Wal-Mart became Wal-Mart by ordinary people joined together to accomplish extraordinary things.
- Sam Walton
Notable Quotables
I found [retail] to be interesting, challenging, and fun.
- Michael Balmuth
IN A NUTSHELL FUNDAMENTAL TECHNIQUES IN HANDLING PEOPLE PRINCIPLE 1 Don’t criticize, condemn or complain. PRINCIPLE 2 Give honest and sincere appreciation. PRINCIPLE 3 Arouse in the other person an eager want.
- Dale Carnegie
Good executives never put off until tomorrow what they can get someone else to do today.
- John C. Maxwell
The biggest cowards are managers who don’t let people know where they stand.
- Jack Welch
Technology is an inherent democratizer. Because of the evolution of hardware and software, you’re able to scale up almost anything. It means that in our lifetime everyone may have tools of equal power.
- Sergey Brin
He who lives by the crystal ball will eat shattered glass.
- Ray Dalio
People who couldn’t fit into this informal and entreprenual environment left or were asked to leave. I cut my losses quickly on bad hires that didn’t perform.
- Jack Welch
Shareholder activism works when activists understand something about the characteristics of the business that the board doesn’t.
- Ben Horowitz
I’ve been blessed to find people who are smarter than I am, and they help me to execute the vision I have.
- Russell Simmons
30 MAJOR CAUSES OF FAILURE: – Napoleon Hill (on leadership and management)
- Napoleon Hill
I feel that people I trusted – I don’t know who, on what level – have let me down, and I think they have behaved disgracefully, and it’s for them to pay. And I think, frankly, that I’m the best person to see it through.
- Rupert Murdoch
We were always trying to look for people who could help us beyond what we were doing.
- Phil Knight
Yields will rise with prices, and this will generate steady income.
- Lee Shau Kee
That’s just $30 for two tickets. Racing is a family sport and we strive to make our tickets affordable for any families that want to come watch a race.
- Ed Clark
I think it’s fair to say that our distribution system today is the envy certainly of everyone in our industry, and in alot of others as well…We’ve spend almost $700 million builing up the current computer and satellite systems we have….You can’t generate sales unless you have the product there when the customer wants it.The math is pretty simple: if we both sell the same goods for the same price at retail, we’ll earn 2.5 percent more profit than they will right there.
- Sam Walton
They (the competition) need to avoid coming at us head-on, and do their own thing better than we do ours. It doesn’t make any sense to try to underprice Wal-Mart (DJC) on something like toothpaste (DJ Prices). That’s not what the customer is looking to a small store for anyway. Most independents are best off, I think, doing what I prided myself on doing for many years as a storekeeper, getting out on the floor and meeting everyone of the customers. Let them know how much you appreciate them, and ring that cash register yourself. That little personal touch is so important for an independent merchant because no matter how hard Wal-Mart tries to duplicate – and we try awfully hard – we can’t really do it.
- Sam Walton
Rich is my word for someone who can afford to make choices, who has enough resources to do more than merely survive.
- Seth Godin
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 think God gives every one of us our own will, and unfortunately, some people choose to do evil things with it.
- Joel Olsteen
Art isn’t only a painting; it’s anything that changes someone for the better, any nonanonymous interaction that leads to a human (not simply a commercial) conclusion.
- Seth Godin
I sold my most valuable possession, but I knew that because I worked at Hewlett Packard, I could buy the next model calculator the very next month for a lower price than I sold the older one for!
- Steve Wozniak
Man was designed for accomplishment, engineered for success, and endowed with the seeds of greatness.
- Zig Ziglar
Law of Clarity – If you can’t explain what you sell to a ten-year old child then you don’t know what you sell.
- Jerry Vass
The Western world loves liberalisation, provided it doesn’t affect them.
- Azim Premji
There is no such thing as public opinion. There is only published opinion.
- Winston Churchill
One has to live with the fact that some corporate decisions are going to be wrong. As long as most of the decisions are right.
- Michael Otto
don’t talk about the way you are. Talk about the way you want to be.
- Joel Olsteen
Consider the trivial but revealing hallmarks of urban hipsterdom: faux vintage photography, the handlebar mustache, and vinyl record players all hark back to an earlier time when people were still optimistic about the future. If everything worth doing has already been done, you may as well feign an allergy to achievement and become a barista.
- Peter Thiel
Time management is an oxymoron. Time is beyond our control, and the clock keeps ticking regardless of how we lead our lives. Priority management is the answer to maximizing the time we have.
- John C. Maxwell
10,000 years of fitful advance from primitive agriculture to medieval windmills and 16th-century astrolabes, the modern world suddenly experienced relentless technological progress from the advent of the steam engine in the 1760s all the way up to about 1970.
- Peter Thiel
See, when you drive home today, you’ve got a big windshield on the front of your car. And you’ve got a little bitty rearview mirror. And the reason the windshield is so large and the rearview mirror is so small is because what’s happened in your past is not near as important as what’s in your future.
- Joel Olsteen
And because no matter who you are, if you believe in yourself and your dream, New York will always be the place for you.
- Michael Bloomberg
True leadership cannot be awarded, appointed or assigned. It comes only from influence, and that can’t be mandated. It must be earned. The only thing that a title can buy is a little time.
- Napoleon Hill
The cost of praising someone is nil – but every psychological study shows the payoff is huge.
- Harvey Mackay
I would have never wanted to write another management book. There are so many of them, and everybody says the same thing about them, and they are all the same – they give the exact same advice. It’s like a diet book; they all say eat less calories, exercise more, and every single book has the same conclusion.
- Ben Horowitz
Video is emerging as the key strategic application in the service provider triple play bundle of consumer entertainment, communication and online services.
- John Chambers
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
The growth of an enterprise is no different from the self-improvement of human beings. It is a step-by-step procedure and an ever-lasting course of improvement, which requires staying in line with the era and taking up social responsibility.
- Cheng Yu-tung
Nothing can be more abhorrent to democracy than to imprison a person or keep him in prison because he is unpopular. This is really the test of civilization.
- Winston Churchill
Experience has taught me,” says Sam Wood, that it is safest to drop, as quickly as possible, people who pretend to be what they aren’t.
- Dale Carnegie
I think I meant that, given the circumstances of my childhood, I had the illusion that it’s easier to be alone. To have your relationships be casual and also to pose as a solitary person, because it was more romantic. You know, I was raised on the idea of the ramblin’ man and the loner.
- Steve Martin
These two chefs will play an important role in managing the company’s growing appetites.
- Sergey Brin
Although it’s admirable to be ambitious and hard-working, it’s more desirable to be smart-working.
- John C. Maxwell
If you are satisfied with the results you are now getting, why change? If you are not satisfied, why not experiment?
- Dale Carnegie
What’s amazing is, if young people understood how doing well in school makes the rest of their life so much interesting, they would be more motivated. It’s so far away in time that they can’t appreciate what it means for their whole life.
- Bill Gates
Count your blessings. Once you realize how valuable you are and how much you have going for you, the smiles will return, the sun will break out, the music will play, and you will finally be able to move forward the life that God intended for you with grace, strength, courage, and confidence.
- Og Mandino
I do not follow conventional wisdom.
- Phil Knight
That old law about ‘an eye for an eye’ leaves everybody blind. The time is always right to do the right thing.
- Martin Luther King Jr.
From the economic slowdown after the financial crisis in 1997 through the economic boom in 2007, the motherland has been supporting Hong Kong in recovering from adversity; on the other hand, Hong Kong has been actively cooperating with the motherland in going international.
- Cheng Yu-tung
America is the spirit of human exploration distilled.
- Elon Musk
Don’t be trapped by dogma — which is living with the results of other people’s thinking.
- Steve Jobs
Beverages have to be created. And they’re created by looking at what trend is in, say, the fashion industry – what color’s hot right now.
- Howard Schultz
To be Jedi is to face the truth, and choose. Give off light, or darkness, Padawan. Be a candle, or the night.
- Yoda
I really don’t think in the past. I sit down with many friends at dinner, and they like to talk about the good old days. I’m respectful of the good old days, but I find myself spending very little time reminiscing. I’m really looking forward.
- Donald Bren
What we expect with confidence becomes our own self-fulfilling prophecy.
- Brian Tracy
There’s a finite market for DVD-by-mail, and the growth over the next 10 years will be in streaming.
- Reed Hastings
I do think there is a lot of potential if you have a compelling product and people are willing to pay a premium for that. I think that is what Apple has shown. You can buy a much cheaper cell phone or laptop, but Apple’s product is so much better than the alternative, and people are willing to pay that premium.
- Elon Musk
God accepts you. God approves you. And He has something better in store.
- Joel Olsteen
In business, money is either an important thing or it is everything.
- Peter Thiel
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
In business, the idea of measuring what you are doing, picking the measurements that count like customer satisfaction and performance… you thrive on that.
- Bill Gates
But if you expect an indefinite future ruled by randomness, you’ll give up on trying to master it.
- Peter Thiel
I give away something up to $500 million a year throughout the world promoting Open Society. My foundations support people in the country who care about an open society. It’s their work that I’m supporting. So it’s not me doing it.
- George Soros
When you marry operating excellence with innovation, you multiply the value of your creativity.
- James C. Collins
I’m a greater believer in luck, and I find the harder I work the more I have of it.
- Thomas Jefferson
Most people want to avoid pain, and discipline is usually painful.
- John C. Maxwell
The hazards of imitative competition may partially explain why individuals with an Asperger’s-like social ineptitude seem to be at an advantage in Silicon Valley today.
- Peter Thiel
We used to think that everything started in the lab. Now we realize that everything spins off the consumer.
- Phil Knight
Projects undreamed of by past generations will absorb our immediate descendants, comforts, activities, amenities, pleasures will crowd upon them, but their hearts will ache and their lives will be barren, if they have not a vision above material things.
- Winston Churchill
Woody’s Allen’s great line about relationships. A relationship is like a shark, it either has to move forward or it dies. And that’s true about your company.
- Larry Ellison
If you don’t have ambition, you should not be alive.
- Aliko Dangote
I think my greatest moment in business was when the first Southwest airplane arrived after four years of litigation, and I walked up to it and I kissed that baby on the lips and I cried.
- Herb Kelleher
Only God can look at somebody’s heart.
- Joel Olsteen
Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity.
- Martin Luther King Jr.
Gentlemen, I take it we are all in complete agreement on the decision here.” Everyone around the table nodded assent. “Then,” continued Mr. Sloan, “I propose we postpone further discussion of this matter until our next meeting to give ourselves time to develop disagreement and perhaps gain some understanding of what the decision is all about.
- Peter Drucker
Only men of character are trusted.
- Zig Ziglar
You must focus on WIN. What’s important now.
- Lee Cockerell
To get rich is glorious. So is helping poor farmers.
- Dhanin Chearavanont
Success is a lousy teacher. It seduces smart people into thinking they can’t lose.
- Bill Gates
Instead of choosing to focus in the liability column, I chose to focus in the asset column.
- Robert Kiyosaki
One definition of hope is happy anticipation of something good.
- Joel Olsteen
Ridiculous yachts and private planes and big limousines wont make people enjoy life more, and it sends out terrible messages to the people who work for them. It would be so much better if that money was spent in Africa and its about getting a balance.
- Richard Branson
The prevailing low mortgage rate, reasonable affordability and the low completion volumes for private-residential units in the coming few years should lend support to the local residential property market.
- Lee Shau Kee
There is no class so pitiably wretched as that which possesses money and nothing else.
- Andrew Carnegie
So now, having learned from machines, organizations are applying the same logic to people. Letting people in the organization use their best judgment turns out to be faster and cheaper—but only if you hire the right people and reward them for having the right attitude.
- Seth Godin
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
All you can do is every day, try to solve a problem and make your company better. You can’t worry about it, you can’t panic when you look at the stock market’s decline. You get frozen like a deer in the headlights. All you can do is all you can do.
- Larry Ellison
If we’re going to have any chance of sending stuff to other star systems, we need to be laser-focused on becoming a multi-planet civilisation.
- Elon Musk
During the past financial year, development properties sold by the Group amounted to approximately HK$3,592 million in total attributable sales proceeds, representing around 1,700 units…
- Lee Shau Kee
Just because something doesn’t do what you planned it to do doesn’t mean it’s useless.
- Thomas Edison
Every university believes in “excellence,” and hundred-page course catalogs arranged alphabetically according to arbitrary departments of knowledge seem designed to reassure you that “it doesn’t matter what you do, as long as you do it well.” That is completely false. It does matter what you do. You should focus relentlessly on something you’re good at doing, but before that you must think hard about whether it will be valuable in the future.
- Peter Thiel
Passion isn’t project-specific. It’s people-specific.
- Seth Godin
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
The only question with wealth is, what do you do with it?
- John D. Rockefeller
P – Passion, you care about the team, passion and players
- Jack Welch
The breadth and maturity of our own businesses is allowing us to weather the prevailing storms.
- Cheng Yu-tung
Study, along the lines which the theologies have mapped, will never lead us to discovery of the fundamental facts of our existence. That goal must be attained by means of exact science and can only be achieved by such means. The fact that man, for ages, has superstitiously believed in what he calls a God does not prove at all that his theory has been right. There have been many gods – all makeshifts, born of inability to fathom the deep fundamental truth. There must be something at the bottom of existence, and man, in ignorance, being unable to discover what it is through reason, because his reason has been so imperfect, undeveloped, has used, instead, imagination, and created figments, of one kind or another, which, according to the country he was born in, the suggestions of his environment, satisfied him for the time being. Not one of all the gods of all the various theologies has ever really been proved. We accept no ordinary scientific fact without the final proof; why should we, then, be satisfied in this most mighty of all matters, with a mere theory?Destruction of false theories will not decrease the sum of human happiness in future, any more than it has in the past… The days of miracles have passed. I do not believe, of course, that there was ever any day of actual miracles. I cannot understand that there were ever any miracles at all. My guide must be my reason, and at thought of miracles my reason is rebellious. Personally, I do not believe that Christ laid claim to doing miracles, or asserted that he had miraculous power…Our intelligence is the aggregate intelligence of the cells which make us up. There is no soul, distinct from mind, and what we speak of as the mind is just the aggregate intelligence of cells. It is fallacious to declare that we have souls apart from animal intelligence, apart from brains. It is the brain that keeps us going. There is nothing beyond that.Life goes on endlessly, but no more in human beings than in other animals, or, for that matter, than in vegetables. Life, collectively, must be immortal, human beings, individually, cannot be, as I see it, for they are not the individuals – they are mere aggregates of cells.There is no supernatural. We are continually learning new things. There are powers within us which have not yet been developed and they will develop. We shall learn things of ourselves, which will be full of wonders, but none of them will be beyond the natural.
- Thomas Edison
A strategy is something like, an innovative new product; globalization, taking your products around the world; be the low-cost producer. A strategy is something you can touch; you can motivate people with; be number one and number two in every business. You can energize people around the message.
- Jack Welch
We started with this very simple idea
- Jack Dorsey
