Those who build great companies understand that the ultimate throttle on growth for any great company is not markets, or technology, or competition, or products. It is one thing above all others: the ability to get and keep enough of the right people.
JAMES C. COLLINSIt’s what you do before you are in trouble, so that you can be strong when people most need you.
More James C. Collins Quotes
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If I’m going really, really fast, I can do a page of finished text a day, on average.
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Companies that change best over time know first and foremost what should not change.
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Mediocrity results first and foremost from management failure, not technological failure.
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Bad decisions made with good intentions, are still bad decisions.
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If I were running a company today, I would have one priority above all others: to acquire as many of the best people as I could. I’d put off everything else to fill my bus. Because things are going to come back. My flywheel is going to start to turn.
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The only way to deliver to the people who are achieving is to not burden them with the people who are not achieving.
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The only way to make any company visionary is through a long-term commitment to an eternal process of building the organization to preserve the core and stimulate progress.
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The challenge is not just to build a company that can endure; but to build one that is worthy of enduring.
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It occurs to me,Jim,that you spend too much time trying to be interesting. Why don’t you invest more time being interested?” Collin’s advice from John Gardner that he took to heart.
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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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You not only want to win a gold medal at the Olympics, you not only can see yourself standing there on the podium, but you can also feel the goose bumps as your national anthem is played; the tears are in your eyes. (That’s how real a dream can be and should be)
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Consider the idea that charisma can be as much a liability as an asset. Your strength of personality can sow the seeds of problems, when people filter the brutal facts from you.
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Everytime you think of it, the idea in your head seems to get more vivid, filled in with more detail:
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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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If you have more than three priorities then you don’t have any.
JAMES C. COLLINS