Business related quotes 201 to 250

  1. ‘We are all influenced—subconsciously and to some extent consciously—by what we see others do and approve. Therefore, if everybody’s buying something, we think it is better. We don’t like to be the one guy who is out of step.’ Charlie Munger
  2. ‘So you have to figure out what your own aptitudes are. If you play games where other people have the aptitudes and you don’t, you are going to lose. And that is as close to certain as any prediction that you can make. You have to figure out where you have got an edge. And you have got to play within your own circle of competence.’ Charlie Munger
  3. ‘Indeed, the average result has to be the average result. By definition, not everyone can beat the market. As I always say, the iron rule in life is that only 20% of the people can be in the top fifth. That is just the way it is.’ Charlie Munger
  4. ‘It is not given to human beings to have such talent that they can just know everything about everything all the time. But it is given to human beings who work all the time. But it is given to human beings who work hard at it—who look and sift the world for a mispriced bet—that they can occasionally find one.’ Charlie Munger
  5. ‘And what a diligent, objective curiosity will do for you in this life to elevate you above your intellectual peers—is a lot.’ Charlie Munger
  6. ‘We know, in matrimony, that if you are always available, the spouse is less likely to shift brands. And people don’t tend to organize marriage to include permanent long separations. Similarly, if you are selling a product and it is always available, people are less likely to shift to some other product and get reinforced by it.’ Charlie Munger
  7. ‘All you have to do is open up the psychology texts, assimilate about 16 little doctrines into your repertoire, add the four or five that the books don’t contain or explain well and add better recognition of how these things combine. And boom—you’ve got an edge on the rest of humanity. It’ll help you in business. It will help you in law. It will help you in life. It will help you in love. It will help you in everything.’ Charlie Munger
  8. ‘They’re all hard. But why should it be easy to get rich? In a competitive world, shouldn’t it be impossible for there to be an easy way for everybody to get rich? Of course, they are all hard.’ Charlie Munger
  9. ‘I’m just saying that you can learn to make fewer mistakes than other people—and how to fix your mistakes faster when you do make them. But there is now way that you can live an adequate life without making many mistakes.’ Charlie Munger
  10. ‘You must have the confidence to override people with more credentials than you whose cognition is impaired by incentive-caused bias or some similar psychological force that is obviously present.’ Charlie Munger
  11. ‘Good literature makes the reader reach a little for understanding. Then, it works better. You hold it better. It is the commitment and consistency tendency. If you’ve reached for it, the idea’s pounded in better.’ Charlie Munger
  12. ‘To the extent that you have learned it so well that you have enough confidence to intervene where it takes a little courage, you can add great value. And to the extent that you can prevent or stop some asininity, which would otherwise destroy your firm, your client or something or someone that you care about, you can add great value.’ Charlie Munger
  13. ‘Well, if you’re like me, it is kind of fun for it to be a little complicated. If you want it totally easy and totally laid out, maybe you should be a Moonie. I don’t think that is the way to go. I think you will just have to endure the world—as complicated as it is.’ Charlie Munger
  14. ‘I don’t know what we have to do to win. We played well today… The amount of opportunities and chances we created, we should have won the game. We only have ourselves to blame for not taking those chances, but I thought it was a good performance.’ David Moyes
  15. ‘My advice is: don’t give up. You will be rejected, but being rejected is actually the route to success. Celebrate that, because you have to go through that a few times before you achieve your goal.’ Gerald Ratner
  16. ‘I want players to play with passion, speed, tempo and be brave with imagination, all the things that are expected of a Manchester United player. To work hard but, most of all, enjoy it. As a player I know if I’m enjoying the game I can express myself a lot more.’ Ryan Giggs, new Man U manager
  17. ‘Control over what you do, and how you do it, is one of the most powerful traits you can acquire when creating work you love.’ Cal Newport
  18. ‘When deciding whether to follow an appealing pursuit that will introduce more control into your work life, seek evidence of whether people are willing to pay for it. If you find this evidence, continue. If not, move on.’ Cal Newport
  19. ‘I called this the law of financial viability, and concluded that it’s a critical tool for navigating your own acquisition of control. This holds whether you are pondering an entrepreneurial venture or a new role within an established company. Unless people are willing to pay you, it’s not an idea you’re ready to go after.’ Cal Newport
  20. ‘The point isn’t that money is the root cause of professional unhappiness. It’s not. The problems start occurring when it becomes the priority over all else, when hygiene factors are satisfied but the quest remains only to make more money.’ Clayton Christensen
  21. ‘It is hard to overestimate the power of these motivators – the feeling of accomplishment and of learnings, of being a key player on a team that is achieving something meaningful.’ Clayton Christensen
  22. ‘Depending on your particular circumstances, you should be prepared to experiment with different opportunities, ready to pivot, and continue to adjust your strategy until you find what it is that both satisfies the hygiene factors and gives you all the motivators.’ Clayton Christensen
  23. ‘Work can bring you a sense of fulfillment – but it pales in comparison to the enduring happiness you can find in the intimate relationships that you cultivate with your family and close friends.’ Clayton Christensen
  24. ‘But as you are getting your career off the ground, you will be tempted to do exactly that: assume you can defer investing in your personal relationships. You cannot. The only way to have those relationships bear fruit in your life is to invest long before you need them.’ Clayton Christensen
  25. ‘The thing about Luis Suarez, no matter where he’s playing or who he’s playing for, he’s going to give 100 percent because he’s a street fighter. Whether he’s playing in front of 50 people or 50,000, he’ll do exactly the same.” Ian Rush
  26. ‘Those suffering from boreout are “dissatisfied with their professional situation” in that they are frustrated at being prevented, by institutional mechanisms or obstacles as opposed to by their own lack of aptitude, from fulfilling their potential (as by using their skills, knowledge, and abilities to contribute to their company’s development) and/or from receiving official recognition for their efforts.’ Source: wikipedia
  27. ‘Of course, few if any employees (even among those who would prefer to leave) want to be fired or laid off, so the vast majority are unwilling and unlikely to call attention to the dispensable nature of their role.’ Source: wikipedia
  28. ‘Pseudo-commitment strategy: The pretence of commitment to the job by attending work and sitting at the desk, sometimes after work hours. As well, demotivated employees may stay at their desks to eat their lunch to give the impression that they are working through the lunch hour; in fact, they may be sending personal e-mails or reading an entertainment magazine.’ Source: wikipedia
  29. ‘Stretch your work strategy: This involves drawing out tasks so they take much longer than necessary. For example, if an employee’s sole assignment during a work week is a report that takes three work days, the employee will “stretch” this three days of work over the entire work week.’ Source: wikipedia
  30. ‘There is no bigger pleasure and happiness than when things looks lost, and you win it again. The only thing is that it shortens your life! But for all the rest there is no bigger happiness.’ Arsene Wenger, reflecting on Arsenal’s comeback victory against Hull in the FA cup final
  31. ‘The patients are such characters and the care you give can make a real difference. The thing you have to do is be upbeat. There is no room for negativity. Of course, that can be hard and it is difficult getting it right. The thing is you meet patients at all stages of the journey, but you can make a difference to all of them. You have to shape yourself to your patient. You have to get to know them really well to make a difference. I came into nursing to make a difference. Sometimes it is just the simple things like tucking them in with a blanket can mean the world.’ Louise Baxendale, a nurse
  32. ‘Our desires should not be the ultimate arbiters of vocation. Sometimes we should do what we hate, or what most needs doing, and do it as best we can.’ Gordon Marino
  33. ‘Miya Tokumitsu argued that the “do what you love” ethos so ubiquitous in our culture is in fact elitist because it degrades work that is not done from love. It also ignores the idea that work itself possesses an inherent value, and most importantly, severs the traditional connection between work, talent and duty.’ Gordon Marino
  34. ‘By portraying Apple as a labor of his individual love, Jobs elided the labor of untold thousands in Apple’s factories, conveniently hidden from sight on the other side of the planet — the very labor that allowed Jobs to actualize his love.’ Miya Tokumitsu
  35. ‘People are not well rewarded for drudgery. The greatest rewards go to those who are some mix of creative, unique and insightful. If you hate your job, you’ll struggle to be any of those things; certainly you won’t be close to fulfilling your potential.
  36. ‘Money is not the principal factor in happiness. It may be argued whether, as a factor in happiness, money is of twentieth-rate importance or fiftieth-rate importance. But it cannot be argued whether money, in point of fact, does or does not of itself bring happiness. There can be no doubt whatever that money does not bring happiness. Yet, in the face of this incontrovertible and universal truth, the whole public behaves exactly as if money were the sole or the principal preliminary to happiness.’ Arnold Bennett
  37. ‘There is far more to life than climbing a corporate ladder, including raising children, seeking personal fulfillment, contributing to society, and improving the lives of others. And there are many people who are deeply committed to their jobs but do not – and should not have to – aspire to run their organizations. Leadership roles are not the only way to have profound impact.’ Sheryl Sandberg, Facebook COO (Lean in) *good book for the ladies*
  38. “All I want to do is make better sushi. I do the same thing over and over, improving bit by bit. There is always a yearning to achieve more. I’ll continue to climb, trying to reach the top, but no one knows where the top is.” Jiro Ono
  39. ‘Always look ahead and above yourself. Always try to improve on yourself. Always strive to elevate your craft. That’s what Jiro taught me.’ Yoshikazu Ono
  40. ‘Not all women want careers. Not all women want children. Not all women want both. I would never advocate that we should all have the same objectives. Many people are not interested in acquiring power, not because they lack ambition, but because they are living their lives as they desire. Some of the most important contributions to our world are made by caring for one person at a time. We each have to chart our own unique course and define which goals fit our lives, values and dreams.’ Sheryl Sandberg
  41. ‘It’s your ability to learn quickly and contribute quickly that matters. One of the things I tell people these days is that there is no perfect fit when you’re looking for the next big thing to do. You have to take opportunities and make an opportunity fit for you, rather than the other way around. The ability to learn is the most important quality a leader can have.’ Sheryl Sandberg
  42. ‘We all want a job or role that truly excites and engages us. This search requires both focus and flexibility, so I recommend adopting two concurrent goals: a long-term dream and an eighteen-month plan.’ Sheryl Sandberg|
  43. ‘There is only one criterion mattered when picking a job – fast growth. When companies grow quickly, there are more things to do than there are people to do them. When companies grow more slowly or stop growing, there is less to do and too many people to not be doing them.’ Eric Schmidt
  44. ‘You can’t do it all. No one can have two full-time jobs, have perfect children and cook three meals and e multi-orgasmic till dawn…Superwoman is the adversary of the women’s movement.’ Gloria Steinem
  45. ‘The data shows that people who have had previous successes are more likely to have another success. Their businesses are 30% likely to succeed; first timers are 21% likely to succeed; and people who have previously failed are 22% likely to succeed next time.’ Unknown
  46. ‘Always remember to buy lunch for people who are more knowledgeable than you, richer than you or people who have helped you in your career…After one year, your circle of friends should have generated tremendous value for you.’ Li Ka-Shing
  47. ‘Monthly, spend a small amount of your income to buy books. When you buy the books, read them carefully and learn the lessons and strategies that are being taught in the book.’ Li Ka-Shing
  48. ‘Doing sales is challenging but it is the fastest way for you to acquire the art of selling and this is a very deep skill that you will be able to carry for the rest of you career. All successful entrepreneurs are good salespeople.’ Li Ka-Shing
  49. ‘Always make yourself useful. Increase your investment in networking. When you increase your social investment, expand your network of contacts, your income also grows proportionately. Increase you investment in learning, strengthen your self-confidence, increase investment in holidays, expand your horizons and increase investment in the future and that will ultimately increase your income.’ Li Ka-Shing
  50. ‘Life can be designed. Careers can be planed. Happiness can be prepared. When you are poor, spend less time at home and more time outside. When you are rich, stay at home more and less outside. This is the art of living.’ Li Ka-Shing

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