Notable Quotables

Opinions are the cheapest commodities on earth. Everyon has a flock of opinions ready to be wished upon anyone who will accept them. If you are influenced by opinions when you reach decisions you will not succeed in any undertaking, much less in that of transmuting YOUR OWN DESIRE into money…Close friends and relatives, while not meaning to do so, often handicap one through opinions and sometimes through ridicule, which is meant to be humorous. Thousands of men and women carry inferiority complexes with them all through life, because some well-meaning, but ignorant person destroyed their confidence through opinions or ridicule.

- Napoleon Hill

The husband and wife who open another delicatessen store or another Mexican restaurant in the American suburb surely take a risk. But are they entrepreneurs? All they do is what has been done many times before. They gamble on the increasing popularity of eating out in their area, but create neither a new satisfaction nor new consumer demand. Seen under this perspective they are surely not entrepreneurs even though theirs is a new venture. McDonald’s, however, was entrepreneurship. It did not invent anything, to be sure. Its final product was what any decent American restaurant had produced years ago. But by applying management concepts and management techniques (asking, What is “value” to the customer?), standardizing the “product,” designing process and tools, and by basing training on the analysis of the work to be done and then setting the standards it required, McDonald’s both drastically upgraded the yield from resources, and created a new market and a new customer. This is entrepreneurship.

- Peter Drucker

If somebody can do something 80 percent as good as you think you would have done it yourself, then you’ve got to let it go.

- Sara Blakely

Do you have a real interest in people who work for you? Most good leaders have that – it’s hard to get someone to follow you if they feel like you hate ’em.

- Ben Horowitz

Young men starting in life should avoid running into debt. There is scarcely anything that drags a person down like debt. It is a slavish position to get ill, yet we find many a young man, hardly out of his “teens,” running in debt. He meets a chum and says, “Look at this: I have got trusted for a new suit of clothes.” He seems to look upon the clothes as so much given to him; well, it frequently is so, but, if he succeeds in paying and then gets trusted again, he is adopting a habit which will keep him in poverty through life. Debt robs a man of his self-respect, and makes him almost despise himself.

- P.T. Barnum

Number one, cash is king… number two, communicate… number three, buy or bury the competition.

- Jack Welch

These two chefs will play an important role in managing the company’s growing appetites.

- Sergey Brin

If you set your goals ridiculously high and it’s a failure, you will fail above everyone else’s success.

- James Cameron

Stealing Coach Wooden’s sets of three, I have come up with a formula for success no matter what kind of business you happen to be in: 1) Make sure you have the right people around you; 2) Have fun and drive results by recognizing the achievements of others; and 3) Be a passionate learner, and pass on what you know to others. Not only will this make you a success in business, but it will make you a success in life.

- David Novak

Casino gambling is colorful and dramatic and theatrical.

- Stephen Wynn

If we live in a world where information drives what we do, the information we get becomes the most important thing. The person who chooses that information has power.

- Seth Godin

Mind you, I got this reduction without saying a word about what I wanted. I talked all the time about what the other person wanted and how he could get it.

- Dale Carnegie

A blow that would kill a civilized man soon heals on a savage. The higher we go in the scale of life, the greater is the capacity for suffering.

- Dale Carnegie

The Center for Disease Control started out as the malaria war control board based in Atlanta. Partly because the head of Coke had some people out to his plantation, and they got infected with malaria, and partly ’cause all the military recruits were coming down and having a higher fatality rate from malaria while training than in the field.

- Bill Gates

You can be in the storm, but don’t let the storm get in you.

- Joel Olsteen

Appreciation – Learn to give flowers while people are still living.

- Joel Olsteen

If you don’t have a voice that forces you back to basics, you’re a dangerous person. Or to put it another way: You’re at risk, and the people with you are at risk. I’m not a daredevil. I don’t fly without a safety net.

- Stephen Wynn

Right now I’m just delighted to be alive and to have had a nice long bath.

- Richard Branson

We think that athletes are human beings and have foibles just like human beings do…

- Phil Knight

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

Japanese businesspeople and companies are lacking in individuality.

- Tadashi Yanai

My motivation for all my companies has been to be involved in something that I thought would have a significant impact on the world.

- Elon Musk

I’m an entrepreneur. I’m not a politician.

- Robin Li

Thinking is the hardest work there is, which is probably the reason why so few engage in it.

- Henry Ford

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

Sometimes I look out there and I get goosebumps…

- Phil Knight

At Microsoft there are lots of brilliant ideas, but the image is that they all come from the top. I’m afraid that’s not quite right.

- Bill Gates

When Pat Holt strings together a list of words not to overuse—“Actually, totally, absolutely, completely, continually, constantly, continuously, literally, really, unfortunately, ironically, incredibly, hopefully, finally”—she’s not being a stickler for formality and grammar. Instead she’s reminding us that words matter, that poor word use is just a red flag for someone who wants to ignore you.

- Seth Godin

Good habits are as addictive as bad habits, and a lot more rewarding.

- Harvey Mackay

The first thing to recognize is that no startup has time to do optional things.

- Ben Horowitz

Breathe. Let go. And remind yourself that this very moment is the only one you know you have for sure.

- Oprah Winfrey

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

The U.S. automotive industry has been selling cars the same way for over 100 years, and there are many laws in place to govern exactly how that is to be accomplished.

- Elon Musk

Never automate something that can be eliminated, and never delegate something that can be automated or streamlined. Otherwise, you waste someone else’s time instead of your own, which now wastes your hard-earned cash. How’s that for incentive to be effective and efficient?

- Timothy Ferriss

Much of what passes for quality on British television is no more than a reflection of the narrow elite which controls it and has always thought that its tastes were synonymous with quality.

- Rupert Murdoch

People have come to the erroneous conclusion that if they’re not willing to start something separate, world-changing, and risky, they have no business starting anything. Somehow, we’ve fooled ourselves into believing that the project has to have a name, a building, and a stock ticker symbol to matter.

- Seth Godin

I think when you’re very dedicated to something and you’re engaged fully, you become a giver.

- Russell Simmons

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).

- Timothy Ferriss

Although we can’t predict the future, our orders for the first weeks of this quarter are in line with the expectations we discussed in our fourth quarter earnings call.

- John Chambers

I know this world is ruled by infinite intelligence. Everything that surrounds us- everything that exists – proves that there are infinite laws behind it. There can be no denying this fact. It is mathematical in its precision.

- Thomas Edison

Personal initiative is the power that inspires the completion of that which one begins. It is the power that starts all action. No person is free until he learns to do his own thinking and gains the courage to act on his own.

- Napoleon Hill

Any version of Windows is going to have lots of great new things that people use and things that are tough.

- Bill Gates

Eradications are special. Zero is a magic number. You either do what it takes to get to zero and you’re glad you did it; or you get close, give up and it goes back to where it was before, in which case you wasted all that credibility, activity, money that could have been applied to other things.

- Bill Gates

The person who knows one thing and does it better than anyone else, even if it only be the art of raising lentils, receives the crown he merits. If he raises all his energy to that end, he is a benefactor of mankind and its rewarded as such.

- Og Mandino

Konosuke Matsushita was a visionary entrepreneur. He started working very young as a teenager, and he eventually created Panasonic to become a truly global company.

- Tadashi Yanai

[B]y being so long in the lowest form I gained an immense advantage over the cleverer boys. They all went on to learn Latin and Greek and splendid things like that. But I was taught English. We were considered such dunces that we could learn only English. Mr. Somervell — a most delightful man, to whom my debt is great — was charged with the duty of teaching the stupidest boys the most disregarded thing — namely, to write mere English. He knew how to do it. He taught it as no one else has ever taught it. Not only did we learn English parsing thoroughly, but we also practised continually English analysis. . . Thus I got into my bones the essential structure of the ordinary British sentence — which is a noble thing. And when in after years my schoolfellows who had won prizes and distinction for writing such beautiful Latin poetry and pithy Greek epigrams had to come down again to common English, to earn their living or make their way, I did not feel myself at any disadvantage. Naturally I am biased in favour of boys learning English. I would make them all learn English: and then I would let the clever ones learn Latin as an honour, and Greek as a treat. But the only thing I would whip them for would be not knowing English. I would whip them hard for that.

- Winston Churchill

Even today few businessmen understand that research, to be productive, has to be the “disorganizer,” the creator of a different future and the enemy of today. In most industrial laboratories, “defensive research” aimed at perpetuating today, predominates.

- Peter Drucker

Why does a 67-year-old guy who got his start running an athletic shoe company think he can enter a field famous for gobbling up fortunes.

- Phil Knight

When nobody else celebrates you, learn to celebrate yourself. When nobody else compliments you, then compliment yourself. It’s not up to other people to keep you encouraged. It’s up to you. Encouragement should come from the inside.

- Joel Olsteen

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

- Simon Sinek

The book is not really the container for the book. The book itself is the narrative. It’s the thing that people create.

- Jeff Bezos

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

- Zig Ziglar

Churchill used words for different purposes: to argue for moral and political causes, to advocate courses of action in the social, national and international spheres, and to tell the story of his own life and that of Britain and its place in the world.

- Winston Churchill

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

- Zig Ziglar

We had been kicked out of one bank… The second, it was touch and go…

- Phil Knight

A peace talk is always difficult, always complicated.

- Jack Ma

The reason is that good management itself was the root cause. Managers played the game the way it was supposed to be played. The very decision-making and resource-allocation processes that are key to the success of established companies are the very processes that reject disruptive technologies: listening carefully to customers; tracking competitors’ actions carefully; and investing resources to design and build higher-performance, higher-quality products that will yield greater profit. These are the reasons why great firms stumbled or failed when confronted with disruptive technological change.

- Clayton M. Christensen

Surround yourself with people who want the best for you and the people you love!

- Zig Ziglar

The longer we dwell on our misfortunes, the greater their power to harm us.

- Voltaire

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

China’s open-door policy, the favourable local exchange rates, the growing affluence and changing lifestyles in South Asian countries and burgeoning economic activities in the Asia-Pacific Rim are all conducive factors to the continuing tourism boom.

- Cheng Yu-tung

We need to show mercy. I mean, because as much mercy as you show people, that’s the mercy you’re going to be receiving.

- Joel Olsteen

Expect to make some mistakes when you try new and different approaches. Sometimes colossal failures lead to spectacular successes.

- Harvey Mackay

You have to be constantly reinventing yourself and investing in the future.

- Reid Hoffman

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

I think our main real estate effort should be directed at getting out in front of expansion and letting the population build out to us.

- Sam Walton

We shall not flag nor fail. We shall go on to the end. We shall fight in France and on the seas and oceans; we shall fight with growing confidence and growing strength in the air. We shall defend our island whatever the cost may be; we shall fight on beaches, landing grounds, in fields, in streets and on the hills. We shall never surrender and even if, which I do not for the moment believe, this island or a large part of it were subjugated and starving, then our empire beyond the seas, armed and guarded by the British Fleet, will carry on the struggle until in God’s good time the New World with all its power and might, sets forth to the liberation and rescue of the Old.

- Winston Churchill

I think that business book reporting, it’s all Jim Collins, it’s the story of victory; it’s success bias over and over again.

- Ben Horowitz

A corporation’s primary goal is to make money. Government’s primary role is to take a big chunk of that money and give it to others.

- Larry Ellison

You can’t build any kind of organization if you’re not going to surround yourself with people who have experience and skill base beyond your own.

- Howard Schultz

Relaxation and Recreation The most relaxing recreating forces are a healthy religion, sleep, music, and laughter. Have faith in God—learn to sleep well— Love good music—see the funny side of life— And health and happiness will be yours.

- Dale Carnegie

Poisonous people do not deserve your time. To think otherwise is masochistic. The best way to approach a potential break is simple: Confide in them honestly but tactfully and explain your concerns. If they bite back, your conclusions have been confirmed. Drop them like any other bad habit. If they promise to change, first spend at least two weeks apart to develop other positive influences in your life and diminish psychological dependency. The next trial period should have a set duration and consist of pass-or-fail criteria. If this approach is too confrontational for you, just politely refuse to interact with them. Be in the middle of something when the call comes, and have a prior commitment when the invitation to hang out comes. Once you see the benefits of decreased time with these people, it will be easier to stop communication altogether.

- Timothy Ferriss

Leadership involves finding a parade and getting in front of it.

- John Naisbitt

MANAGING STRICTLY BY NUMBERS IS LIKE PAINTING BY NUMBERS Some things that you want to encourage will be quantifiable, and some will not. If you report on the quantitative goals and ignore the qualitative ones, you won’t get the qualitative goals, which may be the most important ones. Management purely by numbers is sort of like painting by numbers—it’s strictly for amateurs. At HP, the company wanted high earnings now and in the future. By focusing entirely on the numbers, HP got them now by sacrificing the future. Note that there were many numbers as well as more qualitative goals that would have helped: Was our competitive win rate increasing or declining? Was customer satisfaction rising or falling? What did our own engineers think of the products? By managing the organization as though it were a black box, some divisions at HP optimized the present at the expense of their downstream competitiveness. The company rewarded managers for achieving short-term objectives in a manner that was bad for the company. It would have been better to take into account the white box. The white box goes beyond the numbers and gets into how the organization produced the numbers. It penalizes managers who sacrifice the future for the short term and rewards those who invest in the future even if that investment cannot be easily measured. CLOSING THOUGHT It is easy to see that there are many ways for leaders to be misinterpreted. To get things right, you must recognize that anything you measure automatically creates a set of employee behaviors. Once you determine the result you want, you need to test the description of the result against the employee behaviors that the description will likely create. Otherwise, the side-effect behaviors may be worse than the situation you were trying to fix.

- Ben Horowitz

The United States invariably does the right thing, after having exhausted every other alternative.

- Winston Churchill

Procrastination is the bad habit of putting of until the day after tomorrow what should have been done the day before yesterday.

- Napoleon Hill

Nine times out of ten, an argument ends with each of the contestants more firmly convinced than ever that he is absolutely right.

- Dale Carnegie

The next time someone tells you we can trim the budget by cutting aid, I hope you will ask whether it will come at the cost of more people dying.

- Bill Gates

I had a TV set and a typewriter and that made me think a computer should be laid out like a typewriter with a video screen.

- Steve Wozniak

Learn to say No to the good so that you can say Yes to your best.

- John Maxwell

And people who take risk intelligently can usually actually make a lot more progress than people who don’t.

- Reid Hoffman

I wish HP nothing but the best. I think HP is an icon. Those of us who had their careers in the Valley think of Dave Packard and Bill Hewlett as role models. We would love to be half as good as they were.

- Larry Ellison

Nothing else can quite substitute for a few well-chosen, well-timed, sincere words of praise. They’re absolutely free and worth a fortune.

- Sam Walton

El séptimo imperativo • El primer imperativo es estar al tanto; al tanto del mercado, de las oportunidades y de quién eres. • El segundo imperativo es estar preparados, para entender lo que sucede a tu alrededor. • El tercer imperativo es estar conectado, para que confíen en ti. • El cuarto imperativo es ser coherente, para que el sistema sepa qué esperar de ti. • El quinto imperativo es crear un valor, para tener algo que vender. • El sexto imperativo es ser productivo, para ofrecer un buen precio. No obstante, es posible que hagas todas estas cosas y aun así fracases. Un empleo no es suficiente, ni una fábrica, ni una industria. Solían serlo, pero ya no lo son. El mundo está cambiando muy rápido, y sin la chispa de la iniciativa te limitas a reaccionar ante lo que te rodea. Asimismo, sin la capacidad de incitar y experimentar estás estancado, a la deriva, esperando el empujón…

- Seth Godin

Hope for the best, but prepare for the worst.

- Jack Nadel

If your business is not a brand, it is just a commodity.

- Donald Trump

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

- Joel Olsteen

Barring serious accidents, if you are not preoccupied with worry and you work hard, you can look forward to a reasonably lengthy existence…. Its not the hard work that kills, its the worrying that kills.

- Thomas Edison

Don’t equate activity with efficiency. You are paying your key people to see the big picture. Don’t let them get bogged down in a lot of meaningless meetings and paper shuffling. Announce a Friday afternoon off once in a while. Cancel a Monday morning meeting or two. Tell the cast of characters you’d like them to spend the amount of time normally spent preparing for attending the meeting at their desks, simply thinking about an original idea.

- Harvey Mackay

Short cycle business are being impacted by credit, and are being impacted by gasoline prices, food, distribution businesses, chemical business.

- Jack Welch

Life’s too short to hang out with people who aren’t resourceful.

- Jeff Bezos

Faith in the endgame helps you live through the months or years of buildup.

- James C. Collins

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

Singleness of purpose is one of the chief essentials for success in life, no matter what may be one’s aim.

- John D. Rockefeller

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