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What kind of a society are we going to have if it consists of highly paid people doing high-value-added work - and masses of unemployed?

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
Values
Highly
Going
Capitalism
Work
Paid
Kind
Mass
People
Value
Unemployed
Poverty
Masses
High
Added
Society
Consists

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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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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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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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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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No problem is so complicated that you cannot make it more complicated.
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You need just the right amount of ambition . . . If you have too little ambition, you don't push or work hard. If you have too much ambition, you put yourself ahead of others, elbow them out of your way.
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A fundamental rule in technology says that whatever can be done will be done.
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Only the paranoid survive.
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Most Americans probably aren't aware that there was a time in this country when tanks and cavalry were massed on Pennsylvania Avenue to chase away the unemployed.
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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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Leaders have to act more quickly today. The pressure comes much faster.
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I have been quoted saying that, in the future, all companies will be Internet companies. I still believe that. More than ever, really
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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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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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I believe in the value of paranoia. Business success contains the seeds of its own destruction. The more successful you are, the more people want a chunk of your business and then another chunk and then another until there is nothing left.
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Whatever success we have had in maintaining our culture has been instrumental in Intel's success in surviving strategic inflection points.
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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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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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Just as you would not permit a fellow employee to steal a piece of office equipment, you shouldn't let anyone walk away with the time of his fellow managers.
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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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