If we face recession, we should not lay off employees; the company should sacrifice a profit. It's management's risk and management's responsibility. Employees are not guilty; why should they suffer?

Our plan is to lead the public with new products rather than ask them what kind of products they want.

In the long run, no matter how good or successful you are or how clever or crafty, your business and its future are in the hands of the people you hire.

But make sure you don't make the same mistake twice.

Carefully watch how people live, get an intuitive sense as to what they might want and then go with it. Don’t do market research.

The important thing in my view is not to pin the blame for a mistake on somebody, but rather to find out what caused the mistake.

To gain profit is important, but you must invest to build up assets that you can cash in in the future.