A Quote by Walter Kiechel

The experience curve says that your costs should probably decline by 15% or 20% with every doubling in your experience making a product, approximately how many of them you turn out. It also says that if you have the biggest market share, meaning the most experience of anybody in your competitive set, you should have the lowest costs, and the resultant capability to underprice your competitors, maybe forever. The abiding lesson of the experience curve is that companies need to discipline themselves to keep reducing their costs, year in, year out, if they are to remain competitive.
Whenever you aren’t manipulating your experience, you’re meditating. As soon as you meditate because you think you should, you’re controlling your experience again, and you’ve squeezed all the value out of your meditation.
Throw yourself into the hurly-burly of life. It doesn't matter how many mistakes you make, what unhappiness you have to undergo. It is all your material ... Don't wait for experience to come to you; go out after experience. Experience is your material.
Relativity challenges your basic intuitions that you've built up from everyday experience. It says your experience of time is not what you think it is, that time is malleable. Your experience of space is not what you think it is; it can stretch and shrink.
If you have a belief and you come against an experience which the belief says is not possible, or, the experience is such that you have to drop the belief, what are you going to choose — the belief or the experience? The tendency of the mind is to choose the belief, to forget about the experience. That’s how you have been missing many opportunities when God has knocked at your door.
That doesn't mean you have to have the lowest costs in the industry to succeed. But you need to make sure the activities and product attributes that increase your costs above the other guy bring in at least that much more in revenue, and hopefully more.
It's probably also smart to keep some money in cash to invest it. But I would resist at all costs taking a lump-sum distribution because the tendency is to spend out too fast in the early years of your retirement. The advice of professionals is to take out no more than 5% per year and that will give you 20 years of distributions, and at your age, 55, you probably have more than 20 years life expectancy.
Greed is not defined by what something costs; it is measured by what it costs you. If anything costs you your faith or your family, the price is too high. Such is the point Jesus makes in the parable of the portfolio.
Oh, no. It costs a lot more than your life. To murder innocent people?" says Peeta. "It costs everything you are.
Often I feel I go to some distant region of the world to be reminded of who I really am. There is no mystery about why this should be so. Stripped of your ordinary surroundings, your friends, your daily routines, your refrigerator full of your food, your closet full of your clothes -- with all this taken away, you are forced into direct experience. Such direct experience inevitably makes you aware of who it is that is having the experience. That's not always comfortable, but it is always invigorating.
Over the next four days, I want you to write about your deepest emotions and thoughts about the most upsetting experience in your life. Really let go and explore your feelings and thoughts about it. In your writing, you might tie this experience to your childhood, your relationship with your parents, people you have loved or love now or even your career. How is this experience related to who you would like to become, who you have been in the past, or who you are now?.
Six Sigma is a quality program that, when all is said and done, improves your customers' experience, lowers your costs, and builds better leaders.
Corruption is a fact of life in America as in Afganistan, but as American citizens, if we are white, we tend to experience it as an opportunity cost. I live in Washington, DC, where the city council is notoriously corrupt. But how do I experience that? Maybe in streets that are not as well paved as they could be, maybe in a bridge that costs a lot more money than it should have. That's a little bit abstract - shocking, of course - but still abstract.
Life will give you whatever experience is most helpful for the evolution of your consciousness. How do you know this is the experience you need? Because this is the experience you are having at the moment.
To say that you can 'have experience,' means, for one thing, that your past plays into and affects your present, and that it defines your capacity for future experience. As a social scientist, you have to control this rather elaborate interplay, to capture what you experience and sort it out; only in this way can you hope to use it to guide and test your reflection, and in the process shape yourself as an intellectual craftsman
You can gain experience, if you are careful to avoid empty redundancy. Do not fall into the error of the artisan who boasts of twenty years experience in craft while in fact he has had only one year of experience–twenty times. And never resent the advantage of experience your elders have. Recall that they have paid for this experience in the coin of life, and have emptied a purse that cannot be refilled.
If you are having the experience of anxiety, your body is making adrenaline and cortisone, if you are having the experience of tranquility, your body starts making valium, if you are having the experience of exhilaration and joy, your body makes interleukins and interferons which are powerful anti-cancer drugs. So, your body is constantly converting your experiences into molecules.
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