If you have to compete based on capital, the giant always wins. If you can compete based on smarts, flexibility, and willingness to give more for less, then small companies like Bloomberg clearly have an advantage.
Those enterprises that see new needs and react more quickly, win!
And, as I would learn later on in my life – at Salomon Brothers and in my own company – it’s the “doers”, the lean and hungry ones, those with ambition in their eyes and fire in their bellies and no notions of social caste, who go the furthest and achieve the most.
The changing climate should be seen as a series of discrete, manageable problems that can be attacked from all angles simultaneously. Each problem has a solution. And better still, each solution can make our society healthier and our economy stronger.
For the first time in the history of the world more people will die from overeating than undereating this year.
A better way to evaluate a company is to talk to the experts. No, I don’t mean journalists or analysts. I mean those who really know what’s going on and what the potential.
If you’re going to succeed, you need a vision, one that’s affordable, practical, and fills a customer need. Then, go for it. Don’t worry too much about the details. Don’t second-guess your creativity. Avoid overanalyzing the new project’s potential. Most importantly, don’t strategize about the long term too much.
Every morning when we get up, we relish the day’s upcoming battles. They keep us alive, and they keep Bloomberg’s corporate family thriving. We can’t wait for tomorrow. Who says we can’t do that? What do you mean they’ll beat us? Have them put on their boxing gloves, and send them into the ring. We’re ready!