Business Strategy Quotes

"The best way to look at any business is from the standpoint of the clients" "You can create value with breakthrough innovation, incremental refinement, or complex coordination. Great companies often do two of these. The very best companies do all three" "We, we – as I say, we go in and shake up other industries and I think, you know, we do it differently and I think that industries are not quite the same as a result of Virgin attacking the market." "Business opportunities are like buses, there’s always another one coming." "The best executive is the one who has sense enough to pick good men to do what he wants done, and self-restraint to keep from meddling with them while they do it." "Whatever business you are in, every company can shoot for the start in their own way." "Am considering taking Tesla private at $420. Funding secured." "A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well." "My philosophy is that if I have any money I invest it in new ventures and not have it sitting around." "If you're competitor-focused, you have to wait until there is a competitor doing something. Being customer-focused allows you to be more pioneering." "If you want to be a millionaire, start with a billion dollars and launch a new airline." "All businesses need to be young forever. If your customer base ages with you, you're Woolworth's." "Well, I think that there’s a very thin dividing line between success and failure. And I think if you start a business without financial backing, you’re likely to go the wrong side of that dividing line." "If you only do things where you know the answer in advance, your company goes away." "If you're long-term oriented, customer interests and shareholder interests are aligned." "One thing is certain in business. You and everyone around you will make mistakes." "A business has to be involving, it has to be fun, and it has to exercise your creative instincts." "Sometimes we measure things and see that in the short term they actually hurt sales, and we do it anyway." "Entrepreneurial business favors the open mind. It favors people whose optimism drives them to prepare for many possible futures, pretty much purely for the joy of doing so." "Day 2 companies make high-quality decisions, but they make high-quality decisions slowly. To keep the energy and dynamism of Day 1, you have to somehow make high-quality, high-velocity decisions."