“Real Learning comes from failures and mistakes...rarely from success.”
“trade and wealth creation is not all upside. It is failure, too.Failure is a necessary component to growth and success. Babe Ruthstruck out 1,330 times but also hit 714 home runs. We need to letfailing entities fail. Only then will successful people turn these enterprisesback into wealth-creating vehicles again. “Too big to fail” is aconcept that perpetuates failure and saps vitality from the rest of thewealth creators to do so.”
“We were born a nation of entrepreneurs. That is why so manypeople came to this country from so many different nations and culturesaround the globe. The entrepreneur sees the opportunity, takesaction, and successfully learns from the experience. They go on tocreate wealth. They become part of that demographic that is called“the rich.” They, not the government, drive the economy and createjobs. Only a mind with an envious, greedy perspective would considerpunitively taxing the rich as a viable solution to our fiscal miasma.This is a solution springing from the fount of ignorance and deemedwise only by fools.”
“Wealth comes from big goals and sustained action toward those goals every day....Never surrender.”
“If more people learned to understand their real business interests correctly and to act accordingly, we would have a much better world.”
“There is a major difference between theoretical knowledge andexperiential knowledge. Academics think they know how the economyshould work; successful business owners know how the economy doeswork. They have been there and done it. Our government should beturning to those who have experiential knowledge when it comes tosolving our fiscal problems. They would realize that many of theircurrent policies may sound good but don’t work in the real worldand must be abandoned. They would spend less and live within theirmeans. They would be promoting the creation of more entrepreneursand business owners, instead of hiring more bureaucrats, consultingmore academics, and enlisting more lawyers to harass and prosecutethe true wealth creators of this nation.”
“Do you want to be super successful? Never appeal to people’s mercy or gratitude... Appeal only to their self-interest & see the results”