No reward without responsibility, no investment without involvement, no profit without participation. Dr. Michael Schluter – British economist, author, speaker and social entrepreneur (b. 1947), during his presentation at the European Economic Summit Declaration 2014
Any damn fool can put on a deal, but it takes genius, faith and perseverance to create a brand. David Ogilvy - legendary British advertising executive and entrepreneur (1911-1999), from "The Unpublished David Ogilvy" (1988), Quotations book 2018
The seven most expensive words in any business are: "We have always done it that way!" Catherine DeVrye – Australian motivational speaker and entrepreneur: Greatmotivation, Quotations book 2019
You don’t build a business – you build people – and then people build your business. Zig Ziglar - American author, motivational speaker and entrepreneur (1926-2012), Quotations book 2018
The best executive is one who has sense enough to pick good people to do what he wants done, and self-restraint enough to keep from meddling with them while they do it. Thaddeaus Hammond - American banker and former farmer, president of the Farmers" National Bank and the Rotary Club Overton, from J. R. Sprague"s "Big Business-itis", in "The Rotarian" N° 27 (3. September...
If you accept my thesis that many aging tech companies resemble the Walking Dead, you should also accept the follow-up proposition that what these companies need are not "visionary" CEOs but pragmatic ones, less Steve the visionary, and more Larry the Liquidator, a person with limited ambitions and a readiness to preside over the dismantling of an enterprise. Prof. Aswath Damodaran –...
The builders of visionary companies tend to be clock builders, not time tellers. They concentrate primarily on building an organization – building a ticking clock – rather than on hitting a market just right with a visionary product idea. James C. "Jim" Collins – American business consultant, author and academic (b. 1958), in "Built to Last: Successful Habits of Visionary Companies" (2002),...
Since the Industrial Revolution began, going downstream – investing in businesses that will benefit from new technology rather than investing in the technology companies themselves – has often been the smarter strategy. Ralph Wanger - American fund manager (b. 1934), Quotations book 2019
If you always hire people who are smaller than you are, we shall become a company of dwarfs. If, on the other hand, you always hire people who are bigger than you are, we shall become a company of giants. David Ogilvy - legendary British advertising executive and entrepreneur (1911-1999), Quotations books 2002 + 2018
Hire people who are better than you are, then leave them to get on with it. David Ogilvy - legendary British advertising executive and entrepreneur (1911-1999), Quotations book 2018
If you"re competitor-focused, you have to wait until there is a competitor doing something. Being customer-focused allows you to be more pioneering. Jeffrey P. "Jeff" Bezos - American company founder: Amazon (b. 1964), from an U.S.-News-interview with David LaGesse (2008), Quotations book 2018
If you"re looking for a home run – a great investment for five years or ten years or more – then the only way to beat this enormous fog that covers the future is to identify a long-term trend that will give a particular business some sort of edge. Ralph Wanger – American fund manager (b. 1933), Quotations book 2019
Leadership is discovering the company"s destiny and having the courage to follow it ... companies that endure have a noble purpose. Joseph "Joe" Jaworski – American lawyer and business advisor, American Leadership Forum (b. 1934), Quotations book 2018
It’s the investor’s job to intelligently bear risk for profit. Doing it well is what separates the best from the rest. Howard S. Marks - American investor, Co-Chairman Oaktree Capital Management (b. 1946), from "The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor" (2012), Quotations book 2018
The most important investment judgements at most big institutions and for most large portfolios are made by committees, but few realize the negative dynamics of group interaction. I think that, in most instances, groups of intelligent people have so many inherent liabilities that a lone individual has a far better chance of making good decisions. The collective intelligence of the group is...
Business is not about ideas, it’s about initiatives. Sergio Zyman - Mexican marceting executive and Company founder, advisor for Coca Cola (b. 1945), Quotations book 2017
The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought. Prof. Dr. Rüdiger "Rudi" Dornbusch - German-born American economist (1942-2002), in an interview for "Frontline" (PBS, 1995), Quotations book 2018
Managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation. Warren Buffett - American investor, Chairman of Berkshire Hathaway (b. 1930), in his letter to Berkshire Shareholders (1982), Quotations book 2017
The time to reflect on your methods is when you are most successful, not when you are making the most mistakes. Sir John Marks Templeton - value investor and philanthropist (1912-2008), Quotations book 2017