Business Advice From the Richest People in the World
Transcript
- 1. Business Advice Richest People in the World
- 2. WARREN BUFFETChairman & CEO, Berkshire Hathaway; American Businessman, Philanthropist, and Investor
- 3. “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.”
- 4. “Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.”
- 5. “No matter how great the talent or effort, some things just take time. You can't produce a baby in one month by getting nine women pregnant.”
- 6. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”
- 7. SHERYL SANDBERGCOO, Facebook; American Tech Executive, Philanthropist, Author, and Activist
- 8. “If you're offered a seat on a rocket ship, don't ask what seat. Just get on.”
- 9. “I realized that searching for a mentor has become the professional equivalent of waiting for Prince Charming.”
- 10. “The reason I don't have a plan is because if I have a plan, I'm limited to today's options.”
- 11. “It is the ultimate luxury to combine passion and contribution.”
- 12. JEFF BEZOSFounder, Chairman & CEO, Amazon; American Tech Entrepreneur, Media Magnate, and Investor
- 13. “The great thing about fact-based decisions is that they overrule the hierarchy.”
- 14. “If you're competitor- focused, you have to wait until there is a competitor doing something. Being customer-focused allows you to be more pioneering.”
- 15. “Your margin is my opportunity.”
- 16. RICHARD BRANSONFounder, Virgin Group; English Businessman and Investor
- 17. “Entrepreneurial business favours the open mind. It favours people whose optimism drives them to prepare for many possible futures, pretty much purely for the joy of doing so.”
- 18. “Business opportunities are like buses. There's always another one coming.”
- 19. “Don’t think ‘what’s the cheapest way to do it?’ or ‘what’s the fastest way to do it?’ … Think ‘what’s the most amazing way to do it?’”
- 20. SHARI ARISONOwner, Arison Investments; American-Israeli Businesswoman and Philanthropist
- 21. “I find that when you lead with vision and values, engaging employees and showing them that values are just as important as profits, everyone comes on board.”
- 22. “Business is not a spiritual matter. When I founded the Essence of Life, the person appointed to head it was a former colonel in the army. Can anything be more down-to-earth than that?”
- 23. BILL GATESCEO Cascade Investment; Co-Chair Bill & Melinda Gates Foundation; Former Microsoft CEO; American Inventor, Programmer, Investor, and Philanthropist
- 24. “As we look ahead into the next century, leaders will be those who empower others.”
- 25. “Success is a lousy teacher. It seduces smart people into thinking they can't lose.”
- 26. FOLORUNSHO ALAKIJAManaging Director, The Rose of Sharon Group and Executive Vice Chairman, Famfa Oil Limited; Nigerian Philanthropist and Business Tycoon
- 27. “Most people want to get rich ‘quick.’ In fact very quickly, without putting the work or effort in.”
- 28. LARRY PAGECo-Founder & CEO, Google; American Business Magnate and Computer Scientist
- 29. “You may think using Google's great, but I still think it's terrible.”
- 30. “I would rather have people think we're confused than let our competitors know what we're going to do.”
- 31. “Lots of companies don't succeed over time. What do they fundamentally do wrong? They usually miss the future.”
- 32. MICHAEL DELLFounder, Chairman & CEO, Dell; American Investor, Philanthropist, and Author
- 33. “Don’t spend so much time trying to choose the perfect opportunity, that you miss the right opportunity.”
- 34. “I don’t like to do just the things I like to do. I like to do things that cause the company to succeed. I don’t spend a lot of time doing my favorite activities.”
- 35. “Try never to be the smartest person in the room. And if you are, I suggest you invite smarter people … or find a different room.”
- 36. “If you’re happy, that’s probably the most important thing. Everyone probably has their own definition of success -- for me it’s happiness.”
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