Build wealth as a by product of your business success. If wealth is your only objective in business, you will probably fail.
Interpretation
Prioritizing business success over wealth is essential for achieving lasting prosperity.
J. Paul Getty emphasizes that true wealth comes from focusing on succeeding in business rather than merely chasing money. If one is solely driven by the desire for wealth, it often leads to poor decision-making and eventual failure. The quote suggests that passion, commitment, and success in your business endeavors will naturally lead to financial rewards.
In practice
During a business seminar focusing on entrepreneurial mindset.
Today's dissenters mainly focus their attention and expend their energies on the most inconsequential of trivia. ...Allegedly serious intellectuals quibble endlessly over such ridiculous trivialities...In the meantime, the public is lulled into a perilous somnolence, spoon-fed pap, and palpable untruths, many of which are turned out by special-interest and pressure groups and well organized propaganda machines.
You must not only learn to live with tension, you must seek it out. You must learn to thrive on stress.
In times of rapid change, experience could be your worst enemy.
The #1 guideline to success is you must be in business for yourself. When you work for someone else, you sell your time at wholesale to your employer, who then re-sells it at retail to the customer.
Patience; this is the greatest business asset. Wait for the right time to make your moves.
There is only one way to make a great deal of money; and that is in a business of your own.
Success is the doing, not the getting - in the trying, not the triumph.
A great restaurant doesn't distinguish itself by how few mistakes it makes but by how well they handle those mistakes.
I'm always thinking about losing money as opposed to making money. Don't focus on making money, focus on protecting what you have
I am extremely proud and honoured to have beaten Pete's record as he was my childhood hero and I have always looked up to him.
We are producing something people can live without. But we need to keep thinking what would make our products a priority purchase even if they are not a necessity. If we stop doing that, no matter how successful Nintendo is at the moment, things will start going wrong in no time.
The world was not supportive. They look at me as a joke for 13 to 14 years until I could prove feasibility; then I had competitors. Those that laughed at me became my competitors.
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