(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss
In todays economy, the most important resource is no longer labor, capital or land; it is knowledge
Miracles are great, but they're so damn unpredictable.
Marketing is the distinguishing, unique function of the business.
The individual is the central, rarest, most precious capital resource of our society.
Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.