A Quote by Lakshmi Mittal

We do not believe in oversupplying the market. When you are a large company, you can afford to do it. When you are a small player, your flexibility gets reduced.

Lakshmi Mittal

Quote Topics

Afford Believe Company Flexibility Gets Large Market Player Reduced Small Your

Quote Author

Lakshmi Mittal
Indian - Businessman
Born: June 15, 1950

I accept extinction as best explaining disjoined species. I see that the same cause must have reduced many species of great range to small, and that it may have reduced large genera to so small, and of families.

Asa Gray

The more evident it is that a certain company is going to become the market leader in a big market space, then the higher the valuation goes because the risk has been dramatically reduced.

Audrey MacLean

Entrepreneurs have the flexibility and the ability to do things that large companies simply cannot. Could a large company pull off a trick like Amyris, going from anti-malaria medicine to next-generation fuel?

Vinod Khosla

Booksellers are tied to publishing - they need conventional publishing models to continue - but for those companies, that's not the case. Amazon is an infrastructure company; Apple sells hardware; Google is really an advertising company. You can't afford as a publisher to have those companies control your route to market.

Nick Harkaway

No company, small or large, can win over the long run without energized employees who believe in the mission and understand how to achieve it.

Jack Welch

It is eminently possible to have a market-based economy that requires no such brutality and demands no such ideological purity. A free market in consumer products can coexist with free public health care, with public schools, with a large segment of the economy -- like a national oil company -- held in state hands. It's equally possible to require corporations to pay decent wages, to respect the right of workers to form unions, and for governments to tax and redistribute wealth so that the sharp inequalities that mark the corporatist state are reduced. Markets need not be fundamentalist.

Naomi Klein

When you're a large company with significant market share, it's tempting to view market disruptions as a threat, but we view them as an opportunity.

John T. Chambers

It's not an easy task building a motorcycle company. Your window for success is relatively small. You can't afford a lot of hiccups if you don't have another business supporting you.

Robert Evans

The only choice that leads small business owners to real success in their endeavors is the one that requires real thought. Understanding and building the systems they need within their company to afford them a framework of organization that can scale the business from a company of one to a company of one thousand.

Michael Gerber

There is a reductive nature to the Internet, and it's not limited to comic book news sites and stuff: it's everybody. There is a reductive nature of it, by which anything that's said very quickly gets reduced down to the next. Reduced, reduced, reduced to the point where rumors with some sense of nuance to them just become fact.

Mark Waid

Market competition is the only form of organization which can afford a large measure of freedom to the individual.

Frank Knight

The down market favours the small two-, three-, four-person company, not the huge company with 100 people losing half a million dollars a month.

Jason Calacanis

Information costs are reduced by the existence of large numbers of buyers and sellers. Under these conditions, prices embody the same information that would require large search costs by individual buyers and sellers in the absence of an organized market.

Douglass North

Facebook is like the Internet: a large company and an application. Bitcoin is a protocol for decentralisation, so you could build a decentralised company on top of it, a stock market. It's an Internet of ownership, so it's not quite a direct comparison.

Tyler Winklevoss

We don't believe the market can be dominated by one company in e-commerce in China - namely Alibaba. The Chinese market is very wide and deep, with a huge population.