A Quote by Keith Rabois
Ultimately, I don't believe that you can build a company without a lot of effort, and that you need to lead by example.
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Rationality and the instinct of collaboration have already given us large regions and long periods of peace and prosperity. Ultimately, they will lead us to a planet without countries, without wars, without patriotism, without religions, without poverty, where we will be able to share the world. Actually, maybe I am not sure I truly believe that I believe this, but I do want to believe that I believe this.
What I've learned in my career is that it takes the same amount of effort to build a $10bn company as it does a $1bn company; you as the entrepreneur are going to put your entire life, your entire effort into it.
Understand this - as a new company, if you don't know how to get interested prospects into your company, then you don't have a company. At the same time, if you, as a owner, have to drive every lead into your business, then you need a real lead generation strategy.
I will do anything that is basically covered by the law to reduce Berkshire's tax rate. For example, on wind energy, we get a tax credit if we build a lot of wind farms. That's the only reason to build them. They don't make sense without the tax credit.
You need everyone to get together and just believe in it, and lead by example that it is possible to be outside the system, and that's really super-f - king hard, and I'm sure there's some geniuses out there who can achieve it.
For decades, I've spoken of McDonald's as one of the premier examples of how to build a company, scale it, and ultimately sell it.
I tried to build a company my father would have been proud to work for, that he would have looked back on and said, 'That's the company that honoured me, even though I don't have an education'. I wanted to build a company that had a conscience.
We are a mission-driven company. In order to do this, we have to build a great team. And in order to do that, you need people to know they can make a bunch of money. So we need a business model to make a lot of money.
Sure, you're an intelligent and highly capable individual, and you are learning a lot on the fly as you build your company. But you also need to come to terms with the fact that there are things you have chosen not to be an expert in.
I want to display my failures at every turn, and ultimately I want to lead by example.
We were hoping to build a small profitable company; and of course, what we've done is build a large, unprofitable company.
There's only one thing that regularly keeps me up at night. Working with the greatest people in the world and knowing that they are counting on me to build a company that endures - a company where they can grow professionally. A company where they can build world-class products and be proud to work.
I never dreamed I could build a $100 million company. I just happened to build a $1 million company that became a $5 million company, and so on.
Any time you build a company designed to be sold, you ultimately get less value if it's sold.
Stability can be a good thing, but it can also lead to apathy. I don't want to set that example for my children. I want them to believe in their dreams and to go after them. You do that by example.
I need to be alone. I need to ponder my shame and my despair in seclusion; I need the sunshine and the paving stones of the streets without companions, without conversation, face to face with myself, with only the music of my heart for company.
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