Business Strategy Quotes
"The most important thing in strategy is to make sure that you have a really clear strategic positioning"
"Customer service shouldn't just be a department it should be the entire company"
"Monopoly is the condition of every successful business."
"People don’t want to buy a quarter-inch drill. They want a quarter-inch hole."
"No good decision was ever made in a swivel chair"
"You win with people."
"The way to get startup ideas is not to try to think of startup ideas. It's to look for problems, preferably problems you have yourself."
"The best way to get startup ideas is not to try to think of startup ideas. It's to look for problems, preferably problems you have yourself"
"Your business and your brand must first let people know what you care about and that you care about them "
"Your job is to focus on your strengths and outsource."
"Competition on dimensions like quality or cost is mutually destructive and does not lead to the creation of sustainable advantage"
"The fundamental task in strategy is to find a way of achieving a sustainable competitive advantage over your rival or rivals"
"A company’s success depends on the performance of its activities as compared to its rivals"
"Two of the biggest challenges for entrepreneurs are stepping back to focus on the problem instead of rushing to build, and having the discipline to say no to new features"
"You manage things; you lead people"
"If you're entering anything where there's an existing marketplace, against large, entrenched competitors, then your product or service needs to be much better than theirs. It can't be a little bit better, because then you put yourself in the shoes of the consumer... they ask, why would you buy it if you can choose a trusted brand unless there's a big difference? A lot of times, an entrepreneur will come up with something that's only slightly better. It can't be slightly better. It's got to be a lot better."
"The fastest way to wealth is solving bigger problems"
"I would rather earn 1% off a hundred people’s efforts than 100% of my own efforts"
"To get people to pay for something that you built, it has to be of service. It has to make somebody’s life better"