Successful people listen. You have two ears and one mouth. Use them in that ratio. You learn more when you listen than when you talk.
Pareto principle: Always look for the 80/20. 80 percent of the value is delivered by 20 percent of the product/service. Focus on that 20 percent.
The importance of passion. When bosses finds people to run their businesses, their key criteria is to find somebody who would do the job whether they would get paid or not.
Be likable. People who are liked have the wind at their backs. So be liked.
Put on “the cloak” of leadership. A large part of your role is to inspire and motivate your employees, and people will look to you for confidence. If you were on a plane with engine problems, you don’t want the pilot to say “I am exploring a number of options and hope that…”, you want him to say, “I will do whatever it takes to land this plane.”
The best scientists can explain complex issues in simple terms. Pretty good scientists can explain complex issues in complex terms.
Be humble. The markets are brutal to those who are arrogant.
Understand what you don’t do well. Surround yourself with people and resources that can do these things well.