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Bloomberg by Bloomberg QUOTES

Bloomberg by Bloomberg QUOTES

1 " And, as I would learn later on in my life - at Salomon Brothers and in my own company - it's the "doers", the lean and hungry ones, those with ambition in their eyes and fire in their bellies and no notions of social caste, who go the furthest and achieve the most. "

― Michael R. Bloomberg , Bloomberg by Bloomberg

2 " If you have to compete based on capital, the giant always wins. If you can compete based on smarts, flexibility, and willingness to give more for less, then small companies like Bloomberg clearly have an advantage. "

― Michael R. Bloomberg , Bloomberg by Bloomberg

3 " Did I want to risk an embarrassing and costly failure? Absolutely. Happiness for me has always been the thrill of the unknown, trying something that everyone says can't be done, feeling that gnawing pit in my stomach that says "Danger ahead". Would it be nice not to have uncertainty, to sit back and "veg out"? When the phone rings constantly, when people keep demanding attention, when I desperately need time to myself, it seems an attractive notion just to "chuck it all". But then nobody calls, nobody stops by, and soon I'm nibbling my nails and getting irritable, and I realize that's not what I want. It sounds good. In reality though, I want action, I want challenge. "

― Michael R. Bloomberg , Bloomberg by Bloomberg

4 " Those enterprises that see new needs and react more quickly, win! "

― Michael R. Bloomberg , Bloomberg by Bloomberg

5 " A better way to evaluate a company is to talk to the experts. No, I don’t mean journalists or analysts. I mean those who really know what’s going on and what the potential "

― Michael R. Bloomberg , Bloomberg by Bloomberg

6 " If you’re going to succeed, you need a vision, one that’s affordable, practical, and fills a customer need. Then, go for it. Don’t worry too much about the details. Don’t second-guess your creativity. Avoid overanalyzing the new project’s potential. Most importantly, don’t strategize about the long term too much. "

― Michael R. Bloomberg , Bloomberg by Bloomberg

7 " Banks and venture capitalists can be the worst enemies of entrepreneurs. They create doubt in entrepreneurs’ minds, with their insistence on detailed game plans before they lend. They want five-year projections in a world that makes six-month forward planning difficult, even for stable and mature businesses, and they insist on “revenue budgeting” when no one knows what the new product will look like or who’ll buy how much. And worst of all, they think an originator will be helped by their oh-so-insightful views on how he or she should run the new business. Often, they kill off what’s different, special, and full of potential. "

― Michael R. Bloomberg , Bloomberg by Bloomberg

8 " When I saw that screen light up that day in the Merrill Lynch offices, I lost any residual doubt that Bloomberg could make it. We had picked just the right project. It was big enough to be useful, small enough to be possible. Start with a small piece; fulfill one goal at a time, on time. Do it with all things in life. Sit down and learn to read one-syllable words. If you try to read Chaucer in elementary school, you’ll never accomplish anything. You can’t jump to the end game right away, in computers, politics, love, or any other aspect of life. "

― Michael R. Bloomberg , Bloomberg by Bloomberg

9 " Every morning when we get up, we relish the day’s upcoming battles. They keep us alive, and they keep Bloomberg’s corporate family thriving. We can’t wait for tomorrow. Who says we can’t do that? What do you mean they’ll beat us? Have them put on their boxing gloves, and send them into the ring. We’re ready! "

― Michael R. Bloomberg , Bloomberg by Bloomberg

10 " the key questions are more important than ever: What is the problem? How valuable is the solution? Can we provide it profitably? Where will our competition come from? When I started out with computers, I believed what the manufacturers’ promotional materials promised. I grew into a skeptical, nontrusting cynic, but one who believes more than most in the potential technology has to improve our lives. What I learned on the journey was that we are all humans, and technology exists to serve us, not the reverse. The challenge is to resolve people issues, not software ones. "

― Michael R. Bloomberg , Bloomberg by Bloomberg