A Quote by Adam Neumann
I believe that doing the right thing will not only create the best culture and the best product, but you'll also make the most money - even if you're making decisions that lose you money in the short term.
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In the short term, it absolutely feels devastating to break a bond of friendship. In the long term, it is the best possible thing. You're actually doing something noble and good if you do it in the right way. You can leave them with, "I wish you the best, but I have to take care of myself." Or you don't have to wish them the best. It's okay if you don't. Maybe they don't deserve the best. That's not up to you to decide. You not wishing someone the best is not going to make anyone's life not the best.
The most important thing that a company can do in the midst of this economic turmoil is to not lose sight of the long-term perspective. Don't confuse the short-term crises with the long-term trends. Amidst all of these short-term change are some fundamental structural transformations happening in the economy, and the best way to stay in business is to not allow the short-term distractions to cause you to ignore what is happening in the long term.
If you buy all the stocks selling at or below two times earnings, you will lose money on half of them because instead of making profits they will actually lose money, but you will only lose a dollar or so a share at most. Then others will be mediocre performers. But the remaining big winners will go up and produce fabulous results and also ensure a good overall result.
We believe there should be a huge area between everything you should do and everything you can do without getting into legal trouble. I don't think you should come anywhere near that line. We don't deserve much credit for this. It helps us make more money. I'd like to believe that we'd behave well even if it didn't work. But more often, we've made extra money from doing the right thing. Ben Franklin said I'm not moral because of it's the right thing to do - but because it's the best policy.
Finding the best person or the best organization to invest your money is one of the most important financial decisions you'll ever make.
God gave me my money. I believe the power to make money is a gift from God . to be developed and used to the best of our ability for the good of mankind. Having been endowed with the gift I possess, I believe it is my duty to make money and still more money and to use the money I make for the good of my fellow man according to the dictates of my conscience.
One thing we haven't mentioned is something everyone should understand very clearly. Look at the budget that was invested in 'Avatar': who in China has that kind of money to spend on making a movie? So we as Chinese filmmakers should work together to make Chinese movies that can compete as best we can for Chinese audiences, not make lousy movies, but make the best we can for that audience. Concentrate the money, the talent we have on making good movies [for China].
Without market prices for capital goods, accounting is not possible. You don't know if you are making money or losing money, saving resources or wasting them, doing the right thing or not doing the right thing.
We have to change our culture so you can create wealth from making things and don't just try to make money out of money
We have to change our culture so you can create wealth from making things and don't just try to make money out of money.
Our business is not based on having information about you. You’re not our product. Our product are these, and this watch, and Macs and so forth. And so we run a very different company. I think everyone has to ask, how do companies make their money? Follow the money. And if they’re making money mainly by collecting gobs of personal data, I think you have a right to be worried.
We've got to make sure that we rebuild the infrastructure in America, because we used to be - have the best bridges, the best roads, the best airports. And now, when you go to China or you go to Europe, you see that they are outstripping us in terms of infrastructure. And if we put people back to work, that would be good not only in the short term, but it would also lay the foundation, the framework for long-term economic and job growth.
The leading edge of the best science in the world is being driven by private money, and investment money because of the scarcity of government money to do this. It's not only by far the best and most advanced science, we're driving the equation at Human Longevity that everyone else is beginning to follow as well.
If the short-term decisions you make damage the long term, you should resist those. But there are many short-term decisions that you need to make to be a successful manager.
Even though you might believe you have the best product on the market or the best film in a really long time, not everyone will agree. The film may be the best thing since sliced bread, but you have to have great publicity to back it up.
It is difficult to retain your standards with the pressure of trying to make money, which always has its rules...It's hard to walk the tightrope of doing what you think is your best and making money at it.
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