Biz Advice from $Billionaire$, #2

from Strategic Business Stream,com 7/13 enhanced by Peter/CXO Wiz4biz 5/14

Larry Ellison – Oracle
16. “If your cash is about to run out, you have to cut your cash flow. CEOs have to make those decisions and live with them however painful they may be. You have to act & act now, Act in the best interest of the company as a whole, even if it means that some people in the company who are your best friends have to work somewhere else.”
17. “When you innovate, you’ve got to be prepared for people telling you that you are nuts.”

J.Paul Getty – Getty Oil
18. “The man who comes up with a means of doing or producing almost anything better, faster or more economically, has his future and his fortune at his finger tips.”
19. “In times of rapid change, experience could be your worst enemy.”

Warren Buffett – Berkshire Hathaway #2 Richest in USA
20. “In the business world, the rear view is always clearer than the wind shield.”
21. “Somebody once said that in looking to hire people, look for three qualities; Integrity, intelligence & energy. If they don’t have the first, the other two will kill you.

Henry Ford – Ford Motor Company
22. “The competitor to be feared is one who has no respect for your legacy, but goes on making his own business better all the time.”
23. “A business absolutely devoted to service will have one worry about profits. They will be embarrassingly large.” ##

H Ross Perot – Electronic Data Systems
24. “Business is not just doing deals; business is having great products, doing great engineering & providing tremendous service to customers. Finally, business is a cob-web of human relationship.”
25. [Perspective] “If you see a snake, just kill it. Don’t appoint a committee on snakes.”

Ted Turner – CNN
26. “Do something. Either ‘Lead, follow or get out of the way.” ### (copied from others)
27. “Managing isn’t that difficult, you just have to score more runs than the other guy.”

Michael Dell – Dell Computers
28. “Don’t spend so much time trying to choose the perfect opportunity, that you miss the right opportunity.”
29. “Recognize that there will be failures, and acknowledge that there will be obstacles. But you will learn from your mistakes and the mistakes of others, for there is very little learning in success.” –

[ Steve Jobs/Apple, Donald Trump, Jeff Bezos/Amazon, Sam Walton\Walmart, JK Rowling/Harry Potter, Ray Kroc/ McDonald’s Hamburgers, Mark Cuban/Shark Tank/Miami Heat, Larry Page/Google in next Premium Content ]