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With all due respect to Microsoft and Intel, there is no substitute for being in the right place at the right time.
Andy Grove
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Andy Grove
Age: 79 †
Born: 1936
Born: August 2
Died: 2016
Died: March 21
Businessman
Computer Scientist
Engineer
Entrepreneur
Writer
Buda Pest
Andrew Stephen Grove
Andy Grove
András István Gróf
Andras Istvan Grof
Finance
Dues
Luck
Respect
Business
Intel
Place
Microsoft
Right
Substitute
Time
Substitutes
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You have no choice but to operate in a world shaped by globalization and the information revolution. There are two options: adapt or die.
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Investment decisions and personal decisions don't wait for the picture to be clarified.
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Only the paranoid survive.
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Just as we could have rode into the sunset, along came the Internet, and it tripled the significance of the PC.
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Let chaos reign, then rein in chaos.
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It's not enough to make time for your children. There are certain stages in their lives when you have to give them the time when they want it. You can't run your family like a company. It doesn't work.
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Assume any career move you make won't go smoothly. They won't. But don't look back.
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I think it is very important for you to do two things: act on your temporary conviction as if it was a real conviction and when you realize that you are wrong, correct course very quickly.
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A question that often comes up at times of strategic transformation is, should you pursue a highly focused approach, betting everything on one strategic goal, or should you hedge? ... Mark Twain hit it on the head when he said, Put all of your eggs in one basket and WATCH THAT BASKET.
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Most companies don't die because they are wrong they die because they don't commit themselves. They fritter away their momentum and their valuable resources while attempting to make a decision. The greatest danger is standing still.
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The Internet doesn't change everything. It doesn't change supply and demand.
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