Georges Doriot Quotes

United States, Businessman
September 24, 1899 – June, 0, 1987.

Georges Frédéric Doriot was a French-born American venture capitalist. An émigré from France, Doriot became director of the U.S. Army's Military Planning Division, Quartermaster General, during World War II, eventually being promoted to brigadier general. In 1946, he founded American Research and Development Corporation, the world's first publicly owned venture capital firm, earning him the sobriquet "father of venture capitalism". In 1957, he founded INSEAD, the world's top global graduate business school with campuses in Fontainebleau , Singapore and Abu Dhabi.

There is always a critical job to be done. There is a sales door to be opened, a credit line to be established, a new important employee to be found, or a business technique to be learned. The venture investor must always be on call to advise, to persuade, to dissuade, to encourage, but always to help build. Then venture capital becomes true creative capital - creating growth for the company and financial success for the investing organization.

Georges Doriot
- Success
- Capital
- Investor
Always consider investing in a grade-A man with a grade-B idea. Never invest in a grade-B man with a grade-A idea.

Georges Doriot
- Idea
- Investing
- Grade

Someone, somewhere, is making a product that will make your product obsolete.

Georges Doriot
- Making
- Product
- Obsolete
Without action, the world would still be an idea.

Georges Doriot
- World
- Action
- Idea
Never go into venture capital if you want a peaceful life.

Georges Doriot
- Life
- Peaceful
- Capital
Be friendly but not chummy with your lawyers.

Georges Doriot
- Friendly
- Lawyers
- Chummy
You will get no where if you do not inspire people.

Georges Doriot
- People
- Inspire
- Get
People who do well in life understand things that other people don't understand.

Georges Doriot
- People
- Understand
- Well

A popular Harvard business professor urged his students to read the obituaries in the New York Times before they read anything else, in order to learn from the lives of great men.

Georges Doriot
- Learn
- Read
- Great Men