The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.
- George Soros
Notable Quotables
We can believe that we know where the world should go. But unless we’re in touch with our customers, our model of the world can diverge from reality. There’s no substitute for innovation, of course, but innovation is no substitute for being in touch, either.
- Steve Ballmer
In a position to be more accommodating. There are some lights at the end of the tunnel. If political leaders in Europe can put things in order, things will be better. These days, much relies on politics.
- Lee Shau Kee
m reasonably optimistic about the future, especially the future of the United States – for the century, at least.
- Elon Musk
The essential thing to know about the Dip is that it’s there. Knowing that you’re facing a Dip is the first step in getting through it.
- Seth Godin
The only discipline that lasts is self-discipline.
- Bum Phillips
The greatest of all mistakes is to do nothing because you think you can only do a little.
- Zig Ziglar
MacDonald has the gift of compressing the largest amount of words into the smallest amount of thought.
- Winston Churchill
I had a disc giving me a lot of trouble, and I had four surgeries. Then I had a staph infection, so they had to open me up five times in four months… It was in the bottom of my back, the same incision. They should have put a zipper on it.
- Stephen Wynn
If you learn a profession well and work hard, your future is secure and you will inevitably rise to the top, drive a fast car, and find beautiful people of the opposite sex pursuing you relentlessly. Like so many romantic promises, this is an illusion. What your parents and professors don’t tell you is that the closer you get to the top, the better you must know how to sell because everyone at the top sells better. If you are going to the top of your profession you must sell well, too.
- Jerry Vass
Great leaders, like Steve Jobs or Jeff Bezos, also focused on the long term.
- Reed Hastings
We’re responsible for the creation of the PC industry. The whole idea of compatible machines and lots of software.. that’s something we brought to computing. And so it’s a responsibility for us to make sure that things like security don’t get in the way of that dream.
- Bill Gates
Bell took the opposite approach, building multiple restaurants in a single neighborhood to eliminate the competition. It’s a strategy that’s widely used today by many companies like Starbuck’s, Barnes & Noble, and many others, and it worked for Bell.
- David Novak
We cannot take for granted that the future will be better, and that means we need to work to create it today.
- Peter Thiel
It takes up enough of my time and interest just working on comedy. I just enjoy it and love doing it.
- Jerry Seinfeld
I studied the lives of great men and famous women, and I found that the men and women who got to the top were those who did the jobs they had in hand, with everything they had of energy and enthusiasm and hard work.
- Harry Truman
Separate performance from people.
- David Robinson
Risk more than others think is safe. Dream more than others think is practical.
- Howard Schultz
This is not to imply that we agree on everything because we don’t. Nor does it mean there are no arguments because there are. It does mean there is never any maliciousness or bitterness in our differences. It does mean each is willing to admit a mistake and apologize if he or she is wrong. It means we enjoy each other and love each other enough to put the other one first. We never part company or go to sleep without settling our differences and reaffirming our love. We’re both grateful that God has let us spend enough years together to develop a relationship and discover what real love is all about. Our prayer is that God will permit us to have many more years together before we start our walk though eternity—together.
- Zig Ziglar
The world at large is less inequitable today than at any time in history. Number of people in abject poverty, as a percentage, is at all-time low.
- Bill Gates
Policies are many, Principles are few, Policies will change, Principles never do.
- John C. Maxwell
What goes on in Europe concerns us greatly because, if Europe comes apart, the E.U. comes apart, then you’re going to have enormous impact on America, that’s a very big trading partner of ours, and people own securities around the world in this day and age.
- Michael Bloomberg
Success is not final…Failure is not fatal…it’s the courage to continue that counts.
- Winston Churchill
The best ideas in a company are the ones that people come up with themselves because then they really own their ideas and are committed to making them work. – David Novak CEO of YUM Brands
- David Novak
I think the acquisition of consumers might be on the verge of being mapped. The battlefield is going to be retention and lifetime value.
- Gary Vaynerchuk
The ability to lead is more valuable than sugar or any other commodity
- John D. Rockefeller
When a study was made a few years ago on runaway wives, what do you think was discovered to be the main reason wives ran away? It was lack of appreciation.
- Dale Carnegie
Try to look at your weakness and convert it into your strength. That’s success.
- Zig Ziglar
Be courageous! Whatever setbacks America has encountered, it has always emerged as a stronger and more prosperous nation…. Be brave as your fathers before you. Have faith and go forward!
- Thomas Edison
Any of us can be happy and have a good attitude when everything is going our way. But I believe it’s the real test of your character and of your faith to say, ‘Things are not going our way, but I’m still being good to people; I’m still attending church; I still have a good attitude.’
- Joel Olsteen
At the end of the day … Nexium is Nexium, Lipitor is Lipitor, drugs are drugs, and it shouldn’t matter that much who’s counting to 30.
- George Paz
Whatever you accept your employees will expect.
- Clifton Taulbert
For example, a world without secrets would enjoy a perfect understanding of justice. Every injustice necessarily involves a moral truth that very few people recognize early on: in a democratic society, a wrongful practice persists only when most people don’t perceive it to be unjust. At first, only a small minority of abolitionists knew that slavery was evil; that view has rightly become conventional, but it was still a secret in the early 19th century. To say that there are no secrets left today would mean that we live in a society with no hidden injustices.
- Peter Thiel
A little more moderation would be good. Of course, my life hasn’t exactly been one of moderation.
- Donald Trump
1. Why is it foolish to launch a new business with millions of dollars in TV ads?2. Are the market leaders in every industry more vulnerable to sudden successes by the competition than ever before?3. Should book publishers issue the paperback edition of a book before the hardcover?4. What’s the single most important asset a company can create—and what is the simple thing that can kill it?5. Every ad needs to do one of two things to succeed…yet most ads do neither. What’s the right strategy?6. Does the Net create a dynamic that fundamentally changes the way everything is marketed?7. How can every business…big and small…use ideavirus marketing to succeed?
- Seth Godin
The higher the level of leadership people want to reach, the greater the sacrifices they will have to make?
- John Maxwell
U.K. companies are in very international and very competitive markets. If you look at PC penetration in the U.K., it is very similar to the United States market.
- Bill Gates
Anatomy of a MovementSenator Bill Bradley defines a movement as having three elements: (1) A narrative that tells a story about who we are and the future we’re trying to build. (2) A connection between and among the leader and the tribe. (3) Something to do – the fewer limits the better. Too often organizations fail to do anything but the third.
- Seth Godin
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 real story of Facebook is just that we’ve worked so hard for all this time. I mean, the real story is actually probably pretty boring, right? I mean, we just sat at our computers for six years and coded.
- Mark Zuckerberg
You need to ask yourself, “If our company isn’t good enough to win, then do we need to exist at all?
- Ben Horowitz
We had no capital but we grew.
- Phil Knight
General and undifferentiated pitches don’t say anything about why a recruit should join your company instead of many others.
- Peter Thiel
Discipline is hard–harder than trustworthiness and skill and perhaps even than selflessness. We are by nature flawed and inconstant creatures. We can’t even keep from snacking between meals. We are not built for discipline. We are built for novelty and excitement, not for careful attention to detail. Discipline is something we have to work at.
- Atul Gawande
Do it, and then you will feel motivated to do it.
- Zig Ziglar
A story is at its best when it’s not intrusive, when it brings value to a platform’s consumers, and when it fits in as a natural step along the customer’s path to making a purchase.
- Gary Vaynerchuk
Really, truly, try to figure out what your palate is all about. If you’ve determined that you don’t like dirty old stinky wine – old-world flavors – you probably like new-world fruit bombs. Stick to Shirazes and California Cabernets or Zinfandels.
- Gary Vaynerchuk
Science is the pursuit of pure truth, and the systematizing of it.
- P.T. Barnum
If we only have great companies, we will merely have a prosperous society, not a great one. Economic growth and power are the means, not the definition, of a great nation.
- James C. Collins
The challenge, it turns out, isn’t in perfecting your ability to know when to start and when to stand by.
- Seth Godin
Blue Ribbon Sports of Portland, Oregon. Sorry I’m all out of cards. Boy, does your country ever eat up business cards.
- Phil Knight
To Admiral Cunningham it was against all tradition to abandon the Army in such a crisis. He declared, “It takes the Navy three years to build a new ship. It will take three hundred years to build a new tradition.
- Winston Churchill
I think the positive competition between states in India is one of the most positive dynamics that the country has.
- Bill Gates
Letting the other person feel that the idea is his or hers not only works in business and politics, it works in family life as well.
- Dale Carnegie
FOCUSING TOO MUCH ON THE NUMBERS In the second example, I managed the team to a set of numbers that did not fully capture what I wanted. I wanted a great product that customers would love with high quality and on time—in that order. Unfortunately, the metrics that I set did not capture those priorities. At a basic level, metrics are incentives. By measuring quality, features, and schedule and discussing them at every staff meeting, my people focused intensely on those metrics to the exclusion of other goals. The metrics did not describe the real goals and I distracted the team as a result. Interestingly, I see this same problem play out in many consumer Internet startups. I often see teams that maniacally focus on their metrics around customer acquisition and retention. This usually works well for customer acquisition, but not so well for retention. Why? For many products, metrics often describe the customer acquisition goal in enough detail to provide sufficient management guidance. In contrast, the metrics for customer retention do not provide enough color to be a complete management tool. As a result, many young companies overemphasize retention metrics and do not spend enough time going deep enough on the actual user experience. This generally results in a frantic numbers chase that does not end in a great product. It’s important to supplement a great product vision with a strong discipline around the metrics, but if you substitute metrics for product vision, you will not get what you want.
- Ben Horowitz
Sometimes we look at gay being a bigger sin than being proud or not telling the truth. I don’t think God categorizes sins.
- Joel Olsteen
The successful warrior is the average man, with laser-like focus.
- Bruce Lee
You might well remember that nothing can bring you success but yourself.
- Napoleon Hill
(In reference to one of his first advertising sales mentors Howard Davis)… He was 6 foot 4 with silver hair…the quintessential advertising guy. He had a glass topped desk in his office because, as he put it, he like to be able to look down and see his Guccis while he worked. Howard taught me to get things done. He was very smart but he was also an animal. He exuded power and he could be very intimidating, and he knew how to use his power to get results while still managing to be a good guy. Howard’s personal style was very different from my own, but what he did teach me was how to create a sense of urgency, how to motivate performance by getting everyone’s heart pounding.
- David Novak
As it happened, we did extraordinarily well with our Newport Wal-Mart, and it wasn’t too long before the old Ben Franklin store I had run on Front Street had to close its doors. You can’t say we ran that guy – the landlord’s son – out of business. His customers were the ones who shut him down. They voted with their feet. Quite a few smaller stores have gone out of business during the time of Wal-Mart’s growth. Some people have tried to turn it into this big controversy, sort of a Save the Small-Town Merchants deal, like they were whales or whooping cranes of something that has the right to be protected…If you become a large-scale success it’s Katie bar the door. Suddenly, you make a very convenient villian because everybody seems to love shooting at who’s on top.
- Sam Walton
Frankly speaking, I decided to become a businessman at the moment when I understood that it is possible, because I grew up in a country where it was not possible. There existed even a special article in the penal code of the Soviet Union which punished entrepreneurial activity.
- Vladimir Potanin
Trate siempre de que la otra persona se sienta importante.
- Dale Carnegie
It marks a big step in a man’s development when he comes to realize that other men can be called in to help him do a better job than he can do alone.
- Andrew Carnegie
Losing an A is a sin. Love ‘em, hug ‘em, kiss ‘em, don’t lose them! We conduct postmortems on every A we lose and hold management accountable for losses.
- Jack Welch
When I hung in, he saw character, and that was the end of it. Later, it was funny to watch him hazing other guys the same way – funny after you’d been through the cycle.
- Phil Knight
If you ask where Nike came from, I would say it came from a kid who had that world-class shock administered at age seventeen by Bill Bowerman.
- Phil Knight
I believe God is managing affairs and that He doesn’t need any advice from me. With God in charge, I believe everything will work out for the best in the end. So what is there to worry about.
- Henry Ford
The difference between average people and achieving people is their perception of and response to failure.
- John C. Maxwell
Le Reve’ may be one of the three best pictures Pablo Picasso ever painted.
- Stephen Wynn
Be candid with everyone.
- Jack Welch
This is Day 1 for the Internet and, if we execute well, for Amazon.com. Today, online commerce saves customers money and precious time. Tomorrow, through personalization, online commerce will accelerate the very process of discovery. Amazon.com uses the Internet to create real value for its customers and, by doing so, hopes to create an enduring franchise, even in established and large markets.
- Jeff Bezos
The man who has no imagination has no wings.
- Muhammad Ali
Surely, we all can look back and see things in our lives that we wish we would have done differently. But the Bible says, Make the most of each day.”4 Yesterday is gone; tomorrow may not come. You must live for today. Start right where you are. You can’t do anything about what’s gone, but you can do a great deal about what remains.
- Joel Olsteen
This is my Bible. I am what it says I am. I have what it says I have. I can do what it says I can do.
- Joel Olsteen
Don’t save it all for the end. There is every reason not to.
- Timothy Ferriss
If Warren Buffett made his money from ordinary income rather than capital gains, his tax rate would be a lot higher than his secretary’s. In fact a very small percentage of people in this country pay a big chunk of the taxes.
- Michael Bloomberg
I think God gives every one of us our own will, and unfortunately, some people choose to do evil things with it.
- Joel Olsteen
Our investment in more than 100 projects in China’s property, infrastructure and other sectors makes us one of the country’s largest investors.
- Cheng Yu-tung
My wife and I tried two or three times in the last 40 years to have breakfast together, but it was so disagreeable we had to stop.
- Winston Churchill
Research shows that there is only half as much variation in student achievement between schools as there is among classrooms in the same school. If you want your child to get the best education possible, it is actually more important to get him assigned to a great teacher than to a great school.
- Bill Gates
We’re living in what I like to call the ‘Thank You Economy,’ because only the companies that can figure out how to mind their manners in a very old-fashioned way – and do it authentically – are going to have a prayer of competing.
- Gary Vaynerchuk
The Group sold an attributable HK$3,434.6 million worth of properties in Hong Kong as compared with HK$6,810.9 million for the year before. In light of the then cautious market sentiment, the Group decided to defer the launch of a few new developments…
- Lee Shau Kee
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
A squirrel dying in front of your house may be more relevant to your interests right now than people dying in Africa.
- Mark Zuckerberg
How can we walk away from requirements that we know to be true to pursue something that we think will help?” It turns out that is exactly what product strategy is all about—figuring out the right product is the innovator’s job, not the customer’s job.
- Ben Horowitz
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
His strategy would be to subjugate one part of the battlefield, consolidate his forces, then move briskly on to the next conquest. His victory over the Cleveland refiners would be the first but alos the most controversial compaign of his career.
- Ron Chernow
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
Successful people are always looking for opportunities to help others. Unsuccessful people are always asking, ‘What’s in it for me?
- Brian Tracy
Ideas are easy. Implementation is hard.
- Guy Kawasaki
You must develop a verification system for anything in your business that you expect to happen.
- Clay Clark
A third of the people who rush to psychiatrists for help could probably cure themselves if they could only do as Margaret Yates did: get interested in helping others. My idea? No, that is approximately what Carl Jung said. And he ought to know—if anybody does. He said: About one third of my patients are suffering from no clinically definable neurosis, but from the senselessness and emptiness of their lives.” To put it another way, they are trying to thumb a ride through life—and the parade passes them by. So they rush to a psychiatrist with their petty, senseless, useless lives. Having missed the boat, they stand on the wharf, blaming everyone except themselves and demanding that the world cater to their self-centered desires.
- Dale Carnegie
I think Bible principles are principles for life.
- Joel Olsteen
Making it good at scale means admitting that it must be different and embracing the changes that you’ll need to make to keep things from falling apart.
- Ben Horowitz
Animation offers a medium of story telling and visual entertainment which can bring pleasure and information to people of all ages everywhere in the world.
- Walt Disney
How do you tap in to what God has already done? Very simple: just act like you’re blessed, talk like you’re blessed, walk like you’re blessed, think like you’re blessed, smile like you’re blessed, dress like you’re blessed. Put actions behind your faith, and one day you will see it become a reality.
- Joel Olsteen
In a climate of tight budgets, reduced workforces and stiff competition, internal training can be a great substitute for costly offsite workshops and conferences.
- Harvey Mackay
Visionary companies make some of their best moves by experimentation, trial and error, opportunism, and—quite literally—accident. What looks in retrospect like brilliant foresight and preplanning was often the result of Let’s just try a lot of stuff and keep what works.
- James C. Collins
The one thing coaches cannot tolerate… is the individual who grows arrogant because he excelled at a lower level and believes he has nothing else to learn.
- Zig Ziglar
Investing for the poor requires participation from the entire community.
- Bill Gates