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?

We all learn by imitating, as children, as students, as novices in the world of business. And then we grow up and learn to blend our innate abilities with the rules or principles we have learned.

Once you have a staff of prepared, intelligent, and energetic people, the next step is to motivate them to be creative.

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.

Curiosity is the key to creativity.

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

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