Industry Market Trends
What's the Best Advice Anyone Ever Gave You?
April 1, 2005
Since it's Friday, I'll keep it relatively light again. (I'm back in for a full schedule next week, so be ready with your trigger fingers ) The March 21 edition of Fortune magazine has an article of very interesting, brief interviews with many business "superstars," re: the best advice they've ever gotten. Here's a quick rundown: Warren Buffett CEO of Berkshire Hathaway You're right not because others agree with you, but because your facts are right. Richard Branson Founder, Virgin Atlantic Airways Make a fool of yourself. Otherwise, you won't survive. Howard Schultz Chairman of Starbucks Recognize the skills and traits you don't possess, and hire people who have them. A.G. Lafley Chairman/CEO, Proctor & Gamble Have the courage to stick with a tough job. Sumner Redstone Chairmain/CEO, Viacom Follow your instincts, not those of people who see the world differently. Meg Whitman CEO/President, eBay Be nice, do your bestand most important, keep it in perspective. Jack Welch Former Chairman/CEO, G.E. Be yourself. Sallie Krawcheck CFO of Citigroup Don't listen to the naysayers. Vivek Paul President/CEO, Wipro Technologies Don't limit yourself by past expectations. Dick Parsons Chariman/CEO, Time Warner When you negotiate, leave a little something on the table. Andy Grove Chairman, Intel When "everyone knows" something to be true, nobody knows nothin'. Anne Mulcahy CEO, Xerox Remember the parable of the cow in the ditch. Brian Grazer Imagine Entertainment All you really own are ideas and the confidence to write them down. Rick Warren Author, The Purpose-Driven Life Regularly sit at the feet of Peter Drucker. Jim Collins Author, Good to Great The real discipline comes to saying no to the wrong opportunities. Peter Drucker Business Consultant Get goodor get out. Ted Turner Founder, CNN; Former Vice Chairman, Time Warner Start young. David Neeleman CEO of JetBlue Balance your work with your family. Mickey Drexler CEO of J. Crew Bail out of a business that isn't growing. Brian Roberts CEO of Comcast Let others take the credit. Mark Benioff Founcer/CEO, Salesforce.com Incorporate philanthropy into your corporate structure. Hector Ruiz CEO, AMD Surround yourself with people of integrity and get out of their way. Donny Deutsch CEO of Deutsch Inc. If you love something, the money will come. Klaus Kleinfeld CEO, Siemens Keenly visualize the future. Ann Fudge Chairman/CEO, Young & Rubicam Don't start your career path too soon. Herb Kelleher Founder/Chairman, Southwest Airlines Respect people for who they are, not for what their titles are. Clayton Christensen Professor, Harvard Business School You can learn from anyone. Ted Koppel Anchor of ABC's Nightline Do what you love. Well, I've already practiced Richard Branson's tip. Huh. Maybe that's how I've survived. Read, think, and enjoy your weekend.