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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.

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
Things
Realize
Think
Realizing
Thinking
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Wrong
Temporary
Two
Correct
Real
Conviction
Important
Quickly

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If the world operates as one big market, every employee will compete with every person anywhere in the world who is capable of doing the same job. There are lots of them and many of them are hungry
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There are two options: adapt or die.
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There is at least one point in the history of any company when you have to change dramatically to rise to the next level of performance. Miss that moment - and you start to decline.
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The Internet doesn't change everything. It doesn't change supply and demand.
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The Internet doesn't change everything. It doesn't change supply and demand. It doesn't magically allow you to build businesses by turning investors' money into operating expenses indefinitely. The money always runs out eventually.. the Internet doesn't change that, as we have seen.
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Accept that no matter where you go to work, you are not an employee you are a business with one employee, you. Nobody owes you a career. You own it, as a sole proprietor.
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You have to understand what it is that you are better at than anybody else and mercilessly focus your efforts on it.
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By the late '90s, those who were paying attention perceived the Internet as a 20-foot tidal wave coming, and we are all in kayaks.
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Competition is warfare. Mostly it is played by prescribed rules--there is a sort of Geneva Convention for competition--but it's thorough and often brutal.
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The boom was healthy too, even with its excesses. Because what this incredible valuation craze did was draw untold sums of billions of dollars into building the Internet infrastructure. The hundreds of billions of dollars that got invested in telecommunications, for example.
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I'm a great believer in particularly being alert to changes that change something, anything, by an order of magnitude, and nothing operates with the factors of 10 as profoundly as the Internet.
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If the brutal facts are not faced by leaders, the brutal reality sets in.
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I was glad I liked chemistry.
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A career in journalism suddenly lost its appeal.
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Bad companies are destroyed by crisis, Good companies survive them, Great companies are improved by them.
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Let chaos reign, then rein in chaos.
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The future is going to take care of itself, like it always has.
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Girls don't think boys' games are too hard, they think they are stupid.
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Technology will always win. You can delay technology by legal interference, but technology will flow around legal barriers.
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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.
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