- All Quotes
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I spent five years running Manhattan GMAT helping young people get into business school.
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People love Twinkies, and everyone knows about them, yet Hostess went bankrupt. Attention and commercial success have an uncertain relationship in business.
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Freelancers generally want as friction-free an engagement as possible.
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The reason Donald Trump was elected was that we automated away four million manufacturing jobs in Michigan, Ohio, Pennsylvania, and Wisconsin. If you look at the voter data, it shows that the higher the level of concentration of manufacturing robots in a district, the more that district voted for Trump.
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Back in 2001, my first start-up was mentioned in the 'New York Times' and 'USA Today.' I figured that would drive thousands of visitors to the site and tons of new business. Instead, only a handful of people visited our site, and not much business came of it at all.
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The monetary market is going to value people's time less and less as time goes on, so you need another way to structure their day that rewards them.
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Starting a successful company is one of the hardest things anyone does.
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If your son graduates from Harvard, people will regard him as smart and highly qualified for the rest his life and give him access to opportunities. He'll be able to get any job he wants.
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Of course, women are free to start any kind of company they want. But women sometimes identify different problems than men do and start different sorts of companies as a result.
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It might be a lot easier to take risks if you're part of a group who will look out for one another.
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Asking the government to fix our economy is like asking an editor to fix a movie, but in this case, the editor's not even of one mind.
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At Manhattan GMAT, I had done my best to create a positive work environment and culture, and I further believed in rewarding people financially at or above the market rate for a job well done.
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As a society, we can't hide from the future; we have to build and own it.
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If you join a growth organization, you'll likely do different things in different roles throughout your career. It's excellent to learn and build with others. You'll meet people you want to work with.
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Online education and technology are doubtless going to change how we learn in the years ahead. Remote learning is inexpensive and brings down the cost of near-universal access.
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Overnight successes are generally years in the making. And most progress is made in isolation, far from the public eye.
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I have started or run several companies and spent time with dozens of entrepreneurs over the years. Virtually none of them, in my experience, made meaningful personnel or resource-allocation decisions based on incentives or policies.
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Just about any growth company is going to need smart salespeople, account and project managers, business development, marketing, operations, customer service, content creation, communications, analytics, and social media.
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I probably looked pretty conventionally successful as a 24-year-old getting paid $125,000 a year, plus bonus, wearing suits, and living in a Manhattan apartment. But I hated my job, I didn't admire the people I was working with, and I felt that I was becoming a smaller, less imaginative, less risk-taking, less likable version of myself.
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Millennials get a bad rap sometimes about their grit and perseverance.
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If we create enough new companies, there will be additional opportunities for people at every rung of the educational ladder.
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If you're a set of guys looking to start a company, think about women you could team up with - they will see things differently and solve problems you didn't even realize you had.
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One could argue that our national university system has become a de facto talent drain for much of the country. Many states and communities send their top students away to great schools, never to hear from them again.
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In the start-up setting and in most companies, the output is action-oriented. You need to be getting things done and making decisions, often with limited information.