In the 1970s, Japan moved into the U.S. turf with its televisions, cars, chips, and steel. But if you think about it, the only business Japan destroyed was the U.S. television industry.
Whatever business you're in - it doesn't matter - it's going to commoditize over time. It's going to devalue. You've got to keep moving it to a higher value.
I'm not as interested in what you make as I am in what you're passionate about. What business are you really in?
When you're building a business or joining a company, you have to be transparent; you can't have two sets of information for two sets of people.
I never took classic business classes in college, so I don't have the background that any of the people running large companies have.
The work of the individual still remains the spark that moves mankind ahead even more than teamwork.
I just want to be master of my own time. It is ironic that someone in the watch business should not be in control of his time.
I was never a hugely successful theatre designer. I painted a lot of scenery and did the lighting, and my lighting business grew out of that.
A guy named Charlie Beacham was my first mentor at Ford. He taught me the importance of the dealers, and he rubbed my nose in the retail business.
I certainly think you could look at the business side of how WWE was run, which was as a conservative company with little debt and strong cash balance.
I still work hard to know my business. I'm continuously looking for ways to improve all my companies, and I'm always selling. Always.
But we have to ask ourselves, what's the purpose of the stock market? It's supposed to be a source of capital for growing business. It's lost that purpose.
You've got to be very cognizant of the correlation between social media links and business because they don't always correlate as highly as people would like.
If you're soft and fuzzy, like our little characters, you become the skinny kid on the beach, and people in this business don't mind kicking sand in your face.
The problem is that many times people suspend their common sense because they get drowned in business models and Harvard business school teachings.
I was actually the manager of the games department of an amusement park when I was at college, so I understood the coin-op side of the games business very well.
I'd want to bring a flamethrower to faculty meetings. The preciousness of academics and their fragile personalities would not be tolerated in any other business in the known universe.
Generals aren't in the business of commenting on the correctness or incorrectness of the President's decisions. Anybody who thinks he should be able to do that ought to be fired on the spot.
Did you know that Kodak actually invented the digital camera that ultimately put it out of business? Kodak had the patents and a head start, but ignored all that.
People need to understand how exponential technologies are impacting the business landscape. They need to do some future-casting and look at how industries are evolving and being transformed.
When I talk about taking bold actions in the world, few things are bolder than creating the 'Huffington Post' from scratch and reinventing the newspaper business.