Profit for a company is like oxygen for a person. If you don't have enough of it, you're out of the game. But if you think your life is about breathing, you're really missing something.

Innovation opportunities do not come with the tempest but with the rustling of the breeze.

The most probable assumption is that no currently working 'business theory' will be valid 10 years hence.

There are no creeds in mathematics.

It's more important to do the right thing than to do things right.

Time is totally perishable and cannot be stored. Yesterday's time is gone forever, and will never come back. Time is always in short supply. There is no substitute for time. Everything requires time.

(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