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Business Quotes

“The leaders who work most effectively, it seems to me, never say "I." And that's not because they have trained themselves not to say "I." They don't think "I." They think "we"; they think "team." They understand their job to be to make the team function. They accept responsibility and don't sidestep it, but "we" gets the credit. This is what creates trust, what enables you to get the task done.”

“You ask whether I have ever been in love: fool as I am, I am not such a fool as that. But if one is only to talk from first-hand experience, conversation would be a very poor business. But though I have no personal experience of the things they call love, I have what is better - the experience of Sappho, of Euripides, of Catallus, of Shakespeare, of Spenser, of Austen, of Bronte, of anyone else I have read.”

“Just really, really believe in what you're trying to do. Don't let people alter that. Let people advise you and lead you down paths to make smart business decisions. But trust your instinct and trust that overwhelming drive that made you put all your dreams and everything on the line.”

“He who asks is a fool for five minutes, but he who does not ask remains a fool forever.”

“Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give.”

“It's unwise to pay too much, but it's worse to pay too little. When you pay too much, you lose a little money - that's all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot - it can't be done. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better.”

“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.”

“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.”

“Risk comes from not knowing what you're doing.”

“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.”

“It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”

“In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.”