There are just two questions to ask to attain success in business: First, "What business am I in?" Second, "How's business?"

Management must take the lead in making obsolete its own products and services rather than waiting for a competitor to do so.

Everything requires time. It is the only truly universal condition. All work takes place in time and uses up time. Yet most people take for granted this unique, irreplaceable, and necessary resource. Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.

Yet there is nothing more dangerous than to be premature in exploiting a change in perception.

If you want to improve how you manage time - stop doing what doesn't need to be done!

Successful careers are not planned. They develop when people are prepared for opportunities because they know their strengths, their method of work, and their values. Knowing where one belongs can transform an ordinary person - hardworking and competent but otherwise mediocre - into an outstanding performer.

Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.