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I would have to say that my mother's entrepreneurial perspective, and that of her father's, are very evident in my own outlook.
Lewis Schiff
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Lewis Schiff
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More quotes by Lewis Schiff
Still, it formed one of my basic beliefs about success which is this: most of the time, success can be measured in terms of how much more than others you have of something that's in short supply. This includes money, reputation, respect, etc.
Lewis Schiff
I believe in labeling things.
Lewis Schiff
During that time, I began writing and designing the propaganda that we distributed to the students who we were trying to convince to join us.
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Apple makes computers and they have to be great at providing the product they promised every individual who wants to purchase from them. This is where they should spend the bulk of their energy.
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That doesn't mean we should be doing it, though. We should always be carving back those things that are comfortable and institutionalized but not necessarily impactful.
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One of the things all entrepreneurs struggle with is where their efforts will have the highest impact. Unfortunately, too many of us continue to do the very same things that led to our initial success because we're good at it and we've created and invested in systems to support them
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The bottom line: All of your investing decisions should be grounded in your own investment policy statement. By taking a top-down look at your finances and writing out a road map, your policy statement will add an important element of discipline to your approach.
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The problem is not the sentiment, it's the execution. When a company makes a mistake, the individual benefits because they've learned how NOT to do something while the institution had to pay for the mistake.
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I've got better things to do than to find my individuality in that particular area. But if it's important to me, I've got to seek my own path.
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The disruption caused by globalization and technology (what Tom Friedman calls hyperconnectedness) will be around for the rest of our professional lives.
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MBA programs are underwritten by large companies and they succeed at producing future employees of large companies. In that regard, they are doing exactly what they are supposed to be doing.
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I believe that only a subset of us is meant to lead. The rest want to follow.
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I also believe that at a critical point (more than six people?), that collective wisdom turns into group think.
Lewis Schiff
However, I believe that large groups make markets, so serving the needs of large groups is a simple approach to success in business success. But that's no reflection on whether or not they're making wise moves or good calls. It's just about filling the need.
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Harkening back to a story about my grandfather, I was lucky to attend a great high school in New York, Bronx High School of Science, which has produced more Nobel prize winners than any other high school in America.
Lewis Schiff
The work I'm doing today gets me one step closer to the work I should be doing tomorrow. And that the way I learn this is by trying, failing, networking and experimenting. I'll stop doing that when I'm dead.
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One of the easiest ways to solve your problems is to look at how others have solved a similar problem. So, in this regard, we are using the same thinking of others.
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While I did complete high school, I would have to say that it was by the skin of my teeth. My education ever since then has been one that I got on the job and I consider myself a very well-educated person at this point!
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I grew up in a modern business environment and did not experience the kind of prejudice that my mother and grandfather experienced.
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Apple made tools that helped people express their creativity and Steve Jobs knew that so he told that story well. But Facebook makes tools that help people connect and Mark Zuckerberg is hardly a story-teller. Nevertheless, he's become a leader because his products do such a good job of solving a problem.
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