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Business leader quotes for entrepreneurs

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Business leader quotes for entrepreneurs

  1. 1. Influential Business Quotes for Entrepreneurs From Acclaimed Business Leaders
  2. 2. On Employees
  3. 3. …effective executives do not start out by looking at weaknesses. You cannot build performance on weaknesses. You can build only on strengths. Make weaknesses irrelevant.
  4. 4. Giving people self confidence is by far the most important thing that I can do because then they will act.
  5. 5. The essence of competitiveness is liberated when we make people believe that what they think and do is important – and then get out of their way while they do it.
  6. 6. On Customers
  7. 7. The most important single thing is to focus obsessively on the customer. Our goal is to be earth’s most customer centric company.
  8. 8. For something this complicated, it’s really hard to design products by focus groups. A lot of times, people don’t know what they want until you show it to them.
  9. 9. Choose your customers. Fire the ones that hurt your ability to deliver the right story to the others.
  10. 10. Our point of view is we will sell more if we help people make purchasing decisions.
  11. 11. A lot of people in our industry haven’t had very diverse experiences. So they don’t have enough dots to connect, and they end up with very linear solutions without a broad perspective on the problem. The broader one’s understanding of the human experience, the better design we will have.
  12. 12. On Business Priorities
  13. 13. Time is the scarcest resource and unless it is managed, nothing else can be managed.
  14. 14. Business has only two functions – marketing and innovation. All the rest are costs.
  15. 15. On Marketing
  16. 16. Conversations among the members of your marketplace happen whether you like it or not. Good marketing encourages the right sort of conversations.
  17. 17. The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.
  18. 18. Products that are remarkable get talked about.
  19. 19. In a crowded marketplace, fitting in is failing. In a busy marketplace, not standing out is the same as being invisible.
  20. 20. A brand for a company is like a reputation for a person. You can earn reputation by trying to do hard things well.
  21. 21. Most organizations spend their time marketing to the crowd. Smart organizations assemble the tribe.
  22. 22. On Dealing With Change
  23. 23. Within five years, if you’re in the same business you are in now, you’re going to be out of business.
  24. 24. Face reality as it is, not as it was or as you wish it to be.
  25. 25. The best way to predict the future is to create it.
  26. 26. Change, BEFORE you have to.
  27. 27. Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while.
  28. 28. On Experimentation
  29. 29. We were willing to go down a bunch of dark passageways and occasionally we find something that really works.
  30. 30. What’s dangerous is not to evolve.
  31. 31. On Learning
  32. 32. We now accept the fact that learning is a lifelong process of keeping abreast of change. And the most pressing task is to teach people how to learn.
  33. 33. That’s been one of my mantras — focus and simplicity. Simple can be harder than complex: You have to work hard to get your thinking clean to make it simple. But it’s worth it in the end because once you get there, you can move mountains.
  34. 34. An organization’s ability to learn and translate that learning into action rapidly is the ultimate competitive advantage.
  35. 35. You can’t connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something — your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life.
  36. 36. On Initiative
  37. 37. The easiest thing is to react. The second easiest is to respond. But the hardest thing is to initiate.
  38. 38. I’m convinced that about half of what separates the successful entrepreneurs from the non- successful ones is pure perseverance.
  39. 39. The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.
  40. 40. Every interaction, every assignment, is a chance to make a change, a chance to delight or surprise or to touch someone.
  41. 41. Your time is limited, so don't waste it living someone else's life.
  42. 42. On Competition
  43. 43. If you don’t have a competitive advantage, don’t compete.
  44. 44. Key Takeaways • Employees, customers are #1 • People focus • Make a difference attitude • Necessity to adapting to change • Continuous learning • Be persistent
  45. 45. Final Thoughts
  46. 46. Actively manage your company’s culture based on these mindsets, skills and core values
  47. 47. Never stop the learning process
  48. 48. About Dr. Schoultz Dr. Schoultz has thirty five years of business development, marketing, technology, and business operations experience. He served as VP / President of Distribution Technologies, a company he helped to found and grow to a 700 M + / year market leader. Dr. Schoultz Ph. D. is from the University of Virginia.
  49. 49. Thank You ! • mschoultz@yahoo.com • Twitter: mikeschoultz
  50. 50. Coming Soon ! Digital Spark Marketing Consulting, LLC