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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

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Lewis Schiff
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More quotes by Lewis Schiff

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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.
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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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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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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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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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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'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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I would have to say that my mother's entrepreneurial perspective, and that of her father's, are very evident in my own outlook.
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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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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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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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As you climb of the organizational ladder, you have to redefine your role in the value chain from player to captain to coach to manager, and for some, to owner. These are different roles and you won't be able to succeed as a manager when you're acting like a player.
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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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I believe in labeling things.
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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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My fighting spirit has often seemed out of place.
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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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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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I believe that only a subset of us is meant to lead. The rest want to follow.
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