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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.
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
Mostly
Competition
Prescribed
Played
Geneva
Rules
Convention
Sort
Thorough
Often
Warfare
Conventions
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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You have to pretend you're 100 percent sure. You have to take action you can't hesitate or hedge your bets. Anything less will condemn your efforts to failure.
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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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Only the paranoid survive.
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Think about it. Right now, a whole generation of young (customers) in the United States has been brought up to take computers for granted. Pointing a mouse is no more mysterious to them than hitting the on button on the television is to their parents.
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A fundamental rule in technology says that whatever can be done will be done.
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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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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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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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If the brutal facts are not faced by leaders, the brutal reality sets in.
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Not all problems have a technological answer, but when they do, that is the more lasting solution.
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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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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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Bad companies are destroyed by crisis, Good companies survive them, Great companies are improved by them.
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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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