We must all suffer one of two things: the pain of discipline or the pain of regret or disappointment.

There are two key lessons: a) The only way to survive in business is to be profitable, unless you have an unlimited amount of money; b) Get through your difficulty and learn to do better next time.

The two great words of antiquity are behold and beware. Behold the possibilities and beware the temptations.

Books are easy to find and easy to buy. A paperback these days only costs six or seven dollars. You can borrow that from your kids!

Although we are never glad when tragedy visits, we can be aware and seize the opportunity to do good in this world, even in the midst of tragedy.

So when somebody asks me to make a decision about a situation, I don't offer a solution, I ask a question: What are our options? Give me the good, give me the bad, give me the pretty, give me the ugly, give me the impossible, give me the possible, give me the convenient, give me the inconvenient. Give me the options. All I want are options. And once I have all the options before me, then I comfortably and confidently make my decision.

Failure is simply a few errors in judgment, repeated every day.