Featured Quote

Short-term vision does not allow one to build better businesses and create value. If we keep a long-term perspective in mind, we will go through the good cycles and the bad cycles and reach the other side.

— Guy Hands Terra Firma Capital founder; acquired EMI Records in 2007

Ancient philosophy almost hasn't been bettered as a kind of therapeutic toolbox in 2400 years, and have a certain aesthetic to them which makes you feel part of a long tradition... You're part of a three millennia old tradition of wisdom that thousands and thousands of people have read the same book that you're reading, and found it therapeutic in very dark times.

I know a lot of people who develop and improve by squeezing more and more out of a repertoire, but the journey of development for me is somewhat opposite to that. I'm trying to let go more and more, to be less controlled and more open… that's where I feel the most impactful storytelling comes from.

I think the biggest technological innovation that will impact Wikia – and the Internet more broadly – is the continuing progress we are seeing in reducing the costs of communication technology, such that it will reach the entire planet in relatively short order. Just think about what happens when the next billion people come online, and the next two billion after that.

Participants in each market, faced with threats, had to put competitive behaviour aside and realise the strength of collaboration.

We have been interested in celebrities since the dawn of time. Jesus was the first celebrity, then the royal families. Celebrity culture exists even at a micro-level... It's human nature to be interested in the captain of the football team, the head cheerleader or who is doing what with who.

It takes intellectuals to come up with really stupid ideas. Unfortunately, these idea pathogens have led us to the abyss of infinite lunacy.

For businesses to survive, let alone brands, you need a secure and stable base. You need secure economic and social conditions to reduce risk.

Anyone who takes the DMT space seriously is forced to live a kind of parallel life. You slip back into 'normal life mode' and almost have to ignore the implications of what you saw. It shows you that this tawdry, flimsy domain we think is foundational to reality is actually nothing more than a theatre screen.

One of the challenges in networking is everybody thinks it's making cold calls to strangers. Actually, it's the people who already have strong trust relationships with you, who know you're dedicated, smart, a team player, who can help you.

I believe it's crucial, especially in social settings, to be both interesting and interested. Being well-informed and keeping up with current events make you more engaging, but showing genuine interest in others is key.

Innovative companies are not afraid of failure – they're willing to take risks, fail forward, learn from missteps, pivot, and keep going.

By far the most common is underestimating expenses. When industries do barely double-digits if their lucky, business plans ought not to be showing EBIT or EBITDA of 50-70% – that doesn't mean people are smart, it means they haven't understood the industry.

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