Concentration is the key to economic results. No other principle of effectiveness is violated as constantly today as the basic principle of concentration.... Our motto seems to be, "Let's do a little bit of everything."

People who need certainty are unlikely to make good entrepreneurs.

Businesses are not paid to reform customers. They are paid to satisfy customers.

Few relationships are as critical to the business enterprise as the relationship to the government. Managers have responsibility for this relationship as part of their responsibility to the enterprise itself. It is an area of social impact of the business. To a large extent the relationship to government results from what businesses do or fail to do.

A business enterprise must continue beyond the lifetime of the individual or of the generation to be capable of producing its contributions to economy and to society.

The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.

Production is not the application of tools to materials, but logic to work.