You can only have two things in life, reasons and results. Reasons don’t count.
Above all, keep it simple.
The entrepreneur shifts economic resources out of an area of lower and into an area of higher productivity and greater yield.
Unless structure follows strategy, inefficiency results.
I take the market-efficiency hypothesis to be the simple statement that security prices fully reflect all available information.
Lazy hands make a man poor, but diligent hands bring wealth.
It is not that we have too little time to do all the things we need to do, it is that we feel the need to do too many things in the time we have.
Measurement is the first step that leads to control and eventually to improvement. If you can’t measure something, you can’t understand it. If you can’t understand it, you can’t control it. If you can’t control it, you can’t improve it.
My motto is: ‘Keep it simple, stupid. Work smart, not hard.’
There are four purposes of improvement: easier, better, faster, and cheaper. These four goals appear in the order of priority.
All we are doing is looking at the time line, from the moment the customer gives us an order to the point when we collect the cash. And we are reducing the time line by reducing the non-value adding wastes.
The more inventory a company has, the less likely they will have what they need.
Costs do not exist to be calculated. Costs exist to be reduced.
Essentialism: only once you give yourself permission to stop trying to do it all, to stop saying yes to everyone, can you make your highest contribution towards the things that really matter.
I want to do one thing, and do it well.
There’s no time to waste. Every day, there needs to be movement on something.
Productivity and efficiency can be achieved only step by step with sustained hard work, relentless attention to details and insistence on the highest standards of quality and performance.
Find out what works, and do more of that.
Just because you are doing a lot more doesn’t mean you are getting a lot done. Don’t confuse movement with progress!
Think twice, code once.