s stores searching for good talent. That’s when I made my first real hire, the first manager, Willard Walker.
- Sam Walton
We’ve all been guilty at one point or another in our careers of boasting of perfect hindsight. It’s a terrible sin. If you don’t make sure your questions and concerns are acted upon, it doesn’t count.
- Jack Welch
During this time I learned the most important rule of raising money privately: Look for a market of one. You only need one investor to say yes, so it’s best to ignore the other thirty who say “no.”
- Ben Horowitz
I am not interested in power for power’s sake, but I’m interested in power that is moral, that is right and that is good.
- Martin Luther King Jr.
My favorite writers are all Jews – David, Solomon, Matthew, Mark – well, you get the picture.
- Zig Ziglar
This is a very important lesson. You must never confuse faith that you will prevail in the end—which you can never afford to lose—with the discipline to confront the most brutal facts of your current reality, whatever they might be.
- James C. Collins
The outside perception and inside perception of Microsoft are so different. The view of Microsoft inside Microsoft is always kind of an underdog thing.
- Bill Gates
All the great things are simple, and many can be expressed in a single word: freedom, justice, honor, duty, mercy, hope.
- Winston Churchill
…Treasure what it means to do a day’s work. It’s our one and only chance to do something productive today, and it’s certainly not available to someone merely because he is the high bidder. A day’s work is your chance to do art, to create a gift, to do something that matters. As your work gets better and your art becomes more important, competition for your gifts will increase and you’ll discover that you can be choosier about whom you give them to.
- Seth Godin
Essentially, whoever is successful, whoever is going to do things that make a difference, is going to be talked about.
- Mukesh Ambani
All the adversity I’ve had in my life, all my troubles and obstacles, have strengthened me… You may not realize it when it happens, but a kick in the teeth may be the best thing in the world for you.
- Walt Disney
Breathe. Let go. And remind yourself that this very moment is the only one you know you have for sure.
- Oprah Winfrey
Without the computer, Sam Walton could not have done what he’s done. HE could not have built it. He’s done a lot of other things right too, but he could have done it without the computer,. It would have been possible.
- Abe Marks
Certainly, we continue to bring in new people. We’ll hire, net new, over 4,000 people this year, and attract great people into the company. I’m very bullish about the employee base and what it can accomplish.
- Steve Ballmer
[On stopping working and focussing 100% on his company Nike] I was still teaching accounting, but the next year, I told Penny [married in 1968] if we sell $300,000 worth of product, I’m going to go full-time. She was pregnant and a little anxious. We hit $290,000. I said, that ‘s close enough.
- Phil Knight
Hong Kong still offers the best value.
- Lee Shau Kee
Hatred is never ended by hatred but by love.
- Buddha
It is always important that we have transparency, that we have shareholder protection. Then again, I think it is important that there are not so many regulations that management can’t make a decision without asking a lawyer whether he can do it.
- Michael Otto
My mom and my dad were both very sociable, meeting lots of interesting people.
- Bill Gates
Flying cars are not a very efficient way to move things from one point to another.
- Bill Gates
Reaching the top is a monumental achievement, but remaining there may be the most spectacular feat of all.
- John C. Maxwell
Some of us learn from other people’s mistakes and the rest of us have to be other people.
- Zig Ziglar
When we had seventy-five stores in Arkansas, seventy-five in Missouri, eighty in Oklahoma, whatever, people knew who we were, and everybody except the merchants who weren’t discounting looked forward to our coming to their town.
- Sam Walton
There’s a belief that you’re supposed to be poor, and suffering, and show your humility. I just don’t see the Bible that way. I see that God came and Jesus died so that we might live an abundant life and be a blessing to others.
- Joel Olsteen
Get the right people on the bus, the wrong people off the bus, and the right people in the right seats.
- Jim Collins
When the war of the giants is over the wars of the pygmies will begin.
- Winston Churchill
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
Most people have bosses who hire them to fill a slot in the work chart and to do what they are told. And most people who are doing what they are told feel safe, it feels reliable.
- Seth Godin
I care about our employees more than anybody in my company. I care about my kids, too, but that doesn’t mean I give them everything that they want.
- Charles Ergen
I think what’s happening for me, it’s fun to see other things besides Facebook and Twitter take hold. The maturity of Tumblr as a real player is exciting. I think Pinterest has proved to be a major player. It’s fun to see Instagram become a major player. It’s fun to watch things like SnapChat, and Vine, try to vie to be the next thing.
- Gary Vaynerchuk
Most of the fans have ideas about their perfect phone. But many of them can’t do it because building a phone is tough. So they would give us feedback about the features that they think should be included in our next model. And if we incorporated that in our new phone, they will share the good news with their friends.
- Lei Jun
Blacksmiths sometimes twist a rope tight around the nose of a horse, and by thus inflicting a little pain they distract his attention from the shoeing process. One way to get air out of a glass is to pour in water. Be Absorbed by Your Subject.
- Dale Carnegie
The goal is to be able to live your life the way Michael Jordan played basketball, or Marvin Gaye sang a song. To be able to feel the way you feel when you laugh at a joke, but to feel that way all the time.
- Russell Simmons
Cleantech shows the result: hundreds of undifferentiated products all in the name of one overbroad goal.
- Peter Thiel
I’m just preparing my impromptu remarks.
- Winston Churchill
I believe the government of the United States should re-examine its policies in the Middle East and adopt a more balanced stance toward the Palestinian cause.
- Prince Al Waleed Bin Talal Alsaud
I never wanted to be an entrepreneur. I actually wanted to be Bruce Lee.
- Jack Dorsey
No part of the education of a politician is more indispensable than the fighting of elections.
- Winston Churchill
The best way to be missed when you’re gone,Is to stand for something when you’re here.
- Seth Godin
We are currently not planning on conquering the world.
- Sergey Brin
We have to innovate for a specific reason, and that reason comes from the market. Otherwise, we’ll end up making museum pieces.
- Phil Knight
When the PC was launched, people knew it was important.
- Bill Gates
If it’s set up in such a way that it breaks the conditionality required by the (International Monetary Fund), I think that would be a step backward.
- John Chambers
Bush’s war in Iraq has done untold damage to the United States. It has impaired our military power and undermined the morale of our armed forces. Our troops were trained to project overwhelming power. They were not trained for occupation duties.
- George Soros
You are here today because of a decision you made yesterday.
- Bryan Smith
Think global, but start local.
- Jack Nadel
We would betray our values and play into our enemies’ hands if we were to treat Muslims differently than anyone else. In fact, to cave to popular sentiment would be to hand a victory to the terrorists, and we should not stand for that.
- Michael Bloomberg
a greater way. Take a few minutes every day to dream big dreams; close your eyes, and envision your dreams coming to pass. Envision yourself out of debt. Envision yourself breaking that addiction. Envision your marriage being more fulfilled. Envision yourself rising to new levels in your career. If you can establish that picture in your heart and mind, then God can begin to bring it to pass in your life.
- Joel Olsteen
We’re running the most dangerous experiment in history right now, which is to see how much carbon dioxide the atmosphere… can handle before there is an environmental catastrophe.
- Elon Musk
I’m going to save my public voice largely for the issues where I have some depth.
- Bill Gates
Treasure the love you receive above all. It will survive long after your good health has vanished.
- Og Mandino
confusion is the main cause of worry.
- Dale Carnegie
I think of myself more as a sportsman than I do an artist.
- Jerry Seinfeld
If the rate of change on the outside exceeds the rate of change on the inside, the end is near.
- Jack Welch
Backed by our conviction, we remain committed to investing wholeheartedly to improve the people’s living conditions, regardless of all uncertainties.
- Cheng Yu-tung
Outside of your relationship with God, the most important relationship you can have is with yourself. I don’t mean that we are to spend all our time focused on me, me, me to the exclusion of others. Instead, I mean that we must be healthy internally—emotionally and spiritually—in order to create healthy relationships with others. Motivational pep talks and techniques for achieving success are useless if a person is weighed down by guilt, shame, depression, rejection, bitterness, or crushed self-esteem. Countless marriages land on the rocks of divorce because unhealthy people marry thinking that marriage, or their spouse, will make them whole. Wrong. If you’re not a healthy single person you won’t be a healthy married person. Part of God’s purpose for every human life is wholeness and health. I love the words of Jesus in John 10:10: “I came that they may have life, and have it abundantly.” God knows we are the walking wounded in this world and He wants the opportunity to remove everything that limits us and heal every wound from which we suffer. Some wonder why God doesn’t just “fix” us automatically so we can get on with life. It’s because He wants our wounds to be our tutors to lead us to Him. Pain is a wonderful motivator and teacher! When the great Russian intellectual Aleksandr Solzhenitsyn was released from the horrible Siberian work camp to which he was sent by Joseph Stalin, he said, “Thank you, prison!” It was the pain and suffering he endured that caused his eyes to be opened to the reality of the God of his childhood, to embrace his God anew in a personal way. When we are able to say thank you to the pain we have endured, we know we are ready to fulfill our purpose in life. When we resist the pain life brings us, all of our energy goes into resistance and we have none left for the pursuit of our purpose. It is the better part of wisdom to let pain do its work and shape us as it will. We will be wiser, deeper, and more productive in the long run. There is a great promise in the New Testament that says God comes to us to comfort us so we can turn around and comfort those who are hurting with the comfort we have received from Him (see 2 Corinthians 1:3–4). Make yourself available to God and to those who suffer. A large part of our own healing comes when we reach out with compassion to others.
- Zig Ziglar
You know you are on the road to success if you would do your job, and not be paid for it.
- Oprah Winfrey
We are interested in any sector with good growth potential.
- Dhanin Chearavanont
At the age of 30, one can overcome difficulties. By the age of 40, one has thorough appreciation of and insights into the world and becomes firmly self-assured without being carried away by all those irregularities in life.
- Cheng Yu-tung
The bigger we get as a company, the more important it becomes for us to shift responsibility and authority toward the front lines, toward the department manager who’s stocking the shelves and talking to the customer. When we were much smaller, I probably wasn’t as quick to catch on to this idea as I do should have been. But as an avid student of management theory, back in the mid-seventies I started reading the work of W. Edwards Deming, the famous statistician who taught so much to the Japanese about improving their productivity and competitiveness.
- Sam Walton
It isn’t what you have or who you are or where you are or what you are doing that makes you happy or unhappy. It is what you think about it.
- Dale Carnegie
We have secured the rigs necessary to complete our program, a program that focuses on more development activity and less risk. The current forecasted activity level calls for 391 wells, with increased activity in each region including expanded drilling on each of the acquisition plays purchased in 2005.
- Dan Dinges
Self-driving cars are the natural extension of active safety and obviously something we should do.
- Elon Musk
Isn’t it funny how babies laugh a lot? I read a toddler, a young child laughs 300 times a day. The average adult laughs, like, four times a day. God put it in them. He put the laugh in us, but I think sometimes we let life get us down, you know, have bad breaks, and we lose our breaks.
- Joel Olsteen
The successful leader must be willing to assume responsibility for the mistakes and the shortcomings of his followers. If he tries to shift this responsibility he will not remain the leader. If one of his followers makes a mistake or proves to be incompetent, the leader must consider that it is he who failed.
- Napoleon Hill
Now that I have called you on your false accusation, you are using additional smear tactics.
- George Soros
Somehow over the years people have gotten the impression that Wal-Mart was… just this great idea that turned into an overnight success. But…it was an outgrowth of everything we’d been doing since [1945]…. And like most overnight successes, it was about twenty years in the making.
- James C. Collins
I don’t like to look back, and I’m always worried about the next thing rather than resting on the laurels or the degradations of the last thing.
- Steve Martin
One can steal ideas, but no one can steal execution or passion.
- Timothy Ferriss
Google’s motto—“Don’t be evil”—is in part a branding ploy, but it’s also characteristic of a kind of business that’s successful enough to take ethics seriously without jeopardizing its own existence.
- Peter Thiel
Our business is about technology, yes. But it’s also about operations and customer relationships.
- Michael Dell
The indefiniteness of finance can be bizarre. Think about what happens when successful entrepreneurs sell their company. What do they do with the money? In a financialized world, it unfolds like this: • The founders don’t know what to do with it, so they give it to a large bank. • The bankers don’t know what to do with it.
- Peter Thiel
New information makes new and fresh ideas possible.
- Zig Ziglar
People use so much more health care when they live longer.
- Michael Bloomberg
Americans who travel abroad for the first time are often shocked to discover that, despite all the progress that has been made in the last 30 years, many foreign people still speak in foreign languages.
- Dave Barry
Out the right product is the innovator’s job, not the customer’s job.
- Ben Horowitz
We are in the throes of a transition where every publication has to think of their digital strategy.
- Bill Gates
I have always regarded Paine as one of the greatest of all Americans. Never have we had a sounder intelligence in this republic … It was my good fortune to encounter Thomas Paine’s works in my boyhood … it was, indeed, a revelation to me to read that great thinker’s views on political and theological subjects. Paine educated me, then, about many matters of which I had never before thought. I remember, very vividly, the flash of enlightenment that shone from Paine’s writings, and I recall thinking, at that time, ‘What a pity these works are not today the schoolbooks for all children!’ My interest in Paine was not satisfied by my first reading of his works. I went back to them time and again, just as I have done since my boyhood days.
- Thomas Edison
The thing that I’m most passionate about, I’m writing a book called ‘Jab Jab Jab Jab Jab Right Hook,’ and it really focuses on how to story-tell in a noisy, ADD world.
- Gary Vaynerchuk
Complaints are your best learning opportunity
- Bill Gates
Appreciate everything your associates do for the business.
- Sam Walton
Self-control – the man who cannot control himself can never control others. Self-control sets a mighty example for one’s followers, which the more intelligent will emulate.
- Napoleon Hill
I use the iPhone and iPad every day, and I no longer touch PCs at all.
- Masayoshi Son
There’s nothing – I’ve bought everything I want. I don’t like yachts or anything; you know, I’m not a yacht person, and I’ve got pretty much the nicest plane I’d want to have.
- Elon Musk
Nothing sedates rationality like large doses of effortless money
- Warren Buffett
You will never become a category of one if you run with the pack.
- Seth Godin
If I could drink only one wine, it would be Champagne.
- Gary Vaynerchuk
Change is the price of progress.
- Napoleon Hill
If Vancouver did not succeed as Starbucks from ’87 on, our entire international business, which is now thousands of stores and a significant amount of growth and profit, may not have existed.
- Howard Schultz
When I was growing up my dad would encourage my brother and me to fail. We would be sitting at the dinner table and he would ask, so what did you guys fail at this week? If we didn’t have something to contribute, he would be disappointed. When I did fail at something, he’d high-five me. What I didn’t realize at the time was that he was completely reframing my definition of failure at a young age. To me, failure means not trying; failure isn’t the outcome. If I have to look at myself in the mirror and say, I didn’t try that because I was scared, that is failure.
- Sara Blakely
If you’re competitor-focused, you have to wait until there is a competitor doing something. Being customer-focused allows you to be more pioneering.
- Jeff Bezos
For the first time we’re allowing developers who don’t work at Facebook to develop applications just as if they were. That’s a big deal because it means that all developers have a new way of doing business if they choose to take advantage of it. There are whole companies that are forming whose only product is a Facebook Platform application.
- Mark Zuckerberg
Throughout this quarter of a century, the entrepreneurial outlook, versatility and vision of our employees have remained the crucial elements of our success…
- Cheng Yu-tung
I hate how many people think “glass half-empty” when their glass is really four-fifths full. I’m grateful when I have one drop in the glass because I know exactly what to do with it.
- Gary Vaynerchuk
I am concerned about any attrition in customer traffic at Starbucks, but I don’t want to use the economy, commodity prices or consumer confidence as an excuse. We must maintain a value proposition to our customers as well as differentiate the Starbucks Experience. That is the key.
- Howard Schultz
I was never the smartest guy in the room. From the first person I hired, I was never the smartest guy in the room. And that’s a big deal. And if you’re going to be a leader – if you’re a leader and you’re the smartest guy in the world – in the room, you’ve got real problems.
- Jack Welch
When companies fail, or fail to grow, it’s almost always because they don’t invest in the people, the systems, and the processes they need.
- Howard Schultz
Sheepwalking I define “sheepwalking” as the outcome of hiring people who have been raised to be obedient and giving them a brain-dead job and enough fear to keep them in line. You’ve probably encountered someone who is sheepwalking. The TSA “screener” who forces a mom to drink from a bottle of breast milk because any other action is not in the manual. A “customer service” rep who will happily reread a company policy six or seven times but never stop to actually consider what the policy means. A marketing executive who buys millions of dollars’ worth of TV time even though she knows it’s not working—she does it because her boss told her to. It’s ironic but not surprising that in our age of increased reliance on new ideas, rapid change, and innovation, sheepwalking is actually on the rise. That’s because we can no longer rely on machines to do the brain-dead stuff. We’ve mechanized what we could mechanize. What’s left is to cost-reduce the manual labor that must be done by a human. So we write manuals and race to the bottom in our search for the cheapest possible labor. And it’s not surprising that when we go to hire that labor, we search for people who have already been trained to be sheepish. Training a student to be sheepish is a lot easier than the alternative. Teaching to the test, ensuring compliant behavior, and using fear as a motivator are the easiest and fastest ways to get a kid through school. So why does it surprise us that we graduate so many sheep? And graduate school? Since the stakes are higher (opportunity cost, tuition, and the job market), students fall back on what they’ve been taught. To be sheep. Well-educated, of course, but compliant nonetheless. And many organizations go out of their way to hire people that color inside the lines, that demonstrate consistency and compliance. And then they give these people jobs where they are managed via fear. Which leads to sheepwalking. (“I might get fired!”) The fault doesn’t lie with the employee, at least not at first. And of course, the pain is often shouldered by both the employee and the customer. Is it less efficient to pursue the alternative? What happens when you build an organization like W. L. Gore and Associates (makers of Gore-Tex) or the Acumen Fund? At first, it seems crazy. There’s too much overhead, there are too many cats to herd, there is too little predictability, and there is way too much noise. Then, over and over, we see something happen. When you hire amazing people and give them freedom, they do amazing stuff. And the sheepwalkers and their bosses just watch and shake their heads, certain that this is just an exception, and that it is way too risky for their industry or their customer base. I was at a Google conference last month, and I spent some time in a room filled with (pretty newly minted) Google sales reps. I talked to a few of them for a while about the state of the industry. And it broke my heart to discover that they were sheepwalking. Just like the receptionist at a company I visited a week later. She acknowledged that the front office is very slow, and that she just sits there, reading romance novels and waiting. And she’s been doing it for two years. Just like the MBA student I met yesterday who is taking a job at a major packaged-goods company…because they offered her a great salary and promised her a well-known brand. She’s going to stay “for just ten years, then have a baby and leave and start my own gig.…” She’ll get really good at running coupons in the Sunday paper, but not particularly good at solving new problems. What a waste. Step one is to give the problem a name. Done. Step two is for anyone who sees themselves in this mirror to realize that you can always stop. You can always claim the career you deserve merely by refusing to walk down the same path as everyone else just because everyone else is already doing it.
- Seth Godin
Since belief determines behavior, doesn’t it make sense that we should be teaching ethical, moral values in every home and in every school in America?
- Zig Ziglar