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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The desire of businessmen for profits is what drives prices down unless forcibly prevented from engaging in price competition, usually read more
The desire of businessmen for profits is what drives prices down unless forcibly prevented from engaging in price competition, usually by governmental activity.
Nothing hurts more than having to pay an income tax, unless it is not having to pay an income tax.
Nothing hurts more than having to pay an income tax, unless it is not having to pay an income tax.
The way to get things done is not to mind who gets the credit for doing them.
The way to get things done is not to mind who gets the credit for doing them.
Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded- here and there, read more
Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded- here and there, now and then- are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right-thinking people. Whenever this tiny minority is kept from creating, or (as sometimes happens) is driven out of a society, the people then slip back into abject poverty.This is known as "bad luck.".
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 rich man is nothing but a poor man with money.
A rich man is nothing but a poor man with money.
A man's indebtedness is not virtue; his repayment is. Virtue begins when he dedicates himself actively to the job of read more
A man's indebtedness is not virtue; his repayment is. Virtue begins when he dedicates himself actively to the job of gratitude.
You don't want to get the same kind of advice from everyone on your board.
You don't want to get the same kind of advice from everyone on your board.
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.
