In the end, all business operations can be reduced to three words: people, product, and profits.

My father always used to say that when you die, if you've got five real friends, then you've had a great life.

If you set a good example you need not worry about setting rules.

Incompetency begets incompetency. The last thing a guy who isn't sure of himself wants is a guy backing him up who is sure of himself.

The most successful businessman is the man who holds onto the old just as long as it is good, and grabs the new just as soon as it is better.

Leadership means setting an example. When you find yourself in a position of leadership, people follow your every move.

Start with good people, lay out the rules, communicate with your employees, motivate them and reward them. If you do all those things effectively, you can't miss.