Notable Quotables

In periods where there is no leadership, society stands still. Progress occurs when courageous, skillful leaders seize the opportunity to change things for the better.

- Harry Truman

Men sometimes stumble over the truth, but often pick themselves up and hurry off as though nothing had happened.

- Winston Churchill

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

- Jeff Bezos

Being nice to people is just 20% of providing good customer service. The important part is designing systems that allow you to do the job right the first time. All the smiles in the world aren’t going to help you if your product or service is not what the customer wants,

- James L. Heskett

This presents more of a challenge, given our current size and market leadership.

- John Chambers

Rank does not confer privilege or give power. It imposes responsibility.

- Peter Drucker

Cherish each hour of this day for it can never return.

- Og Mandino

I really believe that you cannot use the stock market as a proxy for the economy.

- Howard Schultz

I described the CEO job as knowing what to do and getting the company to do what you want. Designing a proper company culture will help you get your company to do what you want in certain important areas for a very long time.

- Ben Horowitz

A lot of hacking is playing with other people, you know, getting them to do strange things.

- Steve Wozniak

I am a tightwad. That’s one of the main reasons I completed a long questionnaire for a crispy $1 bill. Why else would I spend two or three hours being personally interviewed by these authors? They paid me $100, $200, or $250. Oh, they made me another offer–to donate in my name the money I earned for my interview to my favorite charity. But I told them, I am my favorite charity.

- Thomas J Stanley

[In January 2011] I think the important thing for Twitter is that it works on any technology.

- Jack Dorsey

Every man must decide whether he will walk in the light of creative altruism or in the darkness of destructive selfishness.

- Martin Luther King Jr.

Luck Is When Preparation Meets Opportunity.

- Seneca

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

I have ten marathons under my belt, including four New York races and one Boston.

- Harvey Mackay

All great truths are simple in final analysis, and easily understood; if they are not, they are not great truths.

- Napoleon Hill

I like sports, and I enjoy playing basketball and lifting weights.

- Joel Olsteen

If you talk about Cabernet and Merlot-based value between $10 and $25, I will tell you that Bordeaux is the best value in the world.

- Gary Vaynerchuk

We’d love to be involved with the creation of something very special, something quite large and something quite exciting.

- Richard Branson

The thing about hip-hop is that it’s from the underground, ideas from the underbelly, from people who have mostly been locked out, who have not been recognized.

- Russell Simmons

Law has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society.

- George Soros

Research what they did, how they did it and how you can do it better.

- Jack Nadel

Every morning brings new potential, but if you dwell on the misfortunes of the day before, you tend to overlook tremendous opportunities.

- Harvey Mackay

That’s an issue dear to my heart, because I was born in the Soviet Union during the communist era.

- Sergey Brin

In 2008, people who invested in hedge funds needed capital badly, but many of the funds would not return their money. However, I gave money back to any investor who requested it. It was the bottom of the market and a pretty tough time.

- Carl Icahn

I have lots of sources of information about what’s going on at the company. I think I have a pretty good pulse on where we are and what people are thinking.

- Steve Ballmer

I think time management as a label encourages people to view each 24-hour period as a slot in which they should pack as much as possible.

- Timothy Ferriss

Big pay and little responsibility are circumstances seldom found together.

- Napoleon Hill

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

I’m in two modes when I’m on Lanai: In engineering mode, I’m trying to find the right place for the reservoir and the desalination plant, and looking at designs for new hotel rooms. The rest of the time, I’m in decompression mode. I’m on Hulopoe Beach, going for a swim, or on my paddleboard surrounded by 100 spinner dolphins.

- Larry Ellison

Thinking back to old-time computer programming in the days before programming languages supported internationalization, we used to have to “internationalize” our code. We called this internationalization process “I18N” for short (localization was L10N), which meant I followed by eighteen letters followed by N.

- Ben Horowitz

For no matter what we achieve, if we don’t spend the vast majority of our time with people we love and respect, we cannot possibly have a great life. But if we spend the vast majority of our time with people we love and respect – people we really enjoy being on the bus with and who will never disappoint us – then we will almost certainly have a great life, no matter where the bus goes. The people we interviewed from the good-to-great companies clearly loved what they did, largely because they loved who they did it with.

- James C. Collins

I’ve got some good days, I’ve got some bad. (But my) game has definitely improved.

- Ed Clark

Fascinatingly, as companies begin to struggle, the third category always seems to grow much faster than the first. In addition, the sudden wave of “semi-performance-related attrition” usually happens in companies that claim to have a “super-high talent bar.” How do all these superstar employees suddenly go from great to crap?

- Ben Horowitz

There’s only one trick in software, and that is using a piece of software that’s already been written.

- Bill Gates

We believe that the business system only is the key to success. It’s no miracle, only day-to-day work in the appropriate way.

- Alexei Mordashov

But Governments and peoples do not always take rational decisions. Sometimes they take mad decisions, or one set of people get control who compel all others to obey and aid them in folly.

- Winston Churchill

Believe in your idea, trust your instincts, and don’t be afraid to fail. It took me two years from the time I had the idea for Spanx until the time I had a product in hand ready to sell into stores. I must have heard the word “no” a thousand times. If you believe in your idea 100%, don’t let anyone stop you! Not being afraid to fail is a key part of the success of Spanx.

- Sara Blakely

Working to fulfill someone else’s needs or dreams almost always catches up with you.

- Jack Welch

There is tremendous stress these days on liking people, helping people, getting along with people, as qualifications for a manager. These alone are never enough. In every successful organization there is one boss who does not like people, who does not help them, and who does not get along with them. Cold, unpleasant, demanding, he often teaches and develops more men than anyone else. He commands more respect than the most likable man ever could. He demands exacting workmanship of himself as well as of his men. He sets high standards and expects that they will be lived up to. He considers only what is right and never who is right. And though often himself a man of brilliance, he never rates intellectual brilliance above integrity in others. The manager who lacks these qualities of character—no matter how likable, helpful, or amiable, no matter even how competent or brilliant—is a menace and should be adjudged “unfit to be a manager and a gentleman.

- Peter Drucker

When you are full of pride on the inside, it makes you stiff, stubborn, and creates strife with others.

- John C. Maxwell

What consumerism really is, at its worst is getting people to buy things that don’t actually improve their lives.

- Jeff Bezos

I could’ve just walked away but I never could have forgiven myself to allow Starbucks to drift into mediocrity or not be relevant. I just couldn’t be a bystander.

- Howard Schultz

They said it was only a ground shark, but I was not wholly reassured. It is as bad to be eaten by a ground shark as by any other.

- Winston Churchill

Time can be an ally or an enemy. What it becomes depends entirely upon you, your goals, and your determination to use every available minute.

- Zig Ziglar

God didn’t create you to be average. You were created to excel You have everything.

- Joel Olsteen

The Franchise Prototype is also the place where all assumptions are put to the test to see how well they work before becoming operational in the business.

- Michael Gerber

Government isn’t that good at rapid advancement of technology. It tends to be better at funding basic research. To have things take off, you’ve got to have commercial companies do it.

- Elon Musk

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 can dream it, you can achieve it. You will get all you want in life if you help enough other people get what they want.

- Zig Ziglar

If you are going to run a successful business you are going to have to be committed to your customers 100% of the time. If customers consistently tell you that they don’t like a certain product or service you offer or an employee that you have working for you, you must be willing to act based upon their feedback if you find it to be factual.

- Clay Clark

Today, not starting is far, far worse than being wrong. If you start, you’ve got a shot at evolving and adjusting to turn your wrong into a right. But if you don’t start, you never get a chance.

- Seth Godin

Our business practices are no different than those of our competitors, but we are bigger, and thus more visible, so we get more flack.

- Phil Knight

For 20-plus years I looked at thousands of storyboard for corporate and product ads, and I never allowed one advertisement on the air that I didn’t like.

- Jack Welch

I will say that walking down the street, getting on the subway, taking the elevator, if there’s one or two people and they say, ‘Great job, Mayor,’ that is a real turn-on. I mean, anybody that wouldn’t find that satisfying, rewarding, exciting, thrilling – I think they should see the doctor.

- Michael Bloomberg

We have little choice but to move beyond quality and seek remarkable, connected, and new. Remarkable, as you’ve already figured out, demands initiative.

- Seth Godin

How you get up in the morning will play a big part in how high you go up in life.

- Zig Ziglar

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

Our success has really been based on partnerships from the very beginning.

- Bill Gates

The moral systems of religion, I think, are super important.

- Bill Gates

People are more likely to accept an order if they have had a part in the decision that caused the order to be issued.

- Dale Carnegie

the more ‘Yeses’ we can, at the very outset, induce, the more likely we are to succeed in capturing the attention for our ultimate proposal.

- Dale Carnegie

Life’s most soothing things are a child’s goodnight and sweet music….

- Thomas Edison

I got a flue shot and now my chimney works perfectly.

- Steve Martin

The Group recorded totals sales of around 3,300 property units from which approximately HK$6,810 million was generated from sales revenues attributable to the Group.

- Lee Shau Kee

We know that if you just were to take the drugs that you were supposed to take for diabetes or hypertension, just take it, as opposed to not take it, we could save $7,000, $3,000 per patient per year.

- Patrick Soon-Shiong

There is nothing so useless as doing efficiently that which should not be done at all.

- Peter Drucker

In a budget, how important is art versus music versus athletics versus computer programming? At the end of the day, some of those trade-offs will be made politically.

- Bill Gates

Hong Kong has, throughout it’s history, experienced periods of uncertainties… I believe that the virtues of Hong Kong people – diligent, flexible and entrepreneurial – will once again overcome the obstacles before us.

- Cheng Yu-tung

Who decides what’s in Windows? The customers who buy it.

- Bill Gates

If change is happening on the outside faster than on the inside the end is in sight.

- Jack Welch

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

Gays are some of the nicest, kindest, most loving people in the world.

- Joel Olsteen

There are only two ways to influence human behavior: you can manipulate it or you can inspire it.

- Simon Sinek

You will never reach your destination if you stop and throw stones at every dog that barks.

- Winston Churchill

The connected economy of ideas demands that we contribute initiative. And yet we resist, because our lizard brain, the one that lives in fear, relentlessly exaggerates the cost of being wrong.

- Seth Godin

[On a small business class taught at university by Frank Shallenberger] Shallenberger started by defining the type of person who was an entrepreneur, and I realized he was talking to me.

- Phil Knight

I think many start-ups make mistakes because they are focusing on things that are farther ahead, and they haven’t done the work that has built the foundation to support it.

- Howard Schultz

Many of our best opportunities were created out of necessity. The things that we were forced to learn and do, because we started out underfinanced and undercapitalized in these remote small communities, contributed mightily to the way we’ve grown as a company. Had we been capitalized, or had we been the offshoot of a large corporation the way I wanted to be, we might not ever have tried…

- Sam Walton

You cannot climb the ladder of success dressed in the costume of failure.

- Zig Ziglar

China adopted a capitalist system in the 1980s, and they went from a 60% poverty rate to 10%.

- Bill Gates

Kickstarter isn’t a profit center, it’s an organizer and an instigator.

- Seth Godin

Who you attract is not determined by what you want. It’s determined by who you are.

- John Maxwell

Fortunately, problems are an everyday part of our life. Consider this: If there were no problems, most of us would be unemployed.

- Zig Ziglar

Hold on to that new, enlarge vision of victory that God has given you. Start expecting things to change in your favor. Dare to boldly declare that you are standing strong against the forces of darkness.

- Joel Olsteen

[On exporting sports shoes from Japan to the US]The best hope for exports lay with Onitsuka Company. So I made a cold call on them.

- Phil Knight

Some people, through luck and skill, end up with a lot of assets. If you’re good at kicking a ball, writing software, investing in stocks, it pays extremely well.

- Bill Gates

When you start a company, you’re basically jumping off a cliff. You don’t have any sense of where you’re going to land, what to do when you land, or what you should be doing inmidair. It’s very very scary. But it’s much easier when you have somebody to commiserate with you who knows what you’re going through, and who you know will always be on your side.

- Seth Goldman

We’ve seen a massive attack on the freedom of the web. Governments are realizing the power of this medium to organize people and they are trying to clamp down across the world, not just in places like China and North Korea; we’re seeing bills in the United States, in Italy, all across the world.

- Sergey Brin

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

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