Business Success and Personal Success
"Everyone says that the way to be successful in business is to do something you enjoy and feel passionately about. If the reason for saying this is that it makes the work more fun, then this is logical. But if the reason for saying this is that businesses which the founders feel passionate about are the ones that tend to succeed, but that they succeed primarily because the founders are (due to their passion) willing to spend every waking hour on their business, then I wouldn't necessarily count that as a success, because other areas of their lives are likely to have suffered as a result."
Always be Gunning for Your Proudest Moment
"3 time Superbowl champion Tom Brady is often quoted as saying that his favorite championship ring is the "next one". That's the best way to think of one's achievements, forget what you have done in the past, be proud of your successes but don't rest on them, instead be hungry for that next moment of glory."
Include Fun In Your Definition of Success
"Don't think about a potential venture just in terms of the time commitment, the cost, the probability of success etc. but also think about whether you will have fun doing it. You can't do something for too long exceptionally well without having fun in the process because if you don't enjoy it, you won't be intrinsically inclined to go the extra mile."
All You Need is One Hit
"In basketball you have to shoot 50pct. If you make an extra 10 shots per hundred, you are an All-Star. In baseball you have to get a hit 30 pct of the time. If you get an extra 10 hits per hundred at bats, you are on the cover of every magazine, lead off every SportsCenter and make the Hall of Fame.
In Business, the odds are a little different. You don't have to break the Mendoza line (hitting .200). In fact, it doesnt matter how many times you strike out. In business, to be a success, you only have to be right once.
One single solitary time and you are set for life. That's the beauty of the business world."
A Formula for Success
"My formula for success is rise early, work late, and strike oil."