You've got to be frugal. If you want to make one peso and you spent two, you'll never make it. You must be very stupid if you don't know what you should save on.

I dont usually make political comments, because I am a businessman, not a politician.

Managers will work for a salary. Entrepreneurs create new businesses. Many people have capital, but instead of making money for business they build houses for rent. It's easy money to collect rental.

As a boy in school, I already had the drive to be No. 1. If I achieve my goals, OK, but if not, I always ask why and try to rectify myself.

But everyone has a chance. Every big guy started off small.

You have to love your work. You have to save money instead of spending all of it. Look for areas you can compete in. Work damn hard. Most importantly, you have to love it.

It was during my first trip to America in 1953 - thats when I learned to visit museums. I was then 26 years old. When I travel, the first thing I do is to visit museums. When I go to New York City, I usually go to Broadway to see the shows.