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    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.

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  12  /  9  

Honor sinks where commerce long prevails.

Honor sinks where commerce long prevails.

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  21  /  36  

My riches consist not in the extent of my possessions, but in the fewness of my wants.

My riches consist not in the extent of my possessions, but in the fewness of my wants.

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The most important benefit of population size and growth is the increase it brings to the stock of useful knowledge. read more

The most important benefit of population size and growth is the increase it brings to the stock of useful knowledge. Minds matter economically as much as, or more than, hands or mouths.

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The five essential entrepreneurial skills for success: Concentration, Discrimination, Organization, Innovation and Communication.

The five essential entrepreneurial skills for success: Concentration, Discrimination, Organization, Innovation and Communication.

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Sell cheap and tell the truth.

Sell cheap and tell the truth.

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There ain't no such thing as a free lunch."
A Libertarian Movement slogan - The Moon Is a Harsh Mistress, read more

There ain't no such thing as a free lunch."
A Libertarian Movement slogan - The Moon Is a Harsh Mistress, 1907.

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What the customer demands is last year's model, cheaper. To find out what the customer needs you have to understand read more

What the customer demands is last year's model, cheaper. To find out what the customer needs you have to understand what the customer is doing as well as he understands it. Then you build what he needs and you educate him to the fact that he needs it.

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Make a customer, not a sale.

Make a customer, not a sale.

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The worst crime against working people is a company which fails to operate at a profit.

The worst crime against working people is a company which fails to operate at a profit.

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