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21 Important Business Advice From Billionaires (must read)

21 Important Business Advice From Billionaires (must read)

Here are 21 hot and superb business advices from some billionaires. I find these advises motivating and inspiring and am very sure you
will find them inspiring & motivating too.

If you are willing to be successful and want to learn how those great billionaires made it, relax and read through these 50 superb
advices from billionaires.

1. “Innovation has nothing to do with how many R&D dollars you have. When Apple  came up with the Mac, IBM was spending at least 100 times more on R&D. It’s not about
money. It’s about the people you have, how you’re led, and how much you get it.” – Steve
Jobs of Apple

2. “To turn really interesting ideas and fledging ideas into a company that can continue to innovate for years, it requires a lot of disciplines.” – Steve Jobs of Apple

3. “The most meaningful way to differentiate your company from your competitors, the best way to put distance between you and the
crowd is to do an outstanding job with information. How you gather, manage and use information will determine whether you win or
lose.” – Bill Gates of microsoft

4. You’ve got to give great tools to small teams. Pick good people, use small teams and give them great tools so that they are very productive in terms of what they are doing.” –
Bill Gates of Microsoft

5. “If your cash is about to run out, you have to cut your cash flow. CEOs have to make those decisions and live with them however painful they may be. You have to act and act
now; and act in the best interest of the company as a whole, even if it means that some people in the company who are your best friends have to work somewhere else.” –
Larry Ellison of Oracle

6. “To succeed in business, you must build a brand and never destroy it. One competitive advantage I had when I ventured into manufacturing was my brand “Dangote,”
which I diligently built in the course of my trading commodities.” – Aliko Dangote of Dangote Group

7.”Manufacture, don’t just trade. There is money in manufacturing even though it is capital intensive. To achieve a big breakthrough, I had to start manufacturing the same product I was trading on; which is
commodities.” – Aliko Dangote of Dangote Group

8.“To be successful, you have to be out there, you have to hit the ground running, and if you have a good team around you and more than
a fair share of luck, you might make
something happen. But you certainly can’t guarantee it just by following someone else's formula.” – Richard Branson of Virgin Group

9.”Think like a queen. A queen is not afraid to fail. Failure is another stepping stone to greatness.” – Oprah Winfrey of Harpo Studios
Production

10.“A good businessman sees where others don’t see. What I see, you may not see. You cannot see because that is the secret of the business… the entire world is a big market
waiting for anybody who knows the rules of the game.” – Orji Uzor Kalu of Slok Group

11. “When there is a crisis, that’s when some are interested in getting out and that’s when we are interested in getting in.” – Carlos Slim
Helu of Telmex Corporation

12. “There’s no mystery in business success. If you do each day’s task successfully and stay faithfully within these natural operations
of commercial laws which I talk so much about and keep your head clear, you will come out all right.” – John D. Rockefeller of
standard oil

13.”The ability to deal with people is as purchasable as a commodity as sugar or coffee and I will pay more for that ability than for any other thing under the sun.” – John D. Rockefeller of standard oil

14. “In times of rapid change, experience could be your worst enemy.” – J. Paul Getty of Getty
O

15.“Somebody once said that in looking to hire people, look for three qualities; Integrity, intelligence and energy. If they don’t have the
first, the other two will kill you. You think about it; it’s true. If you hire somebody without the first, you really want them to be dumb and lazy.” – Warren Buffett of Berkshire
Hathaway

16.”The competitor to be feared is one who never bothers about you at all but goes on making his own business better all the time.”
Henry Ford of Ford Motor Company

17 “A business absolutely devoted to service will have one worry about profits. They will be embarrassingly large.” – Henry Ford of Ford
Motor Company

18.”If you see a snake, just kill it. Don’t appoint a committee on snakes.” – Henry
Ross Perot of EDS

19. “Good campaigns define who you are. We have to get consumers’ attention. We don’t have six months to check with focus groups.”
– Philip Knight of Nike

20. “Our job is to wake up the consumers. If we become predictable, that’s not waking
them up.” – Philip Knight of Nike

21. “Don’t spend so much time trying to choose the perfect opportunity, that you miss the right opportunity.” – Michael Dell of Dell
Inc.


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