Mastering the paradox of star brands is very difficult and rare - fortunately.
Bernard ArnaultRead
I think in business, you have to learn to be patient. Maybe I'm not very patient myself. But I think that I've learned the most is be able to wait for something and get it when it's the right time.
Interpretation
What this quote means
Patience is essential in business as it allows for better timing and decision-making.
This quote by Bernard Arnault emphasizes the importance of patience in business endeavors. He acknowledges his own struggle with patience but suggests that true success comes from knowing when to wait for the right opportunity, rather than rushing into decisions. This ability to exercise patience can lead to better outcomes and greater achievements in the long run.
Themes
PatienceBusinessSuccessTimingOpportunity
In practice
Example use cases
During a business seminar to highlight the importance of strategic planning.
More from Bernard Arnault
All quotes →It is not enough to have a talented designer; the management must be inspired too. The creative process is very disorganised; the production process has to be very rational.
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When you are on the management side, you still have to understand the artistic sensibility so that there is a dialogue with the creative side.
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What made Louis Vuitton famous was the quality. We don't do marketing; we just create products which are exceptional in their design and craftsmanship.
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It's very important that when you have a designer like Marc Jacobs, who is a genius, you give him complete freedom.
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