Successful family businesses and multi-generational entrepreneurs can often attribute a large number of factors to their achievements. But one key aspect that is commonly seen across their respective organizations is that they are founded on a set of core values and philosophies that outlive the founding members, deeply entrenched into the company’s culture by its leadership.
Here are 10 Inspiring Quotes from Top Family Business Leaders and Entrepreneurs.
“Sometimes it feels like today, we are all just thinking of numbers and spreadsheets. At times, we forget that instinct is just as important.”
“I would say if your business is not growing, that could itself possibly be the best news ever. It’s fantastic because it’s more than likely your business is a cash cow.”
“Any company owner that wants to grow their brand has to delegate. Giving people their responsibilities is the only way to develop a company unless you have superpowers of course!”
“You have to want to serve the people well, that has to be one of your core drivers. If you just want to make money, sell cheap, it won’t work.”
“If companies aren’t willing to adapt to change, they are in trouble. A lot of people hate change and that holds them back.”
“You have to allow innovation even if you don’t understand it in the now.”
“You have to manage the pace of change. It is a matter of building up the right momentum; if you go too fast people can’t adapt, let alone follow.”
“As long as you create strong core capabilities, it doesn’t matter how many people imitate your business model. Be aware and stay focused on your mission.”
“I believe a good leader has to give more space to managers and employees to make decisions in their field of work. Otherwise, they will lose out on the feeling of success, which is a driver in the business world.”
“Not everyone is creating a Silicon Valley start-up. Most entrepreneurs are solving immediate problems in their communities and will never care about VCs or debt to equity ratios.”