Quotes About Strategy

Coach education in Germany is actually very good, but I do not understand why many coaches do not have the guts to push through an idea when they have lost two or three times.

Defenses usually are trying to take away the guys who are getting a lot of catches earlier in the season.

I used to enjoy back-picking big guys all the time.

My approach to gymnastics in Beijing was heavily based on the amount of difficulty I could do.

Consumer habits are key to understanding how to launch a product.

A team is constructed with time and automatismos, habits, mechanisms.

Growth hacking is the future of marketing. It has to be.

For us as coaches, we're in a different locker room. So we're coming in pregame, halftime. They spend a lot more time in that locker room than coaches.

Give me a lead of 14-0 at halftime and I will dictate the final score.

It doesn't matter which era you play in. Wickets are the only way you can contain. Restricting the batsmen to six runs in the first over may look okay but in the next over they will hammer the other bowler. Giving ten runs and taking a wicket - I'll take that any day.

I really don't like showing my hand.

And above all, work smarter instead of harder.

Consider having the operating entities hold fewer assets and lease expensive assets from the asset-owning entities.

using the legal system to his advantage

if an LLC had not been used the result would have been much worse.

you are better off not using a general partnership in the first place.

creditors will go after the easiest target with the deepest pockets.

Brendan makes $200,000 a year in his pool cleaning business. As a single-member LLC, he would pay over $18,000 in payroll taxes on the entire $200,000 profit. If Brendan used an S corporation and paid himself a $72,000 a year salary and flowed the rest through as profits without payroll taxes, his payroll taxes would be $11,000 per year. As such, Brendan could save $7,000 a year, year in and year out, by using an S corporation over an LLC. Who says choice of entity isn't important?

To avoid the double tax of a C corporation, most C corporation owners make sure there are no profits at the end of the year. Instead, they use all the write-offs allowed to reduce their net income.

When holding an asset, as a general rule you will be better protected using an LLC instead of a corporation.

you don't want a lot of assets in one LLC (or LP). An LLC that holds ten properties is a much bigger target than ten LLCs each holding one property. In the first case, a fall at one property exposes the other nine properties to attack.

Well, I once recall an old master sergeant once telling me that NCOs look after the men so that officers can figure out how to get them killed. That's the difference between maintenance and command.

In politics, nothing happens by accident. If it happens, you can bet it was planned that way.

Throughout this book we'll gradually build an argument that many individuals should consider an automatic approach to investing by relying primarily on mutual funds—specifically index mutual funds, which try to do nothing more than mimic the performance of the stock and bond markets in general.