A Quote by Mo Ibrahim
Business people get many undeserved prizes - golden parachutes and bonuses even when companies fail. I don't think people should get rewarded for screwing up.
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We need prizes as publishers... to focus attention on books, for people to know what to go look for. But often in my opinion and in probably everyone's opinion, the right books don't get chosen. Still we need books to be chosen even if they are not exactly the right ones, otherwise many people won't know what to read. As a publisher, I feel prizes are important for the publishing business. But as a writer, I think, writers shouldn't get too distracted by prizes because very often they don't go to the right person. You shouldn't take it too seriously if you haven't won a prize.
In the sense that people who produce things and work get rewarded, statistically. You don't get rewarded precisely for your effort, but in Russia you got rewarded for being alive, but not very well rewarded.
People are pretty simple: they do what they are rewarded for doing. If they get multimillion-dollar bonuses by taking huge risks with other people's money - as they still do - then they will continue to take those huge risks, and not give it another thought.
The pretention that some of us are better than others, I don't think is a very good thing. And who is contributing what to our progress in science is not so obvious and many who don't get that Nobel Prize are better than people... than some of us that do get the Nobel Prize. I think we should not be interested in prizes, we should be interested in learning about nature.
It borders on irresponsibility when people get on television and start talking that way when they should know better. They should do their homework, and they should report in a responsible manner. Unfortunately, it's a very competitive business, the business we're in, and there is a perception that by hyping up this threat, you draw people's attention.
If you were charged with fixing the U.S. auto industry, how would you do it?
The guys who run the auto companies are out of touch with their customers and their employees. They ride to work in their limousines. They go up in their elevators and lock themselves in their offices. They don't walk out into the plants. They wouldn't even drive in the neighborhoods where their employees live. They give themselves big bonuses when the company isn't making any money. I'd make them get involved with the people who are building the cars. They've got to become real people.
Many Americans abhor paternalism. They think that people should be able to go their own way, even if they end up in a ditch. When they run risks, even foolish ones, it isn't anybody's business that they do.
People like me get to grow up and fail and learn. People who grow up like Meek should get that opportunity, too.
I think the smart people will get even smarter, and the dumb people will get even dumber. But I think they all will enjoy A Shot At Love With Tila Tequila, no matter how you slice it. You know, we keep eating it up. Some of the most intelligent people I know cannot get enough of it. That's a dangerous thing.
When private industry makes a mistake, it gets corrected and goes away. As governments make mistakes, it gets bigger, bigger and bigger and they make more, more and more because as they run out of money, they just ask for more and so they get rewarded for making mistakes. In the meantime that is exactly what we are doing by subsidizing companies which are failing, we have a reverse Darwinism, we've got survival of the unfittest, the companies and people that have made terrible mistakes are being rewarded and other people are being punished and being taxed.
In today's world, social media, people get judged so much by the last thing that happened, I almost feel, in a way, young people get to see that not only is it OK to fail - that's the way you get to championship success, whether it's sports or business or life.
It was unfair that people could pretend to be one thing when they were really something else. That they would get you on their side and then do nothing but fail, and fail, and fail again. People should come with warnings, like cigarette packs: involvement would kill you over time.
I'm never gonna owe money because every time I get a dollar, I put it into another business, whether it's to buy goods or develop other companies. You don't have money; you have companies. That's one business model. That's mine. And I only associate with other people that are putting up their own money, 'cause they're the only ones that can relate.
Let's think beyond the normal stuff and have an environment where that sort of thinking is encouraged and rewarded and where it's okay to fail as well. Because when you try new things, you try this idea, that idea... well a large number of them are not gonna work, and that has to be okay. If every time somebody comes up with an idea it has to be successful, you're not gonna get people coming up with ideas.
Fashion people think that the careful Nice companies are boring beyond measure. (Nice people think fashionistas look silly and should Get A Life).
Don't go into something you actually don't know much about, in the hopes that you're going to get really financially successful and rewarded... even though people think you're, like, terrific.
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