A key to achieving success is to assemble a strong and stable management team.

Almost every profession I look at where you require human labor or you require intelligence, I see computers being able to do better than us within the next 10 years. I'm talking about a mass replacement of humans with artificial intelligence and robots.

The most important skill of the future will be the ability to learn and adapt. You need to be resourceful, keep your eyes open for advances coming out of nowhere, and embrace the new opportunities as they emerge. You need to be able to collaborate with others and build relationships. You need to be able to share ideas, inspire, and motivate.

Most business schools are geared toward churning out investment bankers and management consultants.

Corporate executives and business owners need to realize that there can be no compromise when it comes to ethics and that there are no easy shortcuts to success. Their companies need ethics carefully sewn into their fabric.

A key to achieving success is to assemble a strong and stable management team.

The goal should be to build a sustainable lifestyle business that does good for employees and customers - and that steadily builds wealth.