Notable Quotables

Praise is like sunlight to the warm human spirit; we cannot flower and grow without it. And yet, while most of us are only too ready to apply to others the cold wind of criticism, we are somehow reluctant to give our fellow the warm sunshine of praise.

- Dale Carnegie

It is no use saying, ‘We are doing our best.’ You have got to succeed in doing what is necessary.

- Winston Churchill

Nobody wanted to gamble on that first Wal-Mart. I think Bud put in 3 percent, and Don Whitaker – whom I had hired to manage the store from TG&Y store out in Abilene, Texas, and I had to put up 95 percent of the dollars. Helen and I had to sign all the notes along with me, and her statement allowed us to borrow more than I could alone. We pledges houses and property, everything we had.. But in those days we were always borrowed to the hilt. We were about to go into the discount business for real now. And from the time those doggone Wal-Marts opened until almost today, it has been a little challenging.

- Sam Walton

The best entrepreneurs know this: every great business is built around a secret that’s hidden from the outside. A great company is a conspiracy to change the world; when you share your secret, the recipient becomes a fellow conspirator.

- Peter Thiel

Socialism needs to pull down wealth; liberalism seeks to raise up poverty. Socialism would destroy private interests, Liberalism would preserve [them] … by reconciling them with public right. Socialism would kill enterprise; Liberalism would rescue enterprise from the trammels of privilege and preference. Socialism assails the preeminence of the individual; Liberalism seeks … to build up a minimum standard for the mass. Socialism exalts the rule; Liberalism exalts the man. Socialism attacks capitalism; Liberalism attacks monopoly.

- Winston Churchill

The reason I was able to grow my business was that every day, after producing 30 minutes of wine television, I spent 15 hours a day replying to every single person’s e-mail and every single person’s Twitter @ reply.

- Gary Vaynerchuk

In the next two to three years there will probably be only three to five players in this area. The chances to gain or lose market share are exciting.

- John Chambers

With the addition of these volumes, our Gulf Coast region is off to a good start for 2006 in its effort to grow its production. Combined, all regions are now showing growth in both production and reserves which is very attractive, especially considering the organic strategy on which we have predominately focused.

- Dan Dinges

I’ve always been fascinated by cities and how they work. And I taught myself how to program so I can understand how the city works.

- Jack Dorsey

My blogging life is basically goalless. I like the zen nature of that, and paradoxically, it improves results.

- Seth Godin

I know of nothing more despicable and pathetic than a man who devotes all the hours of the waking day to the making of money for money’s sake.

- John D. Rockefeller

Success in the United States is not an entitlement in China. You have to go there and earn it, and earn it the right way.

- Howard Schultz

Do not wait; the time will never be just right. Start where you stand, and work with whatever tools you may have at your command, and better tools will be found as you go along.

- Napoleon Hill

As long as a person doesn’t know what he doesn’t know, he doesn’t grow.

- John Maxwell

A prisoner of war is a man who tries to kill you and fails, and then asks you not to kill him.

- Winston Churchill

Lose money for the firm and I will be understanding. Lose a shred of reputation and I will be ruthless.

- Warren Buffett

If you will focus on meeting other people’s needs, God will always make sure your needs are supplied. God will take care of your problems for you.

- Joel Olsteen

War metaphors invade our everyday business language: we use headhunters to build up a sales force that will enable us to take a captive market and make a killing. But really it’s competition, not business, that is like war:

- Peter Thiel

I feel there’s an existential angst among young people. I didn’t have that. They see enormous mountains, where I only saw one little hill to climb.

- Sergey Brin

This is like the Six Sigma approach to quality. Six Sigma refers to the quest for continuous improvement, ultimately leading to 3.4 defects per million units. The problem is that once you’re heading down this road, there’s no room left for amazing improvements and remarkable innovations. Either you rolled ten strikes or you didn’t. Organizations that earn dramatic success always do it in markets where asymptotes don’t exist, or where they can be shattered. If you could figure out how to bowl 320, that would be amazing. Until that happens, pick a different sport if you want to be a linchpin.

- Seth Godin

In taking Dell private, we plan to go back to our roots, focusing on the entrepreneurial spirit that made Dell one of the fastest-growing and most successful companies in history.

- Michael Dell

The era of procrastination, of half-measures, of soothing and baffling expedients, of delays is coming to its close. In its place we are entering a period of consequences.

- Winston Churchill

Young people, when they’re left alone, always want to have compassion, and they always want to give. They always want to help people who are less fortunate.

- Russell Simmons

I believe social responsibility begins with a strong, competitive company. Only a healthy enterprise can improve and enrich the lives of people and their communities.

- Jack Welch

If you go on with this nuclear arms race, all you are going to do is make the rubble bounce.

- Winston Churchill

If you have an important point to make, don’t try to be subtle or clever. Use a pile driver. Hit the point once. Then come back and hit it again. Then hit it a third time – a tremendous whack.

- Winston Churchill

If something is important enough, even if the odds are against you, you should still do it.

- Elon Musk

E – Edge, ability to make tough yes and no decisions

- Jack Welch

The person who dumps garbage into your mind will do you considerably more harm than the person who dumps garbage on your floor, because each load of mind garbage negatively impacts your possibilities and lowers your expectations.

- Zig Ziglar

Hard things are hard because there are no easy answers or recipes. They are hard because your emotions are at odds with your logic. They are hard because you don’t know the answer and you cannot ask for help without showing weakness.

- Ben Horowitz

When people are around us, they should leave better off than they were previously. Rather than feeling discouraged or defeated, people should feel challenged and inspired after spending any time with you and me.

- Joel Olsteen

Becoming a member of the new rich is not just about working smarter. It’s about building a system to replace yourself.”Most things make no difference. Being busy is a form of mental laziness.”By working only when you are most effective, life is both more productive and more enjoyable. It’s the perfect example of having your cake and eating it, too.

- Timothy Ferriss

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

If you wish to build a powerful personal network, branch out. Build a diverse network of professional contacts that includes people that don’t look like you, sound like you, speak like you or have your background, education or history. The only thing they should have in common with you and the other people in your network is that they should be really good at what they do. Create a personal network like that, and you’ll have a network that can help you succeed at anything.

- Ivan Misner

I learned early on that one of the secrets of campus leadership was the simplest thing of all: speak to people coming down the sidewalk before they speak to you. I would always look ahead and speak to the person coming toward me. If I knew them I would call them by name, but even if I didn’t I would still speak to them.

- Sam Walton

I have had a long, long life full of troubles, but there is one curious fact about them-nine-tenths of them never happened.

- Andrew Carnegie

Poker is a game where you don’t have to have the best hand to win. Poker is really reading other people and reading human emotion, which certainly comes into play in business.

- Charles Ergen

When you import goods, you import poverty and you export jobs to other parts of the globe where such goods are produced.

- Aliko Dangote

There is an immeasurable distance between late and too late.

- Og Mandino

The evidence is inarguable that Australia is becoming too expensive and too uncompetitive to do export-oriented business. Africans want to work, and its workers are willing to work for less than $2 per day. Such statistics make me worry for this country’s future. We are becoming a high-cost and high-risk nation for investment.

- Gina Rinehart

The Apple Stores’ sleek minimalist design and close control over the consumer experience, the omnipresent advertising campaigns, the price positioning as a maker of premium goods, and the lingering nimbus of Steve Jobs’s personal charisma all contribute to a perception that Apple offers products so good as to constitute a category of their own.

- Peter Thiel

I probably have about four or five cups of coffee a day. I make myself an espresso macchiato when I wake, which is a shot of espresso and just a dollop of steamed milk. Then, if I’m going to do some work at home, I would make myself a French press. It’s the best way to make conventional coffee.

- Howard Schultz

If I was a businessman, or saw myself as a businessman, I would have never gone into the airline business.

- Richard Branson

On the Internet, companies are scale businesses, characterized by high fixed costs and relatively low variable costs. You can be two sizes: You can be big, or you can be small. It’s very hard to be medium. A lot of medium-sized companies had the financing rug pulled out from under them before they could get big.

- Jeff Bezos

For now, if the Hong Kong environment doesn’t change, then in the long term, investing in Hong Kong is best.

- Lee Shau Kee

I don’t mind saying, you know, that I don’t take a salary from the church, and God has blessed me with more money than I could imagine from my books.

- Joel Olsteen

Percentage margins don’t matter. What matters always is dollar margins: the actual dollar amount. Companies are valued not on their percentage margins, but on how many dollars they actually make, and a multiple of that.

- Jeff Bezos

You don’t want to negotiate the price of simple things you buy every day.

- Jeff Bezos

Money has no utility to me beyond a certain point.

- Bill Gates

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 think, for years, people have been pushed down by religion, and I don’t say that disrespectfully, but they’ve been shown a God that you can’t measure up to.

- Joel Olsteen

When someone shows you who they are, believe them the first time.

- Oprah Winfrey

If you learn late, you pass it on to people so they can learn early. It’s a step process.

- Russell Simmons

Risk, to some, is a bad thing, because risk brings with it the possibility of failure. It might be only a temporary failure, but that doesn’t matter so much if the very thought of it shuts you down. So, for some, risk comes to equal failure (take enough risks and sooner or later, you will fail). Risk is avoided because we’ve been trained to avoid failure.

- Seth Godin

For many people, extended reading sessions on an LCD display cause eyestrain.

- Jeff Bezos

What you study is more important than how you study. Students are subordinate to materials, much like novice cooks are subordinate to recipes. If you select the wrong material, the wrong textbook, the wrong group of words, it doesn’t matter how much (or how well) you study. It doesn’t matter how good your teacher is. One must find the highest-frequency material. Material beats method.

- Timothy Ferriss

I think people instinctively know that their job is to give service and that they are part of a community. It had a great impact on me when my father walked the picket lines and I walked with him during the civil rights movement.

- Russell Simmons

Don’t try to reinvent the wheel. Just learn from the guys who have already done it well. You need a mentor, a seasoned coach who is willing to share his wisdom and experience with you. Ask someone who has already been successful to guide you.

- George Foreman

Someone is sitting in the shade today because someone planted a tree a long time ago.

- Warren Buffett

The United States is definitely ahead in culture of innovation. If someone wants to accomplish great things, there is no better place than the U.S.

- Elon Musk

It’s absolutely true we set out to expose Microsoft’s covert activities, I feel very good about what we did … Maybe our investigation organization may have done things unsavory, but it’s not illegal. We got the truth out.

- Larry Ellison

Countries which receive aid do graduate. Within a generation, Korea went from being a big recipient to being a big aid donor. China used to get quite a bit of aid; now it’s aid-neutral.

- Bill Gates

It’s paradoxical, but you want to identify the things that can kill you and engage them sooner. This is part of the metric behind fail fast. Of course, you’re not actually trying to fail; you want to succeed. But failing fast is much better than failing slowly, since it enables you to quickly to pivot, iterate, and redeploy capital. The one key mistake is that people tend to work first on the problems that they have the most confidence they can solve. In a good startup strategy you actually want to face death soonest because then you fail fast or get on a great path to success fast. Identify the hardest problems and try to solve those as soon as you can.

- Reid Hoffman

In Silicon Valley, when you’re a private company, the entrepreneur can do no wrong.

- Ben Horowitz

If you have ten thousand regulations you destroy all respect for the law.

- Winston Churchill

The world won’t care about your self-esteem. The world will expect you to accomplish something BEFORE you feel good about yourself.

- Bill Gates

We bring together the best ideas – turning the meetings of our top managers into intellectual orgies.

- Jack Welch

Lack of direction, not lack of time, is the problem. We all have twenty-four hour days.

- Zig Ziglar

The Net is not television. It is the finest direct-marketing mechanism in the history of mankind. It is direct mail with free stamps, and it allows you to create richer and deeper relationships than you’ve ever been able to create before.

- Seth Godin

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 will not allow yesterday’s success to lull me into today’s complacency, for this is the great foundation of failure.

- Og Mandino

Chinese people today have strong demand for culture, but we need effective supply, and China needs innovative cultural products.

- Wang Jianlin

Most of my job and most of what I do is to mentor people. There are a lot of people I work with that I don’t have investments in.

- Ben Horowitz

In the beginning, I was so chintzy I really didn’t pay my employees well.

- Sam Walton

TweetDeck is a very interesting client, because it presents a view that no other client in the world presents, which is this multicolumn, massive amounts of information in one pane. And people really, really enjoy that.

- Jack Dorsey

Humor is the great thing, the saving thing. The minute it crops up, all our irritations and resentments slip away, and a sunny spirit takes their place.

- Mark Twain

In my banjo show with the Steep Canyon Rangers, I do do comedy during that show. It’d be absurd just to stand there mute and play 25 banjo songs.

- Steve Martin

If You Want to Gather Honey, Don’t Kick Over the Beehive.

- Dale Carnegie

I think frugality drives innovation, just like other constraints do. One of the only ways to get out of a tight box is to invent your way out.

- Jeff Bezos

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

Bureaucratic hierarchies move slowly, and entrenched interests shy away from risk. In the most dysfunctional organizations, signaling that work is being done becomes a better strategy for career advancement than actually doing work (if this describes your company, you should quit now). At the other extreme, a lone genius.

- Peter Thiel

What do you want? is too imprecise to produce a meaningful and actionable answer.

- Timothy Ferriss

Hire the best staff you can find develop them as much as you can, and hand off everything you possibly you can to them…The power of this can be seen in explosive growth.

- Napoleon Hill

What is a movie star? A movie star is many things. They can be tall, short, thin, or skinny. They can be Democrats… or skinny.

- Steve Martin

We expect all our businesses to have a positive impact on our top and bottom lines. Profitability is very important to us or we wouldn’t be in this business.

- Jeff Bezos

I have mentioned before that financial intelligence is a synergy of accounting, investing, marketing and law. Combine those four technical skills and making money with money is easier.

- Robert Kiyosaki

Sound managerial decisions are at the very root of their impending fall from industry leadership.

- Clayton M. Christensen

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