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The boss must first distinguish between action information and status information. He must discipline himself not to act on problems read more
The boss must first distinguish between action information and status information. He must discipline himself not to act on problems his managers can solve, and never to act on problems when he is explicitly reviewing status. I once knew a boss who invariably picked up the phone to give orders before the end of the first paragraph in a status report. That response is guaranteed to squelch full disclosure.
If you can run one business well, you can run any business well.
If you can run one business well, you can run any business well.
The entire essence of America is the hope to first make money -- then make money with money -- then read more
The entire essence of America is the hope to first make money -- then make money with money -- then make lots of money with lots of money.
The dynamics of capitalism is postponement of enjoyment to the constantly postponed future.
The dynamics of capitalism is postponement of enjoyment to the constantly postponed future.
Do not fear mistakes. You will know failure. Continue to reach out.
Do not fear mistakes. You will know failure. Continue to reach out.
A gift blinds the wise and perverts the words of the righteous.
A gift blinds the wise and perverts the words of the righteous.
The financial climate is the worst it's been in 25 years.
The financial climate is the worst it's been in 25 years.
The highest use of capital is not to make more money, but to make money do more for the betterment read more
The highest use of capital is not to make more money, but to make money do more for the betterment of life.
We live in a time of transition, an uneasy era which is likely to endure for the rest of this read more
We live in a time of transition, an uneasy era which is likely to endure for the rest of this century. During the period we may be tempted to abandon some of the time-honored principles and commitments which have been proven during the difficult times of past generations. We must never yield to this temptation. Our American values are not luxuries, but necessities - not the salt in our bread, but the bread itself.
in his farewell address.
