Notable Quotables

There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.

- Sam Walton

However old or young, have a mindset that enables us to capture all the opportunities that changes in the world are bringing to us.

- Cheng Yu-tung

Like technical debt, management debt comes in too many different forms to elaborate entirely, but a few salient examples will help explain the concept. Here are three of the more popular types among startups: 1. Putting two in the box 2. Overcompensating a key employee, because she gets another job offer 3. No performance management or employee feedback process

- Ben Horowitz

A manager is responsible for the application and performance of knowledge.

- Peter Drucker

The Chinese government still would like to see U.S. Internet companies explore the Chinese market, providing they are willing to abide by Chinese law. I think companies like Facebook should think about the Chinese market.

- Robin Li

A remarkable and definite victory. The bright gleam has caught the helmets of our soldiers and warmed and cheered all our hearts.

- Winston Churchill

Do you know why the nose of the bull dog is sloped backwards? So it can keep on breathing without ever letting go.

- Winston Churchill

This defines entrepreneur and entrepreneurship – the entrepreneur always searches for change, responds to it, and exploits it as an opportunity.

- Peter Drucker

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

A key component of the Soft Sell is asking questions that require the Buyer to think and reach inside for the answer so as to reveal needs the Seller can fulfill with a product or service.

- Jerry Vass

Indeed, it is as important to learn how to receive a blessing as it is to be willing to give one.

- Joel Olsteen

Opening new stores outside of Japan is important, but training our employees is even more important.

- Tadashi Yanai

I enjoy myself a lot but I derive my joy from working. I believe in hard work and one of my business success secret is hard work.

- Aliko Dangote

Rivalry causes us to overemphasize old opportunities and slavishly copy what has worked in the past.

- Peter Thiel

You get to keep making art as long as you are willing to make the choices that let you make your art.

- Seth Godin

Success is dependent upon the glands – sweat glands.

- Zig Ziglar

If you want to understand what drives Cisco, look at our approach to customers. The manner in which we serve our customers defines our company values and demonstrates our priorities. Cisco is proud to be honored with this important certification that recognizes the foundation of our culture — the importance that we place on ensuring our customers are successful with Cisco technology.

- John Chambers

So go ahead. Fall down. The world looks different from the ground.

- Oprah Winfrey

I’m a storyteller. I love to tell stories about brands. I love to tell stories, period. I like painting pictures through the words, and that’s what I do.

- Gary Vaynerchuk

I have friends in overalls whose friendship I would not swap for the favor of the kings of the world.

- Thomas Edison

To lead a meaningful life, one must build trust with others. To enjoy peace, a nation must win the confidence and support of its people. To achieve stable growth, an enterprise must live up to its conviction.

- Cheng Yu-tung

Common mission trap for companies: trying to be all things to all people at all times.

- Jack Welch

Post-9/11, we saw an immediate uptick in the amount of people in our stores, all over the country. People wanted that human connection. We are not going to fracture the Starbucks experience.

- Howard Schultz

You can make a positive out of the most negative if you work at it hard enough.

- Sam Walton

Pay attention to those employees who respectfully ask why. They are demonstrating an interest in their jobs and exhibiting a curiosity that could eventually translate into leadership ability.

- Harvey Mackay

I don’t spend my time pontificating about high-concept things. I spend my time solving engineering and manufacturing problems.

- Elon Musk

Japan’s biggest problems are conservatism and cowardice.

- Tadashi Yanai

There are two synergistic approaches for increasing productivity that are inversions of each other: 1. Limit tasks to the important to shorten work time (80/20). 2. Shorten work time to limit tasks to the important (Parkinson’s Law). The best solution is to use both together: Identify the few critical tasks that contribute most to income and schedule them with very short and clear deadlines.

- Timothy Ferriss

There are no limitations to the mind except those we acknowledge.

- Napoleon Hill

When you are committed to doing what’s right, you are sowing seeds for God’s blessings. You will never go wrong by taking the high road and doing more that is required.

- Joel Olsteen

Chaos in the midst of chaos isn’t funny, but chaos in the midst of order is.

- Steve Martin

After Scour, I started a company called Red Swoosh. The idea was to take those litigants who sued us for a huge amount of money and turn them into customers with the same technology. I wanted to get them to pay me. It was a revenge business.

- Travis Kalanick

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

The garden gleams with summer jewelry. We live vy simply—but with all the essentials of life well understood & well provided for—hot baths, cold champagne, new peas, & old brandy.

- Winston Churchill

The only real security that a man can have in this world is a reserve of knowledge, experience and ability.

- Henry Ford

An asteroid or a supervolcano could certainly destroy us, but we also face risks the dinosaurs never saw: An engineered virus, nuclear war, inadvertent creation of a micro black hole, or some as-yet-unknown technology could spell the end of us.

- Elon Musk

I came from a Hindi medium school… the principal felt that I would not fit into an English medium college. Though I was top in my class in school, and I got admission in other colleges, but I really wanted to study in St. Xavier’s.

- Lakshmi Mittal

Most good ideas are already out there, and to learn about them, all you have to do is ask the right people.

- David Novak

To be Jedi is to face the truth, and choose. Give off light, or darkness, Padawan. Be a candle, or the night.

- Yoda

Take every opportunity to inject self-confidence into those who have earned it. Use ample praise, the more specific the better.

- Jack Welch

In retirement, Smith reflected on his exceptional performance, saying simply, I never stopped trying to become qualified for the job.

- James C. Collins

If you want to be inventive — you have to be willing to fail.

- Jeff Bezos

by breakthrough, broken into three broad stages: disciplined people, disciplined thought, and disciplined.

- James C. Collins

just like most nightmares, it’s not that big a deal and is reversible.

- Timothy Ferriss

In Riyadh, there’s going to be a huge project that will house at least 12,000 units with inhabitants of approximately 150,000 people. It’s like a city within a city.

- Prince Al Waleed Bin Talal Alsaud

I love doing a lot of things I’m told I can’t do. I think that’s what drives me and keeps me awake every day.

- Patrick Soon-Shiong

The big value of the founder running the company is really two things: the knowledge and the commitment.

- Ben Horowitz

[On Square in July 2011] We’re going to make it amazing.

- Jack Dorsey

In every age there comes a time when a leader must come forward to meet the needs of the hour. Therefore, there is no potential leader who does not have the opportunity to make a positive difference in society.

- Winston Churchill

I’m concerned a little bit with the culture of celebrating the fundraise. My dad taught me that when you borrow money it’s the worst day of your life.

- Gary Vaynerchuk

Even with cameras being very cheap, one thing that researchers noticed was that you look really bad in a videoconference image because the lighting is bad and you get shadows and things.

- Bill Gates

Let me remind everyone in this room that we are not changing guidance.

- John Chambers

It is definitely true that the fundamental enabling technology for electric cars is lithium-ion as a cell chemistry technology. In the absence of that, I don’t think it’s possible to make an electric car that is competitive with a gasoline car.

- Elon Musk

Look at the way celebrities and politicians are using Facebook already. When Ashton Kutcher posts a video, he gets hundreds of pieces of feedback. Maybe he doesn’t have time to read them all or respond to them all, but he’s getting good feedback and getting a good sense of how people are thinking about that and maybe can respond to some of it.

- Mark Zuckerberg

Being a great leader means sometimes pissing people off.

- Colin Powell

A company can seize extra-ordinary opportunities only if it is very good at the ordinary operations.

- Marcel Herrmann Telles

I came to the conclusion that we should aspire to increase the scope and scale of human consciousness in order to better understand what questions to ask. Really, the only thing that makes sense is to strive for greater collective enlightenment.

- Elon Musk

Silicon Valley has evolved a critical mass of engineers and venture capitalists and all the support structure – the law firms, the real estate, all that – that are all actually geared toward being accepting of startups.

- Elon Musk

Friend, there’s no greater investment in life than in being a people builder. Relationships are more important than our accomplishments.

- Joel Olsteen

e liked to call them idiots for making it too expensive. Well, one megabyte of RAM back then cost 10,000 of today’s dollars. He made a cheap one — but what he did was he made a really weak, lousy computer, to tell you truth, in the Macintosh, and still at a fairly high price. He made it by cutting the RAM down, by forcing you to swap disks here and there. It was a lousy product. Every time we improved the Macintosh, year by year by year, it got closer to what the Lisa had been.

- Steve Wozniak

However, for equity to create commitment rather than conflict, you must allocate it very carefully. Giving everyone equal shares is usually a mistake: every individual has different talents and responsibilities as well as different opportunity costs, so equal amounts will seem arbitrary and unfair from the start. On the other hand, granting different amounts up front is just as sure to seem unfair. Resentment at this stage can kill a company, but there’s no ownership formula to perfectly avoid it.

- Peter Thiel

Entrepreneurship, then, is behavior rather than personality trait. And its foundation lies in concept and theory rather than in intuition.

- Peter Drucker

Freedom is only part of the story and half the truth…. That is why I recommend that the Statue of Liberty on the East Coast be supplanted by a Statue of Responsibility on the West Coast.

- Viktor E. Frankl

The typical small business owner is only 10 percent Entrepreneur, 20 percent Manager, and 70 percent Technician.

- Michael Gerber

To lead people, walk beside them. As for the best leaders, the people do not notice their existence … When the best leader’s work is done, the people say, ‘We did it ourselves!’

- Lao Tzu

Here lies the body of William Jay, Who died maintaining his right of way – He was right, dead right, as he sped along, But he’s just as dead as if he were wrong.

- Dale Carnegie

This is a learning in the business life that first of all you need to have commitment, dedication and passion for what you are doing.

- Lakshmi Mittal

Remember: There is a direct correlation between an increased sphere of comfort and getting what you want.

- Timothy Ferriss

Nothing would be more fatal than for the Government of States to get in the hands of experts. Expert knowledge is limited knowledge, and the unlimited ignorance of the plain man who knows where it hurts is a safer guide than any rigorous direction of a specialized character.

- Winston Churchill

How much has it been your experience that Americans follow what happens in the world?

- Reed Hastings

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

the best possible way to prepare for tomorrow is to concentrate with all your intelligence, all your enthusiasm, on doing today’s work superbly today. That is the only possible way you can prepare for the future.

- Dale Carnegie

If you’re going to be thinking, you may as well think big.

- Donald Trump

You’re only as good as the people you hire.

- Ray Kroc

On balance, I am a supporter of the minimum wage going up. We’ve got to be very careful what we wish for because some employers – and there could be a lot of them – will be scared away from hiring new people or creating incremental hours for part-time people as a result of that wage going up.

- Howard Schultz

Many people who come to me with a business plan or to ask for money look like a mice that has been chewed by a cat. No matter how good their plan, their physical appearance is a limiting factor. In public speaking, it is said that body language accounts for approximately 55% of communication. Voice tone 35%, and words 10%. If you remember President Kennedy, JFK, he had 100% working for him and it physically attractive as he was, we can all do our best to dress and groom appropriately to make our points stronger.

- Robert Kiyosaki

So much of the downstream revenue is linked to that initial excitement, to how much revenue is produced in the domestic box office. For example, what we pay for a film three years later is highly correlated to how well it did in the box office.

- Reed Hastings

I have no interest in going to Egypt and seeing the pyramids. I’m just not that kind of dude.

- Gary Vaynerchuk

If You Have A Lemon, Make A Lemonade That is what a great educator does. But the fool does the exact opposite. If he finds that life has handed him a lemon, he gives up and says: I’m beaten. It is fate. I haven’t got a chance. Then he proceeds to rail against the world and indulge in an orgy of selfpity. But when the wise man is handed a lemon, he says: What lesson can I learn from this misfortune? How can I improve my situation? How can I turn this lemon into a lemonade?

- Dale Carnegie

The only thing I understand deeply, because in my teens I was thinking about it, and every year of my life, is software. So I’ll never be hands-on on anything except software.

- Bill Gates

I am both pleased but astonished by the fact that mankind has not yet begun to use all the means and devices that are available for destruction. I hope that such weapons are never manufactured in quantity.

- Thomas Edison

Know what your people are like, and make sure they do their jobs excellently.

- Ray Dalio

Although office rental in Hong Kong recorded a general downward adjustment and the slowdown in the economy in the past financial year brought along its negative impacts on the local retailing and food sectors, the major retail shopping properties owned by the Group were able to maintain an overall occupancy rate of 93% whilst rental levels generally remained steady.

- Lee Shau Kee

We just tried to get our shoes on the feet of runners.

- Phil Knight

Today, Andy Quinn pitched a great game finally, and that’s what he’s capable of. He fell behind a few hitters, but he got stronger as he went on.

- Jack Taylor

If you say you want to automate cars and save people’s lives, the skills you need for that aren’t taught in any particular discipline. I know – I was interested in working on automating cars when I was a Ph.D. student in 1995.

- Larry Page

It is becoming increasingly clear that the global economy is improving, … As customers feel more confident to invest, we believe that we are well positioned to provide compelling value as a strategic business adviser and technology partner.

- John Chambers

The future of humanity is going to bifurcate in two directions: Either it’s going to become multiplanetary, or it’s going to remain confined to one planet and eventually there’s going to be an extinction event.

- Elon Musk

I learned about why startups should train their people when I worked at Netscape. People at McDonald’s get trained for their positions, but people with far more complicated jobs don’t. It makes no sense.

- Ben Horowitz

The general upward trend in residential property prices seems to be continuing, with the luxury end of the residential market poised to show better performance in particular.

- Lee Shau Kee

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

It is better to act too quickly than it is to wait too long.

- Jack Welch

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