Business Concept Quotes & Sayings

It seems like those of us who run a business can't go five minutes without encountering the term "company culture." The phrase is always uttered with extreme adoration, yet the very concept seems as nebulous as it is elusive. — Leah Busque

The coffee served in the coffeehouses wasn't necessarily very good coffee. Because of the way coffee was taxed in Britain (by the gallon), the practice was to brew it in large batches, store it cold in barrels, and reheat it a little at a time for serving. So coffee's appeal in Britain had less to do with being a quality beverage than with being a social lubricant. People went to coffeehouses to meet people of shared interests, gossip, read the latest journals and newspapers - a brand-new word and concept in the 1660s - and exchange information of value to their lives and business. Some took to using coffeehouses as their offices - as, most famously, at Lloyd's Coffee House on Lombard Street, which gradually evolved into Lloyd's insurance market. — Bill Bryson

People are bad at looking at seeds and guessing what size tree will grow out of them. The way you'll get big ideas in, say, health care is by starting out with small ideas. If you try to do some big thing, you don't just need it to be big; you need it to be good. And it's really hard to do big and good simultaneously. So, what that means is you can either do something small and good and then gradually make it bigger, or do something big and bad and gradually make it better. And you know what? Empirically, starting big just does not work. That's the way the government does things. They do something really big that's really bad, and they think, Well, we'll make it better, and then it never gets better.
Building Fast Companies for Growth, Inc. September 2013 — Paul Graham

In so far as the church nurtures the schizophrenic Christian, the church herself contributes to the very process of dismemberment which it is her specific business to check and counter. For the church's function is properly to reconstitute the concept and the reality of the fill man, faculties, and forces blended and united in the service of God. The church's mission as the continuing vehicle of divine incarnation is precisely that- to build and rebuild the unified Body made and remade in the image of the Father. The mind of man must be won for God. — Harry Blamires

In my long career in this historical fiction business, though, I've found that the most effective storytelling concept is this: Once upon a time it was now.
That has become my credo and my method as a longtime historical novelist.
It's quite simple, if you see as Janus sees:
Today is now.
Yesterday was now.
Tomorrow will be now.
Three hundred years ago, the eighteenth century was now.
You, as a historical novelist, can make any time now by taking your reader into that time. Once you grasp that, the rest is just hard work.
Stay with me, and you'll see how such work is done. — James Alexander Thom

Our concept of eco-effectiveness means working on the right things - on the right products and services and systems - instead of making the wrong things less bad. Once you are doing the right things, then doing them "right," with the help of efficiency among other tools, makes perfect sense. — William McDonough

I consider each business investment based on concept and revenue. — Daymond John

Today, the concept of business is to make money. Making money is the name of the business. — Muhammad Yunus

The whole concept behind 'Forty Chances' is really a mindset: If everybody thought they had to put themselves out of business in 40 years, you had 40 chances to succeed in what your primary goals are, you would probably be more urgent and you would be forced to change quicker. — Howard Graham Buffett

Economic activity is no longer an adversarial contest between embattled sellers and buyers "In the distributed economy, where collaboration trumps competition, inclusivity replaces exclusivity and transparency and openness to others becomes essential to the new way of conducting business, empathic sensibility has room to breathe and thrive. It is no longer so constrained by hierarchies, boundaries of exclusion, and a concept of human nature that places acquisitiveness, self-interest, and utility at the center of the human experience." — Jeremy Rifkin

He loved the idea behind the Chinese concept of guanxi. It fit in the same general category as the concepts of friends, family, acquaintances, but it was more based in business and politics. Guanxi was about being able to call up a person one hadn't seen in years and ask for a favor. To have enough people in one's debt that there was more implied leverage to use when seeking favors from others. — Wildbow

The concept of karma is a beautiful concept in Sanskrit. The whole idea of karma is that every being has an innate tendency - the karma of ice is to be cold, the karma of fire is to burn, the karma of the trees is to grow and bear fruit. In the same way, a human has a certain thrust. What I've realized is that my thrust is to be in the world, like in the world of business. — Karan Bajaj

If sustainability is going to take hold in the corporate sector in a big way - and we need it to - it will be when it produces big profits and faster growth. It won't happen because of an optional executive commitment to an abstract concept. It will happen because sustainability is a great business strategy. And it is — Paul Gilding

When the concept of Social Security came before the House, every Republican but one voted against it. Had it not been for the Democrats, Social Security would never have passed, and our older people would not have this great support that our people provide. It has been my experience that Democrats generally vote to protect the people, while Republicans seem to try to protect the interests of big business. — Sam Rayburn

When I was a kid, a lot of my parents' friends were in the music business. In the late '60s and early '70s - all the way through the '70s, actually - a lot of the bands that were around had kids at a very young age. So they were all working on that concept way early on. And I figured if they can do it, I could do it, too. — Slash

The whole concept of treating people with dignity and respect is a concept that isn't a business concept, it's a life concept. It's who you are at the end of the day. — Greg Brenneman

When they want to do a thing, in business of course, they must wait till there arises in their brains, somehow, a religious, or ethical, or scientific, or philosophic, concept that the thing is right. And then they go ahead and do it, unwitting that one of the weaknesses of the human mind is that the wish is parent to the thought. — Jack London

The latest trade of a security creates a dangerous illusion that its market price approximates its true value. This mirage is especially dangerous during periods of market exuberance. The concept of "private market value" as an anchor to the proper valuation of a business can also be greatly skewed during ebullient times and should always be considered with a healthy degree of skepticism. — Seth Klarman

A pack of lemmings looks like a group of rugged individualists compared with Wall Street when it gets a concept in its teeth. — Warren Buffett

There are three important principles to Graham's approach. [The first is to look at stocks as fractional shares of a business, which] gives you an entirely different view than most people who are in the market. [The second principle is the margin-of-safety concept, which] gives you the competitive advantage. [The third is having a true investor's attitude toward the stock market, which] if you have that attitude, you start out ahead of 99 percent of all the people who are operating in the stock market - it's an enormous advantage. — Warren Buffett

If I make a painting, it should be seen for what it's set out to do too. A lot of the things that I do, it's not all art. Some of it's design, some of it's illustration, some of it's graphics, some of it's concept, some of it's business and some of it, hopefully, is art. — Ken Done

During this first term [as Burlington mayor in 1981] I discovered that the city was wasting substantial sums of money on its insurance policies. Companies, year after year, were getting the city's business at substantially higher than market rates. I instituted a radical socialist concept, 'competitive' bidding, which saved the city tens of thousands of dollars. — Bernie Sanders

Value added is a meaningless concept for a retail business , for a bank, for a life insurance company, and for any other business which is not primarily engaged in manufacturing. — Peter Drucker

In student government in high school, I learned how to deal with people, and in college I studied Eastern philosophy. I'm also an avid team-sports fan. I think I just blended them all together and came out with a business management philosophy that combines the Eastern ethic with the Western sport concept, basically. — Michael Ovitz

Our investments continue to be few in number and simple in concept: The truly big investment idea can usually be explained in a short paragraph. We like a business with enduring competitive advantages that is run by able and owner-oriented people. When these attributes exist, and when we can make purchases at sensible prices, it is hard to go wrong (a challenge we periodically manage to overcome). — Warren Buffett

It may seem odd to talk about something as soft and fuzzy as "passion" as an integral part of a strategic framework. But throughout the good-to-great companies, passion became a key part of the Hedgehog Concept. — James C. Collins

The only thing that I see that is distinctly different about me is I'm not afraid to die on a treadmill. I will not be out-worked, period. You might have more talent than me, you might be smarter than me, you might be sexier than me, you might be all of those things you got it on me in nine categories. But if we get on the treadmill together, there's two things: You're getting off first, or I'm going to die. It's really that simple, right?
You're not going to out-work me. It's such a simple, basic concept. The guy who is willing to hustle the most is going to be the guy that just gets that loose ball. The majority of people who aren't getting the places they want or aren't achieving the things that they want in this business is strictly based on hustle. It's strictly based on being out-worked; it's strictly based on missing crucial opportunities. I say all the time if you stay ready, you ain't gotta get ready. — Will Smith

In the restaurant business, there's the concept of pivot. Pivot to the stove, pivot to the refrigerator. — Tom Douglas

I think the anti-smoking business is a yuppie invention-an extension of the concept that we'll always be young, rich, and healthy. — Frank Zappa

I've seen how important this concept is in business. To be truly successful, companies need to have a corporate mission that is bigger than making a profit. We try to follow that at salesforce, where we give 1% of our equity, 1% of our profits, and 1% of our employees' time to the community. By integrating philanthropy into our business model our employees feel that they do much more than just work at our company. By sharing a common and important mission, we are united and focused, and have found a secret weapon that ensures we always win. — Marc Benioff

Since most startups operate at a break-neck pace, with a concept to prove or a product to launch within a rapidly shortening runway of financing, company culture often gets shoved aside. This is a big, big mistake: Nobody serious about their business should put culture in the corner. — Leah Busque

A frustration I have is that a lot of people increasingly seem to equate an advertising business model with somehow being out of alignment with your customers. I think it's the most ridiculous concept. — Mark Zuckerberg

Textbook rental is a great concept. It is just a great business model. — Dan Rosensweig

Madness was all very well if you were Alma and in a profession where insanity was a desirable accessory, a kind of psycho-bling. You couldn't get away with it down Martin's Yard, though. In the reconditioning business there was no real concept of delightful eccentricity. You'd find yourself as the recipient of a pharmaceutical lobotomy provided on the National Health, as a result of which your waistband would expand as your abilities to think, talk and respond to stimuli contracted. This — Alan Moore

I know certainly, for instance, it's part of the black aesthetic, the whole concept of art as business, art for art's sake, art as the competitive gesture, I connect with a very male-oriented concept of living, as opposed to, and we would call them alternate aesthetics, which include the black aesthetic, the feminist aesthetic, where art and poetry become part and parcel of one's daily living, one's daily expression, the need to communicate, the need to share one's feelings, to develop within oneself the best that is possible. And the definition of art as betterment, I think, is a mainstay of the alternative aesthetics. — Audre Lorde

But money spent while manic doesn't fit into the Internal Revenue Service concept of medical expense or business loss. So after mania, when most depressed, you're given excellent reason to be even more so. — Kay Redfield Jamison

It is no accident that our business, The University of Phoenix, is one of the top 50 community-minded companies in America. My father and I are strong believers in the concept of community. — Peter Sperling

..."extreme capitalism": the obsessive, uncritical penetration of the concept of the market into every aspect of American life, and the attempt to drive out every other institution, including law, art, culture, public education, Social Security, unions, community, you name it. It is the conflation of markets with populism, with democracy, with diversity, with liberty, and with choice---and so the denial of any form of choice that imposes limits on the market. More than that, it is the elimination of these separate concepts from our political discourse, so that we find ourselves looking to the stock market to fund retirement, college education, health care, and having forgotten that in other wealthy and developed societies these are rights, not the contingent outcomes of speculative games.

James K. Galbraith, Lloyd M. Bentsen Jr. Chair in Government/Business Relations and Professor of Government, University of Texas. — James K. Galbraith

I have found that the more I honored others, the more they honored me and the more fulfilling my career became. In the business arena, I have been surrounded by people with awesome skills. The difference between good and great is determined by the mindset you choose to bring to the work. The concept of honor should be part of that mindset. — Douglas Conant

I admire leaders in science, people who really figure things out like Richard Fineman or people who work on vaccines, tons of people working on [the] HIV vaccine. There's leaders in business, people like Warren Buffett, who've got a certain approach they take that are pretty amazing. There [are] product innovators like Steve Jobs was, where he gets behind a concept and does a fantastic job. — Bill Gates

The concept of corporate social responsibility (CSR) has long been used as an effective lens through which to examine the actions business can take toward ensuring mutual long-term well-being and sustainability. — Klaus Schwab

"Growth!" is not a Hedgehog Concept. Rather, if you have the right Hedgehog Concept and make decisions relentlessly consistent with it, you will create such momentum that your main problem will not be how to grow, but how not to grow too fast. — James C. Collins

Networks do not offer a miracle drug, a strategy that makes you invincible in any business environment. The truly important role networks play is in helping existing organizations adapt to rapidly changing market conditions. The very concept of network implies a multidimensional approach. — Albert-Laszlo Barabasi

Lately ... the Peter Principle has given way to the "Dilbert Principle." The basic concept of the Dilbert Principle is that the most ineffective workers are systematically moved to the place where they can do the least damage: management. — Scott Adams

Adroit geo-strategists take new realities into account as they try to imagine how global politics will unfold. In the foreign policy business, however, inertia is a powerful force and 'adroit' a little-known concept. — Stephen Kinzer

People in a process culture understand how the concept of an end-to-end business process provides value to clients and how their individual roles impact that value. — Peter Franz

Entrepreneurs always begin the journey believing that they have the next big idea. They dream of the fame and fortune that awaits them if only they had the funding to pursue it. But the reality is that as the product is built and shared with customers, flaws in their concept are discovered that - if not overcome - will kill the business. — Jay Samit

For those of you unfamiliar with the term "growth hacking," growth hacking focuses exclusively on strategies and tactics (typically in digital marketing) that help grow a business or product. The concept was first coined by Sean Ellis of Dropbox fame back in 2010 in a blog post. It has since changed the face of startup marketing, with Techcrunch guest writer Aaron Ginn explaining that a growth hacker has a "mindset of data, creativity, and curiosity. — Monica Leonelle

I use doodling for a variety of reasons: I use it to get clarity around a concept, I use it to relax, I use it to communicate ideas with others and get their refinement of them, I use it to map complex systems for companies, I use it to run innovation games for business, I use it to get insight on something puzzling me. — Sunni Brown

I have found that we need to maintain relationships with all spheres of society: the local community, politicians from all parties, business leaders, artists, and farmers....We don't favor one kind of person over another, or one political party over another...My goal is for them to use the method and concept of Chan practice to benefit their work and their organizations....That is our duty. — Sheng Yen