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I knew how to sell. I felt confident I could run a business. I was willing to outwork anyone. I wasn't afraid to live like a student on next to nothing. So that meant I had absolutely nothing to lose and everything to gain.
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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.
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There's no law against stupid - I learned that a long time ago.
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Someone is out there looking to put you out of business. Someone is out there who thinks they have a better idea than you have. A better solution than you have. A better or more efficient product than you have.
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Liquidity is a good proxy for relative net worth. You can't lie about cash, stocks, and bond values.
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I think Amazon is the greatest start-up and the greatest company in the world. The way they are using new technologies is not just disrupting retail, it's getting ready to disrupt everything.
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When you look at 'policy wonk' in the dictionary, the one picture you won't see is Donald Trump.
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Because if you're prepared and you know what it takes, it's not a risk. You just have to figure out how to get there. There is always a way to get there.
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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.
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At least before my hip replacement, I had a quick first step. I could get by you off the dribble. My business game is the same way. I can turn an idea into a business before you know it's going to be important. My first step will blow by you.
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When you've got 10,000 people trying to do the same thing, why would you want to be number 10,001?
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Leaders don't change their positions mid-debate. They welcome scorn from the masses because it creates the opportunity for dialogue.
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Up until Trump announced his candidacy, the conventional wisdom was that you had to be a professional politician in order to run. You had to have a background that was politically scrubbed. In other words, smart people who didn't live perfect lives could never run.
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Talent without effort is wasted talent. And while effort is the one thing you can control in your life, applying that effort intelligently is next on the list.
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Automation is going to cause unemployment, and we need to prepare for it.
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In my opinion, right now there's way too much hype on the technologies and not enough attention to the real businesses behind them.
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My guiding principle and motivation was that I wanted to retire by the time I turned 35. There actually are two books that I bought and still have - Paul Terhost's 'Cashing In On the American Dream: How to Retire at 35' and Andrew Tobias's 'The Only Investment Guide You'll Ever Need' - that were my personal financial road map.
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I can't say it enough that learning how to learn is one of the greatest skills anyone can have. It's why I advocate that everyone go to college.
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Make sure you are the boss. I don't think I would encourage executives that work for me to blog. There can be only 1 public vision for an organization.
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'Shark Tank' is fun, but it's all business. We use our own money, and the competition between the sharks is fierce. More importantly, it's an opportunity to invest in businesses that are being watched and considered by millions of people every time it's shown.
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Sweat equity is the most valuable equity there is. Know your business and industry better than anyone else in the world. Love what you do or don't do it.
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I love helping entrepreneurs. It's something I really have fun doing. It's like planting a little seed and watching it grow.
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I used to drive around looking at the big houses, wondering how they got there. I used to love biographies about successful business people, wondering how they got there. You start to realize that if they can do it, I can do it.
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I believe in lower taxes. I believe in more efficient government. I believe in reducing bureaucracy. I believe that we shouldn't have lobbyists who can go in or former government workers who can come back and lobby.