…the question, Why try for greatness? would seem almost tautological. If you’re doing something you care that much about, and you believe in its purpose deeply enough, then it is impossible to imagine not trying to make it great. It’s just a given.
JAMES C. COLLINSThe challenge is not just to build a company that can endure; but to build one that is worthy of enduring.
More James C. Collins Quotes
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You absolutely must have the discipline not to hire until you find the right people.
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A visionary company doesn’t simply balance between idealism and profitability: it seeks to be highly idealistic and highly profitable.
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By definition, it is not possible to everyone to be above the average.
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The inner experience of fallure is totally different than failure. Going to fallure means 100% commitment – you leave nothing in reserve, no mental or physical resource untapped, you never give yourself a psychological out.
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Level 5 leaders are differentiated from other levels of leaders in that they have a wonderful blend of personal humility combined with extraordinary professional will.
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First figure out your partners, then figure out what ideas to pursue. The most important thing isn’t the market you target, the product you develop or the financing, but the founding team.
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Profit is like oxygen, food, water, and blood for the body; they are not the point of life, but without them, there is no life.
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We learned that a former prisoner of war had more to teach us about what it takes to find a path to greatness than most books on corporate strategy.
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The moment you feel the need to tightly manage someone, you’ve made a hiring mistake. The best people don’t need to be managed. Guided, taught, led-yes. But not tightly managed.
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Companies that change best over time know first and foremost what should not change.
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The secret to a successful retirement is to find your retirement sweet spot. The sweet spot is where your passions, what you do best, and what people will pay you to do overlap.
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Not all time in life is equal. How many opportunities do you get to talk about what your life is going to add up to with people thinking about the same question?
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Not one of the good-to-great companies focused obsessively on growth.
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The greatest leaders build organizations that, in the end, don’t need them.
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The purpose of bureaucracy is to compensate for incompetence and lack of discipline.
JAMES C. COLLINS