Quotes About Business

Then Grove posed an interesting question to his partner: If we were kicked out of the company, what do you think the new CEO would do? Grove and Moore reasoned that a new leader would feel no emotional attachment to the declining memory-chip business and would probably leave it behind. So they did likewise, shifting Intel's focus to microprocessors—which set the stage for remarkable growth in the years to follow.

With so much evidence in its favor and with everyone from Einstein to Jobs in its corner, why, then, is questioning underappreciated in business, undertaught in schools, and underutilized in our everyday lives?

In some ways, it can be more difficult or risky for those in authority to question. In Hal Gregersen's study of business leaders who question, he found that they exhibited an unusual "blend of humility and confidence"15—they were humble enough to acknowledge a lack of knowledge, and confident enough to admit this in front of others.

most creative, successful business leaders have tended to be expert questioners. They're known to question the conventional wisdom of their industry, the fundamental practices of their company, even the validity of their own assumptions.

The most important thing business leaders must do today is to be the 'chief question-asker' for their organization," says the consultant Dev Patnaik of Jump Associates. However, Patnaik adds a cautionary note: "The first thing most leaders need to realize is, they're really bad at asking questions.

In the world of business, the people who are most successful are those who are doing what they love.

When a management team with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.

When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.

Your premium brand had better be delivering something special, or it's not going to get the business.

The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.

If a business does well, the stock eventually follows.

It's far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.

I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life.

Rule No. 1 : Never lose money. Rule No. 2 : Never forget Rule No. 1.

Time is the enemy of the poor business and the friend of the great business. If you have a business that's earning 20%-25% on equity, time is your friend. But time is your enemy if your money is in a low return business.

We're more comfortable in that kind of business. It means we miss a lot of very big winners. But we wouldn't know how to pick them out anyway. It also means we have very few big losers - and that's quite helpful over time. We're perfectly willing to trade away a big payoff for a certain payoff.

Do men read "self-help" books? Yes. They are called "business books"—self-help books for dads to do better in their business so their families can do better in life.

Young lawyers attend the courts, not because they have business there, but because they have no business.

I love Johnny Cash, and I respect Johnny Cash. He's the biggest. He's like an Elvis in this business, but no, he's never been the rebel.

is going to be more like a family and less like a business, more a growing network of friends than a set of rules and rituals.

They can't afford to solve the issues because they've turned the conflict itself into profit.

Almost all Iraqis with any previous experience in the intelligence business are Sunni Arab, increasing the risk of penetration of the new intelligence apparatus by the insurgency.

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Twelve hundred for two hours for both." That meant Geri would collect four hundred if the johns came through.