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First figure out your partners, then figure out what ideas to pursue. The most important thing isn't the market you target, the product you develop or the financing, but the founding team.

James C. Collins

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James C. Collins
Age: 66
Born: 1958
Born: January 25
Author
Businessperson
Journalist
Writer
Boulder
Colorado
Products
Target
Team
Partners
Ideas
Pursue
Firsts
Product
First
Develop
Important
Market
Thing
Figure
Financing
Figures
Founding

More quotes by James C. Collins

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The x factor of a great leader is humility combined with will.
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The signature of mediocrity is not an unwillingness to change. The signature of mediocrity is inconsistency.
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Greatness is not a function of circumstance. Greatness, it turns out, is largely a matter of conscious choice, and discipline.
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Genuine confidence is what launches you out of bed in the morning, and through your day with a spring in your step.
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The critical question is not whether you'll have luck, but what you do with the luck that you get.
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Comparison, a great teacher once told me, is the cardinal sin of modern life. It traps us in a game that we can't win. Once we define ourselves in terms of others, we lose the freedom to shape our own lives.
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The essence of profound insight is simplicity.
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I see the Baldrige process as a powerful set of mechanisms for disciplined people engaged in disciplined thought and taking disciplined action to create great organizations that produce exceptional results.
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To have a Welch-caliber C.E.O. is impressive.To have a century of Welch-Caliber C.E.O.'s all grown from the inside - well, that is one key reason why G.E. is a visionary company.
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In a world of constant change, the fundamentals are more important than ever.
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The most effective leaders of companies in transition are the quiet, unassuming people whose inner wiring is such that the worst circumstances bring out their best. They're unflappable, they're ready to die if they have to. But you can trust that, when bad things are happening, they will become clearheaded and focused.
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Start a 'Stop Doing' list. I'll leave it as an existential dilemma on whether to put that task on your To Do list
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An organization is not truly great, if it cannot be great without you.
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The only way to remain great is to keep on applying the fundamental principles that made you great.
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It occurs to me,Jim,that you spend too much time trying to be interesting. Why don't you invest more time being interested? Collin's advice from John Gardner that he took to heart.
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Change your practices without abandoning your core values.
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The only way to deliver to the people who are achieving is to not burden them with the people who are not achieving.
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It's what you do before you are in trouble, so that you can be strong when people most need you.
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By definition, it is not possible to everyone to be above the average.
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If we allow the celebrity rock-star model of leadership to triumph, we will see the decline of corporations and institutions of all types. The twentieth century was a century of greatness, but we face the very real prospect that the next century will see very few enduring great institutions.
James C. Collins