Quotes About Management

In an educated society with a well-run government, prices should actually come down.

Heaven forbid a bean-counter takes over a business. All they do is look at the numbers, fire people, and kill the business.

Keteranpilan yang sebenarnya adalah mengelola dan mengganjar orang yang lebih pandai dari Anda dalam sejumlah bidang teknis. Iti sebabnya perusahaan mempunyai dewan direksi. Anda juga harus memilikinya. Itulah kecerdasan keuangan.

1.? Ownership or control of systems, and 2.? The ability to lead people.

Robert asks his students how many of them can make a better hamburger than McDonald's. Most raise their hands. But the reason McDonald's is making millions and they aren't is because McDonald's is excellent at business systems.

More money will not solve the problem if cash-flow management is the problem.

When I ask the classes I teach, "How many of you can cook a better hamburger than McDonald's?" almost all the students raise their hands. I then ask, "So if most of you can cook a better hamburger, how come McDonald's makes more money than you?" The answer is obvious: McDonald's is excellent at business systems.

Un buen administrador me permite comprar más bienes raíces porque no tengo que ocuparme de reparar los inodoros.

Real estate gives the investor much more hands-on control over their assets.

when it comes to money, high emotions tend to lower financial intelligence.

Many people only manage people they feel smarter than and they have power over. Many middle managers remain middle managers, failing to get promoted, because they know how to work with people below them, but not with people above them. The real skill is to manage and reward the people who are smarter than you in some technical area. That is why companies have a board of directors. You should have one too. That is financial intelligence.

The answer is obvious: McDonald's is excellent at business systems. The reason so many talented people are poor is because they focus on building a better hamburger and know little to nothing about business systems.

An investor is a person who actively manages his or her own portfolio or account.

This decision had left the company deeply in debt and about to go bankrupt.

An investor knows what to analyze and how to manage investments. A trader knows how and when to buy and sell.

The better you can lead a team of smart, qualified people without having to work as part of the team, the better and bigger entrepreneur you can become

Los empleados trabajan sólo lo suficiente para no ser despedidos, y los dueños pagan sólo lo suficiente para que los empleados no renuncien.

you want to build a small business, you don't need to master numbers. But if you want build a large worldwide business, numbers become everything, not words.

The three most important management skills necessary to start your own business are management of: 1.?Cash flow 2.?People 3.?Personal time

Learn to manage risk.

Money only accentuates the cash-flow pattern running in your head. If your pattern is to spend everything you get, most likely an increase in cash will just result in an increase in spending. Thus, the saying, "A fool and his money is one big party.

1.?Businesses that do not require his presence: He owns them, but they are managed or run by other people. If he has to work there, it's not a business. It becomes his job. 2.?Stocks 3.?Bonds 4.?Income-generating real estate 5.?Notes (IOUs) 6.?Royalties from intellectual property such as music, scripts, and patents

For the World War II generation, it was considered bad to skip from company to company. Today, it is considered smart. It enables you to learn more and will pay dividends in the long runs. The main management skills needed for success are: 1) Management of cash flow, 2) Management of systems, and 3) Management of people. And the most important specialized skills are sales and marketing. Communication skills such as writing, speaking, and negotiating are crucial to a life of success.

2.?When you come up short, let the pressure build and don't dip into your savings or investments.