Money is color-blind, race-blind, sex-blind, degree-blind, and couldn't care less who brought you up or in what circumstances.

When you come across real talent, it is sometimes worth allowing them to create the structure in which they choose to labor. In nine cases out of ten, by inviting them to take responsibility and control for a new venture, you will motivate them to do great things.

I think having a great idea is vastly overrated. I know it sounds kind of crazy and counterintuitive. I don't think it matters what the idea is, almost. You need great execution.

For a start, the salary begins to have an attraction and addictiveness all of its own. A regular paycheck and crack cocaine have that in common. In addition, and more to the point, working too long for other people can blunt your desire to take risks. This last factor is crucial, because the ability to live with and embrace risk is what sets apart the financial winners and losers in the world.

Say to yourself: The world is full of money. Some of it has my name on it. All I have to do is collect it.

Teamwork is the glue which binds losers together

The age of celebrity editors and monstrous staffing are over.