The interest of [businessmen] is always in some respects different from, and even opposite to, that of the public ... The proposal of any new law or regulation of commerce which comes from this order ... ought never to be adopted, till after having been long and carefully examined ... with the most suspicious attention. It comes from an order of men ... who have generally an interest to deceive and even oppress the public
I have always believed that atrademark is the life of an enterpriseand that it must be protected boldly. Atrademark and a company name arenot just clever gimmicks-they carryresponsibility and guarantee thequality of the product. If someone triesto get a free ride on the reputation andthe ability of another who has workedto build up public trust, it is nothingshort of thievery. We were not flatteredby this theft of our name.
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I have always believed that a trademark is the life of an enterprise and that it must be protected boldly. A trademark and a company name arenot just clever gimmicks-they carry responsibility and guarantee the quality of the product. If someone tries to get a free ride on the reputation and the ability of another who has worked to build up public trust, it is nothing short of thievery. We were not flattered by this theft of our name.
Seriously: Do you want to spend your working life simply being satisfied? When you look back on 50 years spent in business, do you want to be able to say, “Well, I was satisfied"?? No! Make happiness your goal. As in, “Let’s make this a workplace where people are happy to work." As in, “I’ve been working for 50 years now, and it absolutely rocks! To me work is challenging, stimulating and just plain fun.
The symbol of the Lotus flower gives a precious teaching that can inspire us to deal with life in the best possible way. Its roots take nourishment from muddy waters and yet bloom in full delicacy and beauty on the surface. Similarly, to have a positive mindset is a beautiful quality; nonetheless to be transformational it needs to be rooted firmly in reality to then blossom with the value which can be created from the muddy problem(s)
The best lesson from the myths of Newton and Archimedes is to work passionately but to take breaks. Sitting under trees and relaxing in baths lets the mind wander and frees the subconscious to do work on our behalf. Freeman Dyson, a world-class physi- cist and author, agrees: “I think it’s very important to be idle...people who keep themselves busy all the time are generally not creative. So I am not ashamed of being idle.
In my world, people are always plotting. Youhave no idea of all the crimes people in business commit everyday. Like it was nothing. Or there’s a set of special rules for them.Remember when Bush made that whole speech about ‘corporateethics’ last year? What a fraud. You think stuff like Enron orWorldCom is an aberration? It’s only the tip. Business is a religion.Probably the only one practiced all over the world.
As a Shark, I’ve been in the tank with these entrepreneurs and I can tell you Rachel gets right to the heart of how they succeeded,” said Barbara Corcoran in her endorsement of the book. “‘Shark Tank MOMpreneurs’ is a must read for anyone looking to learn the inside secrets of getting on ‘Shark Tank’ and landing a deal, or getting the publicity that’s essential for any successful business.
Are engineers better at business than business people? It’s debatable. Business people certainly seems to have bigger houses, drive fancier cars, wear nicer clothes and have better looking mates. Engineers lack the time management skills to spend that kind of money. They waste all their time inventing ways to make the most money in the quickest, most efficient way possible. And then when they figure it out, they optimize the process.
In regards to the price of commodities, the rise of wages operates as simple interest does, the rise of profit operates like compound interest. Our merchants and masters complain much of the bad effects of high wages in raising the price and lessening the sale of goods. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.
As far as I can tell, kids are called bossy when they behave in a dictatorial and domineering fashion. They’re called bossy when they try to order people around and refuse to listen to authority figures. Here’s a suggestion: instead of telling us not to refer to them as bossy, why don’t we teach them not to be bossy? We concentrate so much on eradicating negative words while forgetting to address the behavior that the words describe.
The crash did not cause the Depression: that was part of a far broader malaise. What it did was expose the weaknesses that underpinned the confidence and optimism of the 1920s - poor distribution of income, a weak banking structure and insufficient regulations, the economy's dependence on new consumer goods, the over-extension of industry and the Government's blind belief that promoting business interests would make America uniformly prosperous.
The problem with your company is not the economy, it is not the lack of opportunity, it is not your team. The problem is you. That is the bad news. The good news is, if you're the problem, you're also the solution. You're the one person you can change the easiest. You can decide to grow. Grow your abilities, your character, your education, and your capacity. You can decide who you want to be and get about the business of becoming that person.
The small stuff matters. The company that became the largest and most powerful in history isn't a military contractor or a car company. It isn't the result of savvy lobbyists in Washington, or the happenstance of controlling the supply of petroleum, or some kind of cabal that is beyond the understanding of ordinary people. The largest and most powerful company in history is built by each of us handing over three single dollar bills over and over again.
