If your cash is about to run out, you have to cut your cash flow. CEOs have to make those decisions and live with them however painful they may be. You have to act and act now; and act in the best interest of the company as a whole, even if it means that some people in the company who are your best friends have to work somewhere else.

The things that caused problems for me in school are the same things that help me succeed in the world.

The only way to get ahead is to find errors in conventional wisdom.

In some ways, getting away from the headquarters and having a little time to reflect allows you to find errors in your strategy. You get to rethink things. Often, that helps me correct a mistake that I made or someone else is about to make.

Bill Gates wants people to think he's Edison, when he's really Rockefeller. Referring to Gates as the smartest man in America isn't right... wealth isn't the same thing as intelligence.

See things in the present, even if they are in the future.

If I were 21 years old, I would go into biotechnology or genetic engineering.