Adequacy is the enemy of excellence.

For new technology to replace old, it has to have at least ten times the benefit.

Teaching 23-year-olds in an MBA programme strikes me as largely a waste of time. They lack the background of experience. You can teach them skills - accounting and what have you - but you can't teach them management.

I'm a writer. I could not or would not ever run a business. I don't even have a secretary. And contrary to some of the stereotypes, entrepreneurs are not loners. I am.

Culture eats strategy for breakfast.

Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got.

Elephants have a hard time adapting. Cockroaches outlive everything.