Once we assembled the entire package, Mike named it Netscape SuiteSpot, as it would be the “suite” that displaced Microsoft’s BackOffice. We lined everything up for a major launch on March 5, 1996, in New York. Then, just two weeks before the launch, Marc, without telling Mike or me, revealed the entire strategy to the publication Computer Reseller News. I was livid. I immediately sent him a short email: To: Marc Andreessen Cc: Mike Homer From: Ben Horowitz Subject : Launch I guess we’re not going to wait until the 5th to launch the strategy. — Ben Within fifteen minutes, I received the following reply. To: Ben Horowitz Cc: Mike Homer, Jim Barksdale (CEO), Jim Clark (Chairman) From: Marc Andreessen Subject: Re: Launch Apparently you do not understand how serious the situation is. We are getting killed killed killed out there. Our current product is radically worse than the competition. We’ve had nothing to say for months. As a result, we’ve lost over $3B in market capitalization. We are now in danger of losing the entire company and it’s all server product management’s fault. Next time do the fucking interview yourself. Fuck you, Marc I received this email the same day that Marc appeared barefoot and sitting on a throne on the cover of Time magazine. When I first saw the cover, I felt thrilled. I had never met anyone in my life who had been on the cover of Time. Then I felt sick. I brought both the magazine and the email home to Felicia to get a second opinion. I was very worried. I was twenty-nine years old, had a wife and three children, and needed my job. She looked at the email and the magazine cover and said, “You need to start looking for a job right away.” In the end, I didn’t get fired and over the next two years, SuiteSpot grew from nothing to a $400 million a year business. More shocking, Marc and I eventually became friends; we’ve been friends and business partners ever since. People often ask me how we’ve managed to work effectively across three companies over eighteen years. Most business relationships either become too tense to tolerate or not tense enough to be productive after a while. Either people challenge each other to the point where they don’t like each other or they become complacent about each other’s feedback and no longer benefit from the relationship. With Marc and me, even after eighteen years, he upsets me almost every day by finding something wrong in my thinking, and I do the same for him. It works.
- Ben Horowitz
Notable Quotables
Assetts put money in your pocket. Liabilities take money out of your pocket.
- Robert Kiyosaki
Legacy is a stupid thing! I don’t want a legacy.
- Bill Gates
Not only was the casual shoe effort a failure, but it was diluting our trademark and hurting us in running.
- Phil Knight
All failed companies are the same: they failed to escape competition.
- Peter Thiel
Great organizations demand a high level of commitment by the people involved.
- Bill Gates
[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
A remarkable and definite victory. The bright gleam has caught the helmets of our soldiers and warmed and cheered all our hearts.
- Winston Churchill
This describes Americans today. In middle school, we’re encouraged to start hoarding “extracurricular activities.” In high school, ambitious students compete even harder to appear omnicompetent. By the time a student gets to college, he’s spent a decade curating a bewilderingly diverse résumé to prepare for a completely unknowable future. Come what may, he’s ready—for nothing in particular.
- Peter Thiel
You have to come to your closed doors before you get to your open doors… What if you knew you had to go through 32 closed doors before you got to your open door? Well, then you’d come to closed door number eight and you’d think, ‘Great, I got another one out of the way’… Keep moving forward.
- Joel Olsteen
You know what, Steve Jobs is real nice to me. He lets me be an employee and that’s one of the biggest honors of my life.
- Steve Wozniak
That’s why hiring consultants doesn’t work. Part-time employees don’t work. Even working remotely should be avoided, because misalignment can creep in whenever colleagues aren’t together full-time, in the same place, every day. If you’re deciding whether to bring someone on board, the decision is binary. Ken Kesey was right: you’re either on the bus or off the bus.
- Peter Thiel
Being productive gives people a sense of satisfaction and fulfillment that loafing never can.
- Zig Ziglar
The Group is rapidly increasing its activities in Mainland China, where it now has projects ranging from landmark commercial developments in the major cities of Beijing and Shanghai to massive residential schemes in the second-tier cities.
- Lee Shau Kee
For a company to be valuable it must grow and endure, but many entrepreneurs focus only on short-term growth. They have an excuse: growth is easy to measure, but durability isn’t.
- Peter Thiel
Applause is a receipt, not a bill.
- Dale Carnegie
There are only two ways to influence human behavior: you can manipulate it or you can inspire it.
- Simon Sinek
If you think you are leading and turn around to see no one following, then you are just taking a walk.
- Benjamin Hooks
If all my bridge coach ever told me was that I was ‘satisfactory,’ I would have no hope of ever getting better. How would I know who was the best? How would I know what I was doing differently?
- Bill Gates
You can start right where you stand and apply the habit of going the extra mile by rendering more service and better service than you are now being paid for.
- Napoleon Hill
You will never change what you tolerate.
- Joel Olsteen
There is nothing so useless as doing efficiently that which should not be done at all.
- Peter Drucker
My little girls are the most beautiful women in the world. I am a lucky, lucky man. I will spend every day making sure that they know this.
- Russell Simmons
One reason I encourage people to blog is that the act of doing it stretches your available vocabulary and hones a new voice.
- Seth Godin
One of [Bill] Bowerman’s more legendary innovations is the Waffle outsole, which he discovered by pouring rubber into a waffle iron.
- Phil Knight
You need to invent things and you need to get them to people. You need to commercialize those inventions. Obviously, the best way we’ve come up with doing that is through companies.
- Larry Page
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
When I was growing up, I always knew I’d be in the top of my class in math, and that gave me a lot of self-confidence.
- Sergey Brin
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
As a businessperson, I don’t have the power to change the government. That is in the hands of the political leaders. However, as a taxpayer, we have the right to be critical of the government and demand change.
- Tadashi Yanai
That’s why encouragement is a much more effective teaching device than punishment.
- Dale Carnegie
I’m trying to make God more relevant in our society.
- Joel Olsteen
Use every customer point of contact to weave stories about who you are and what your brand stands for.
- Gary Vaynerchuk
Success in dealing with people depends on a sympathetic grasp of the other person’s viewpoint.
- Dale Carnegie
I’ve seen executives improve their performance and skill sets, I’ve never seen one lose the support of the organization and then regain it.
- Ben Horowitz
The main thing that’s missing in energy is an incentive to create things that are zero-CO2-emitting and that have the right scale and reliability characteristics.
- Bill Gates
When your head of sales interviews for her next job, she won’t want to say that despite the fact that she ran a global sales force with hundreds of employees, her title was “Dude.”
- Ben Horowitz
People who are unable to motivate themselves must be content with mediocrity, no matter how impressive their other talents.
- Andrew Carnegie
When you go through a disappointment, when you go through a loss, don’t stop on that page. Keep moving forward. There’s another chapter in front of you, but you have to be willing to walk into it.
- Joel Olsteen
Advertising works most effectively when it’s in line with what people are already trying to do. And people are trying to communicate in a certain way on Facebook – they share information with their friends, they learn about what their friends are doing – so there’s really a whole new opportunity for a new type of advertising model within that.
- Mark Zuckerberg
Globally, business and government leaders are beginning to dramatically transform their traditional business models into Internet economy business models, … Customers are increasingly seeking Cisco’s expertise to help them through this transformation.
- John Chambers
Determine your destiny or somebody else will.
- Jack Welch
Successful people find value in unexpected places, and they do this by thinking about business from first principles instead of formulas.
- Peter Thiel
Daimler uses Tesla’s battery packs, Mercedes-Benz uses a Tesla powertrain, Toyota uses a Tesla motor. General Motors has even created a task force to track Tesla’s next moves.
- Peter Thiel
We are the most powerful nation on earth. No external power, no terrorist organization, can defeat us. But we can defeat ourselves by getting caught in a quagmire.
- George Soros
Let our advance worrying become advance thinking and planning.
- Winston Churchill
If you want to live your life in a creative way, as an artist, you have to not look back too much. You have to be willing to take whatever you’ve done and whoever you were and throw them away.
- Steve Jobs
It is always more easy to discover and proclaim general principles than to apply them.
- Winston Churchill
Too many people are living below their privileges. It’s because their vision has been clouded by past mistakes, disappointments, or how they were raised. They don’t feel like royalty. They don’t think they could be successful and really accomplish what God has put in their hearts. But I believe today, as I’m speaking faith into you, something is happening on the inside.
- Joel Olsteen
Anyone who prefers owning a part of your company to being paid in cash reveals a preference for the long term and a commitment to increasing your company’s value in the future. Equity can’t create perfect incentives, but it’s the best way for a founder to keep everyone in the company broadly aligned.
- Peter Thiel
believe God is going before my child lining up the right people to come across his path, taking away the wrong people, breaking every force of darkness, opening his eyes to every deception, and giving him the wisdom to make good choices to fulfill his destiny.” The Scripture tells us that the people of Israel.
- Joel Olsteen
Pale ink is better than the most retentive memory.
- Harvey Mackay
Boadicea then turned upon Verulamium (St Albans). Here was another trading centre, to which high civic rank had been accorded. A like total slaughter and obliteration was inflicted. “No less”, according to Tacitus, “than seventy thousand citizens and allies were slain” in these three cities. “For the barbarians would have no capturing, no selling, nor any kind of traffic usual in war; they would have nothing but killing, by sword, cross, gibbet, or fire.” These grim words show us an inexpiable war like that waged between Carthage and her revolted mercenaries two centuries before. Some high modern authorities think these numbers are exaggerated; but there is no reason why London should not have contained thirty or forty thousand inhabitants, and Colchester and St Albans between them about an equal number. If the butcheries in the countryside are added the estimate of Tacitus may well stand. This is probably the most horrible episode which our Island has known. We see the crude and corrupt beginnings of a higher civilisation blotted out by the ferocious uprising of the native tribes. Still, it is the primary right of men to die and kill for the land they live in, and to punish with exceptional severity all members of their own race who have warmed their hands at the invaders’ hearth.
- Winston Churchill
Getting things done in this country, if you want to build something, if you want to start a company, it’s getting to be virtually impossible with all of the bureaucracy and all of the approvals.
- Donald Trump
Medicare and Medicaid costs are skyrocketing. The cost of compliance with some pretty tough rules has become very costly. If I’m small, I have to spend the same amount of money to comply with Medicare, whether I’m 10 members or if I’m 10 million.
- George Paz
Play like you’re ten points behind in the final quarter. I’ve always heard this defined as operational cadence – creating a rat-a-tat-tat rhythm of doing business that drives the relentless pursuit of results. Whatever I’ve learned about creating a sense of urgency started when I worked for Howard Davis at Tracy Locke. He really knew how to push people. Everything had to be done yesterday. And I was one of the people who go pushed. Howard was a master of intimidation. Everyone knew if you didn’t give him what he wanted, he was going to find another way to get it, and if your weren’t part of the solution then you were part of the problem. The clients loved Howard because they knew he’d kill for them (and none of us wanted to be killed). It wasn’t always comfortable, but it taught me the value of constantly putting pressure on myself and the people who work for me. In corporate America, pressure is a way of life, so rather that resist it or merely accept it, you have to learn to use it as a personal motivator.
- David Novak
De-escalating the rivalry post-merger wasn’t easy, but as far as problems go, it was a good one to have.
- Peter Thiel
If I go public, I’ll stick to it.
- David Novak
If you think your people are negative, then you had better check your attitude. Who you are is who you attract. This is the LAW of Magnetism.
- John Maxwell
Beaujolais is so underrated.
- Gary Vaynerchuk
Singleness of purpose is one of the chief essentials for success in life, no matter what may be one’s aim.
- John D. Rockefeller
Being aware of your fear is smart. Overcoming it is the mark of a successful person.
- Seth Godin
In the old world, you devoted 30% of your time to building a great service and 70% of your time to shouting about it. In the new world, that inverts.
- Jeff Bezos
Success means doing the best we can with what we have. Success is the doing, not the getting; in the trying, not the triumph. Success is a personal standard, reaching for the highest that is in us, becoming all that we can be.
- Zig Ziglar
The greatest mistake we make is living in constant fear that we will make one.
- John C. Maxwell
Cruel and Darwinian? Try Fair and Effective.
- Jack Welch
Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.
- George Soros
A change is as good as a rest.
- Winston Churchill
We think of Starbucks not as a coffee company but a media company.
- Howard Schultz
Those convinced against their will are of the same opinion still.
- Dale Carnegie
In the 1950s, people welcomed big plans and asked whether they would work. Today a grand plan coming from a schoolteacher would be dismissed as crankery, and a long-range vision coming from anyone more powerful would be derided as hubris. You can still visit the Bay Model in that Sausalito warehouse, but today it’s just a tourist attraction: big plans for the future have become archaic curiosities.
- Peter Thiel
In the course of my life, I have often had to eat my words, and I must confess that I have always found it a wholesome diet.
- Winston Churchill
Globalization has made copper and other minerals more valuable, and Ghana and Kenya have recently discovered mineral resources.
- Bill Gates
I’ve got to keep breathing. It’ll be my worst business mistake if I don’t.
- Steve Martin
One thing only I know, and that is that I know nothing.
- Dale Carnegie
The only definition by which America’s best days are behind it is on a purely relative basis.
- Bill Gates
Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.
- Warren Buffett
Here’s a statistician joke for your next hot date: Person A: What happens when Bill Gates walks into a bar of 55 people? Person B: I don’t know. What? Person A: The average net worth jumps to more than a billion dollars!
- Timothy Ferriss
Every day brings a chance for you to draw in a breath, kick off your shoes, and dance.
- Oprah Winfrey
Rockets are cool. There’s no getting around that.
- Elon Musk
I definitely believe that the so-called American decline is greatly exaggerated.
- Prince Al Waleed Bin Talal Alsaud
In the Next Society’s corporation, top management will be the company. Everything else can be outsourced.
- Peter Drucker
One ought never to turn one’s back on a threatened danger and try to run away from it. If you do that, you will double the danger. But if you meet it promptly and without flinching, you will reduce the danger by half. Never run away from anything. Never!
- Winston Churchill
You have to keep your goal in mind and never lose sight of it. I envisioned myself winning the heavyweight title for ten years before I actually captured it. If you’re not driven to do your best, you’ll never reach the level of excellence in your life.
- George Foreman
Safari, so goody.
- Winston Churchill
The thorough man of business knows that only by years of patient, unremitting attention to affairs can he earn his reward, which is the result, not of chance, but of well-devised means for the attainment to ends.
- Andrew Carnegie
Few people are logical. Most of us are prejudiced and biased. Most of us are blighted with preconceived notions, with jealousy, suspicion, fear, envy and pride.
- Dale Carnegie
You can always count on the Americans to do the right thing, after they have exhausted all the other possibilities.
- Winston Churchill
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
Leadership must wake up every day with the mission of Finding a Better Way Every Day…There are no modest revolutions…GE was a place where the people got up everyday to searching for a better way.
- Jack Welch
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
Facebook is inherently viral. There are lots of sites that include a contact importer, and for lots of them it doesn’t really make sense. For Facebook it fits so well. It wasn’t until a few years in that we started building some tools that made it easier to import friends to the site. That was a huge thing that spiked growth.
- Mark Zuckerberg
We made a disastrous move into casual shoes.
- Phil Knight
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
It used to be the case, like you’d switch jobs, and then maybe you wouldn’t keep in touch with all the people that you knew from that old job, just because it was too hard. But one of the things that Facebook does is it makes it really easy to just stay in touch with all these people.
- Mark Zuckerberg
In general, the apparel industry isn’t about continual process improvement or making the perfect piece of denim; it’s about chasing trends.
- Tadashi Yanai
Time is wasted because there is so much time available.
- Timothy Ferriss
Even if we are right and the other person is definitely wrong, we only destroy ego by causing someone to lose face. The legendary French aviation pioneer and author Antoine de Saint-Exupéry wrote: I have no right to say or do anything that diminishes a man in his own eyes. What matters is not what I think of him, but what he thinks of himself. Hurting a man in his dignity is a crime.
- Dale Carnegie
The royal road to a man’s heart is to talk to him about the things he treasures most.
- Dale Carnegie
The man who has no imagination has no wings.
- Muhammad Ali