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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.

Lewis Schiff

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Lewis Schiff
Comfortable
Though
Doesn
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Mean
Always
Institutionalized
Things
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Necessarily

More quotes by Lewis Schiff

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In companies, there are three activities that should be labeled better. First there is the CORE which is the thing the company does that its customers pay it to do.
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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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By the time I entered this prestigious high school, my interest in formal education had already been exhausted.
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I also believe that at a critical point (more than six people?), that collective wisdom turns into group think.
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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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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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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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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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I went to work at political consulting firms, graphic design and communications firms and ultimately, magazines. Today, my career is in the media business. And more specifically, I'm in the words side of the business as opposed to video or music.
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I believe in labeling things.
Lewis Schiff
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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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As members of a minority, one that was often persecuted, that entrepreneurial perspective was burnished with a sense of outsider status - so not only were we committed to finding our own way of achieving success, we also grew up to believe that we'd have to fight to get whatever we wanted.
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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.
Lewis Schiff
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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.
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Because I work with entrepreneurs who own businesses, I have found Doug Tatum's No Man's Land to be a really helpful body of working knowledge. It's very applicable to most businesses that have the usual problems of growing businesses - managing people, capital, markets, etc.
Lewis Schiff
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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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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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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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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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My fighting spirit has often seemed out of place.
Lewis Schiff