Unless commitment is made, there are only promises and hopes; but no plans.
The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.
There are only two things in a business that make money – innovation and marketing, everything else is cost.
Work is an extension of personality. It is achievement. It is one of the ways in which a person defines himself, measures his worth, and his humanity.
If “socialism” is defined as “ownership of the means of production” – and this is both the orthodox and the only rigorous definition – then the United States is the first truly Socialist country.
As to the idea that advertising motivates people, remember the Edsel.
Knowledge applied is productivity.
Unless a decision has degenerated into work, it is not a decision; it is at best a good intention.
The person who will make the greatest contribution to a company is the mature person-and you cannot have maturity if you have no life or interest outside the job.
Making changes to better appeal to customers is innovation.
The computer, being a mechanical moron, can handle only quantifiable data.
No society can function as a society, unless it gives the individual member social status and function, and unless the decisive social power is legitimate.
The society of organizations is new-only seventy years ago employees were a small minority in every society.
The large organization has to learn to innovate, or it won’t survive.
Education gives you neither experience nor wisdom.
When the business grows, the person who founded it is incredibly busy. Rapid growth puts an enormous strain on a business. You outgrow your production facilities. You outgrow your management capabilities.
Mother Teresa’s numerical results were not her greatest contribution. Instead, she made the world-and especially India-conscious of compassion.
They wrongly believe that good intentions move mountains. Bulldozers move mountains. But there are exceptions.
I’m a writer. I could not or would not ever run a business. I don’t even have a secretary. And contrary to some of the stereotypes, entrepreneurs are not loners. I am.
Entrepreneurs believe that profit is what matters most in a new enterprise. But profit is secondary. Cash flow matters most.