Entrepreneur Quotes

101 Inspirational Business Quotes for 2023

Published

2 months ago

Apr 11, 2023

Dan Western

101 Inspirational Business Quotes for 2017

Which are your favorite business quotes?

It’s time to inspire the next generation of fresh and innovative entrepreneurs!

So in the spirit of 2020, I’ve compiled a list of 101 inspirational business quotes to keep every entrepreneur out there inspired this year.

There are some amazing quotes on this list, including some from people like Warren Buffet, Seth Godin, Gary Vaynerchuck, Maya Angelou, and Robert Kiyosaki.

101 Inspirational Business Quotes

I’ve grouped the list by individuals, listing all their quotes in one go if they have 2 or more inspirational business quotes featured on the list. Anybody who has just one quote featured on the list is in the ‘Miscellaneous’ section at the end, followed by the ‘Unknown’ section.

Any picture quotes included within the mix are bonuses! Don’t forget to share the list with your followers and friends on social media!

Gary Vaynerchuck

1. “Please think about your legacy, because you’re writing it every day.” – Gary Vaynerchuck

2. “Brands mature over time, like a marriage. The bond you feel with your spouse is different than when you first met each other. Excitement and discovery are replaced by comfort and depth.” – Gary Vaynerchuck

Richard Branson

3. “A business has to be involving, it has to be fun, and it has to exercise your creative instincts.” – Richard Branson

4. “Unless you dream, you’re not going to achieve anything.” – Richard Branson

Warren Buffet

5. “”You only have to do a very few things right in your life so long as you don’t do too many things wrong.” – Warren Buffett

6. “Only when the tide goes out do you discover who’s been swimming naked.” – Warren Buffett

Oprah Winfrey

7. “”I feel that luck is preparation meeting opportunity.” – Oprah Winfrey

8. “There is no such thing as failure. Failure is just life trying to move us in another direction.” – Oprah Winfrey

Henry David Thoreau

9. “Beware of any enterprise requiring new clothes.” – Henry David Thoreau

10. “Success usually comes to those who are too busy to be looking for it.” – Henry David Thoreau

Thomas Watson

11. “The great accomplishments of man have resulted from the transmission of ideas of enthusiasm.” – Thomas Watson

12. “To be successful, you have to have your heart in your business, and your business in your heart.” – Thomas Watson

Seth Godin

13. “Change is not a threat, it’s an opportunity. Survival is not the goal, trans-formative success is.” – Seth Godin

14. “You are not your resume, you are your work.” – Seth Godin

15. “There’s no shortage of remarkable ideas, what’s missing is the will to execute them.” – Seth Godin

16. “People rarely buy what they need. They buy what they want.” – Seth Godin

17. “Ideas in secret die. They need light and air or they starve to death.” – Seth Godin

Jim Rohn

18. “You must either modify your dreams or magnify your skills.” – Jim Rohn

19. “Your income is directly related to your philosophy, NOT the economy.” – Jim Rohn

20. “If you are not willing to risk the usual, you will have to settle for the ordinary.” – Jim Rohn

Zig Ziglar

21. “Statistics suggest that when customers complain, business owners and managers ought to get excited about it. The complaining customer represents a huge opportunity for more business.” – Zig Ziglar

22. “Don’t be distracted by criticism. Remember – the only taste of success some people get is to take a bite out of you.” – Zig Ziglar

Robert Kiyosaki

23. “Don’t let the fear of losing be greater than the excitement of winning.” – Robert Kiyosaki

24. “In the real world, the smartest people are people who make mistakes and learn. In school, the smartest people don’t make mistakes.” – Robert Kiyosaki

25. “Don’t be addicted to money. Work to learn. don’t work for money. Work for knowledge.” – Robert Kiyosaki

26. “Often, the more money you make the more money you spend; that’s why more money doesn’t make you rich – assets make you rich.” – Robert Kiyosaki

27. “The moment you make passive income and portfolio income a part of your life, your life will change. Those words will become flesh.” – Robert Kiyosaki

Steve Jobs

28. “If you keep your eye on the profit, you’re going to skimp on the product. But if you focus on making really great products, then the profits will follow.” – Steve Jobs

29. “If you really look closely, most overnight successes took a long time.” – Steve Jobs

30. “If you don’t love something, you’re not going to go the extra mile, work the extra weekend, challenge the status quo as much.” – Steve Jobs

31. “I’m convinced that about half of what separates the successful entrepreneurs from the non-successful ones is pure perseverance.” – Steve Jobs

Jeff Bezos

32. “If you’re competitor-focused, you have to wait until there is a competitor doing something. Being customer-focused allows you to be more pioneering.” – Jeff Bezos

33. “If you never want to be criticized, for goodness’ sake don’t do anything new.” – Jeff Bezos

34. “I strongly believe that missionaries make better products. They care more. For a missionary, it’s not just about the business. There has to be a business, and the business has to make sense, but that’s not why you do it. You do it because you have something meaningful that motivates you.” – Jeff Bezos

35. “The one thing that offends me the most is when I walk by a bank and see ads trying to convince people to take out second mortgages on their home so they can go on vacation. That’s approaching evil.” – Jeff Bezos

Bill Gates

36. “Most of our competitors were one-product wonders … They would do their one product, but never get their engineering sorted out.” – Bill Gates

37. “Success is a lousy teacher. It seduces smart people into thinking they can’t lose.” – Bill Gates

38. “Your most unhappy customers are your greatest source of learning.” – Bill Gates

Henry Ford

39. “The man who will use his skill and constructive imagination to see how much he can give for a dollar, instead of how little he can give for a dollar, is bound to succeed.” – Henry Ford

40. “There is one rule for the industrialist and that is: make the best quality goods possible at the lowest cost possible, paying the highest wages possible.” – Henry Ford

41. “A business absolutely devoted to service will have only one worry about profits. They will be embarrassingly large.” – Henry Ford

42. “I cannot discover that anyone knows enough to say what is and what is definitely not possible.” – Henry Ford

Farrah Gray

43. “You know, you don’t have to have money to be a successful businessperson. You don’t need a college degree, you just need a lot of common sense backed up by a willingness to work hard.” – Farrah Gray

44. “Build your own dreams, or someone else will hire you to build theirs.” – Farrah Gray

Maya Angelou

45. “I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.” – Maya Angelou

46. “My mission in life is not merely to survive, but to thrive; and to do so with some passion, some compassion, some humor, and some style.” – Maya Angelou

47. “If you don’t like something, change it. If you can’t change it, change your attitude. Don’t complain.” – Maya Angelou

Walt Disney

48. “The way to get started is to quit talking and begin doing.” – Walt Disney

49. “All our dreams can come true, if we have the courage to pursue them.” – Walt Disney

50. “If you can dream it, you can do it. Always remember this whole thing was started by a mouse.” – Walt Disney

51. “You can design and create, and build the most wonderful place in the world. But it takes people to make the dream a reality.” – Walt Disney

52. “A man should never neglect his family for business.” – Walt Disney

53. “You reach a point where you don’t work for money.” – Walt Disney

Winston Churchill

54. “Never give in except to convictions of honor and good sense.” – Winston Churchill

55. “Success is walking from failure to failure with no loss of enthusiasm.” – Winston Churchill

56. “We make a living by what we get, but we make a life by what we give.” – Winston Churchill

57. “If you are going through hell, keep going.” – Winston Churchill

Miscellaneous Business Quotes

58. “The most common way people give up their power is by thinking they don’t have any.” – Alice Walker

59. “Life is what happens to you while you’re busy making other plans.” – John Lennon

60. “Eighty percent of success is showing up.” – Woody Allen

61. “It is never too late to be what you might have been.” – George Eliot

62. “I find that the harder I work, the more luck I seem to have.” – Thomas Jefferson

63. “Look well to this day. Yesterday is but a dream and tomorrow is only a vision. But today well lived makes every yesterday a dream of happiness and every tomorrow a vision of hope. Look well therefore to this day.” – Francis Gray

64. “Leadership is the art of getting someone else to do something you want done because he wants to do it.” – Dwight Eisenhower

65. “Never interrupt your enemy when he is making a mistake.” – Napoleon Bonaparte

66. “The first one gets the oyster the second gets the shell.” – Andrew Carnegie

67. “Live daringly, boldly, fearlessly. Taste the relish to be found in competition – in having put forth the best within you.” – Henry J. Kaiser

68. “The winners in life think constantly in terms of I can, I will, and I am. Losers, on the other hand, concentrate their waking thoughts on what they should have or would have done, or what they can’t do.” – Dennis Waitley

69. “Far and away the best prize that life offers is the chance to work hard at work worth doing.” – Theodore Roosevelt

70. “We generate fears while we sit. We over come them by action. Fear is natures way of warning us to get busy.” – Dr. Henry Link

71. “If you see a bandwagon, it’s too late.” – James Goldsmith

72. “One finds limits by pushing them.” – Herbert Simon

73. “The trick is in what one emphasizes. We either make ourselves miserable, or we make ourselves strong. The amount of work is the same.” – Carlos Castaneda

74. “You must be the change you wish to see in the world.” – Mahatma Gandhi

75. “Even if you are on the right track, You’ll get run over if you just sit there.” – Will Rogers

76. “My son is now an ‘entrepreneur’. That’s what you’re called when you don’t have a job.” – Ted Turner

77. “Leadership is a potent combination of strategy and character. But if you must be without one, be without the strategy.” – Norman Schwarzkopf

Miscellaneous Business Quotes (78-85)

78. “For all of its faults, it gives most hardworking people a chance to improve themselves economically, even as the deck is stacked in favor of the privileged few. Here are the choices most of us face in such a system: Get bitter or get busy.” – Bill O’ Reilly

79. “I like thinking big. If you’re going to be thinking anything, you might as well think big.” – Donald Trump

80. “To think is easy, to act is difficult. To act as one thinks is the most difficult.” – Johann Wolfgang Von Goeth

81. “Yesterday’s home runs don’t win today’s games.” – Babe Ruth

82. “The only place where success comes before work is in the dictionary.” – Vidal Sassoon

83. “Business in a combination of War and sport.” – Andre Maurois

84. “Surviving a failure gives you more self–confidence. Failures are great learning tools… but they must be kept to a minimum.” – Jeffrey Immelt

85. “To think creatively, we must be able to look afresh at what we normally take for granted.” – George Kneller

Miscellaneous Business Quotes (86-97)

86. “All paid jobs absorb and degrade the mind.” – Aristotle

87. “Winning is not a sometime thing; it’s an all time thing. You don’t win once in a while, you don’t do things right once in a while, you do them right all the time. Winning is habit. Unfortunately, so is losing.” – Vince Lombardi

88. “To succeed… You need to find something to hold on to, something to motivate you, something to inspire you.” – Tony Dorsett

89. “Always forgive your enemies. Nothing annoys them more.” – Oscar Wilde

90. “Early to bed and early to rise probably indicates unskilled labor.” – John Ciardi

91. “Hire character. Train skill.” – Peter Schutz

92. “It is better to fail in originality than to succeed in imitation.” – Herman Melville

93. “The road to success and the road to failure are almost exactly the same.” – Colin R. Davis

94. “Success is not final; failure is not fatal: It is the courage to continue that counts.” – Winston S. Churchill

95. “Opportunities don’t happen. You create them.” – Chris Grosser

96. “Don’t be afraid to give up the good to go for the great.” – John D. Rockefeller

97. “There are two types of people who will tell you that you cannot make a difference in this world: those who are afraid to try and those who are afraid you will succeed.” – Ray Goforth

Unknown Business Quotes

98. “Every accomplishment starts with a decision to try.” – Unknown

99. “For maximum attention, nothing beats a good mistake.” – Unknown

100. “Never put off until tomorrow what you can avoid altogether.” – Unknown

101. “A meeting is an event at which the minutes are kept and the hours are lost.” – Unknown

Summary

Thanks for checking out this list of 101 inspirational business quotes, and hopefully you’re about to share it on your Facebook and Twitter pages.

Which were your favorite inspirational business quotes featured? Leave a comment below.

Entrepreneur Quotes

41 Fearless Patrick Bet-David Quotes That’ll Motivate You

Published

2 weeks ago

May 18, 2023

Zisilia Alvsa

Which are your favorite Patrick Bet-David quotes?

Patrick Bet-David is an American entrepreneur and financial adviser.

He began his career in financial services with Morgan Stanley and the Transamerica Corporation. He then founded his own company, the PHP Agency, which offers insurance products including annuities, health insurance, and 401k roll-overs.

Bet-David also founded Valuetainment Media LLC, a media platform where he uses to share his passion for business and encourages tomorrow’s entrepreneurs.

His platform now has more than 1.8 million subscribers on Youtube. Through his channel, Bet-David has interviewed many other successful entrepreneurs and high-achievers, such as ‘President George W. Bush’, ‘Ray Dalio‘, and ‘Steve Wozniak’.

We’ve put together this collection of the best Patrick Bet-David quotes:

Table of Contents

41 Fearless Patrick Bet-David Quotes That’ll Motivate You

1. “Reading an hour a day is only 4% of your day. But that 4% will put you at the top of your field within 10 years. Find the time.” – Patrick Bet-David

2. “Future looks bright for those who stay humble.” – Patrick Bet-David

3. “Take some time to sit and reflect on your dream job or the best version of you.” – Patrick Bet-David

4. “If you can walk, talk, hear or see, you have everything it takes to do something big with your life.” – Patrick Bet-David

5. “If someone is winning at a higher level than you are, either lower your expectations to match your work ethic or increase your work ethic to exceed your expectations. If you do neither, you’ll be miserable. What it all boils down to is that alignment is the key to fulfillment.” – Patrick Bet-David

6. “Humility has a different meaning to different people. It doesn’t mean being a priest, a monk, or a pastor. It simply means you don’t know it all.” – Patrick Bet-David

7. “To get better you must reflect on your mistakes.” – Patrick Bet-David

8. “Only your habits will continue to frustrate you. Your results are a by-product of your habits. Change your habits, change 2021.” – Patrick Bet-David

9. “Spend money on experiences instead of things because they last longer.” – Patrick Bet-David

10th of 41 Patrick Bet-David Quotes

10. “One can not charm or seduce their way out of lost time. Time has no mercy for those who take it for granted.” – Patrick Bet-David

11. “It’s tough to start the next chapter of your life if you keep re-reading and re-living the last one. Grab the pen of life and start writing the next one.” – Patrick Bet-David

12. “Don’t compare yourself to others you see around you. Get really clear on who YOU want to be. ” – Patrick Bet-David

13. “Everybody talks about, ‘What is the key to success?’ The key to success is [to] marry the right person, save money, work hard, go to school, get a degree, love people, faith, God — you hear so many different things. … Years later, I said … the biggest key to success … the difference between [successful people] and other people is their sequencing.” – Patrick Bet-David

14. “We never feel completely ready for life’s big decisions; but in taking the leap, we push ourselves to the next level.” – Patrick Bet-David

15. “You’re one BAD decision away from setting yourself back years. One BAD relationship away from picking up bad habits & mindset. At the same time, you’re one GREAT decisions away from changing your life. One GREAT relationship away from picking up great habits & mindset.” – Patrick Bet-David

16. “[The entrepreneur has] a whole different level of sacrifice, a whole different level of stress. … And that’s one of the reasons why the intrepreneur respects the entrepreneur. It’s like the hidden code. ‘Listen, man, I’m willing to do everything that you’re doing, but I didn’t put up money. Salute. I respect you. This is why you are number one. I’m number two.’… And there’s that element of respect for one another … the entrepreneur has to be willing to allow an intrepreneur to exist.” – Patrick Bet-David

17. “I’ve not found! one single mutual fund, one single real estate investment, any gold, silver or anything else that has given me higher returns than: me investing in myself.” – Patrick Bet-David

18. “Savings give you a lot of strength, flexibility, and control. They are what give you the most powerful Answer In The World.” – Patrick Bet-David

19. “The first 2 years of being an entrepreneur will be a roller coaster ride. The goal is to eventually own the roller coaster.” – Patrick Bet-David

20th of 41 Patrick Bet-David Quotes

20. “Instincts are a by-product of 1000’s of hours of mastering your trade.” – Patrick Bet-David

21. “Number one rule — [Money] is a game. You’re playing a game. It’s that simple. If you look at it as a game, just like anything, you can get better at it, right?” – Patrick Bet-David

22. “The most dangerous unhappy people I’ve met are those who are both extremely ambitious and extremely lazy. What this combination produces is envy, which is a deadly sin that will make your life a living hell. These are people who think big and want to do something big, but they’re not willing to put in the work to earn it. They’ll cheat. They’ll throw you under the bus. They’re constantly looking for shortcuts. And if someone else has what they want, it eats away at their very soul.” – Patrick Bet-David

23. “A talented entrepreneur with bad habits eventually becomes an employee. An average employee with great habits can eventually become a great entrepreneur.” – Patrick Bet-David

24. “Ferrari doesn’t advertise on TV because their customers don’t watch much of it.” – Patrick Bet-David

25. “The bigger the vision you have, the more important it is for you to think on what type of a team you’re going to put around you.” – Patrick Bet-David

26. “The downside is that a person spends $20 to watch that hero instead of being that hero himself.” – Patrick Bet-David

27. “You have room to improve. You can learn from others including your enemy & allies.” – Patrick Bet-David

28. “The moment you start fighting for something bigger than YOU, you’ll be introduced to a version of YOU that you’ve never seen before.” – Patrick Bet-David

29. “If a government can’t have a strong military, police, firefighters, public schools, roads, hospitals, etc.. with the 33% of taxes they collect, then it’s be time to fire who’s in charge & replace them with efficient people.” – Patrick Bet-David

30th of 41 Patrick Bet-David Quotes

30. “Alignment. It’s purely alignment. If I’m aligned with my values and principles and my goals and dreams … I’m the most fulfilled, happiest person alive.” – Patrick Bet-David

31. “If you always make the right decision, the safe decision, the one most people make, you will be the same as everyone else.” – Patrick Bet-David

32. “The only difference between the entrepreneur and the intrepreneur is [that] the entrepreneur puts up the money. That’s it.” – Patrick Bet-David

33. “I mean, you have to be patiently aggressive. … It’s so tough to do because you want your money to double down. Might take 10 years. But if you are willing to do the 10 years, it may double 40 times.” – Patrick Bet-David

34. “You’re going to use experiences to become either bitter or better.” – Patrick Bet-David

35. “If you go into 2021 with the same old habits of 2020 you will have the same kind of results that you had in 2020.” – Patrick Bet-David

36. “You may want to be an entrepreneur, but [being an] intrepreneur may make sense next, right? … So this movement of ‘entrepreneur’ got a lot of people to become entrepreneurs who should have never become entrepreneurs … because they did not experience the element of being an intrepreneur.” – Patrick Bet-David

37. “I [had] no idea what to do in that moment. All I thought about is, ‘What are my next five moves? What do I need to do next?’ From that moment on, everything I did with business, I would ask myself, ‘[What are] my next ten, 15 moves? … What can I do to be better than this guy? What can I do to be more efficient than him?’… Everything came down to [my] next five moves.” – Patrick Bet-David

38. “You never know the potential of a contact. You have to know [that] every contact could take you to someplace that you don’t know. It’s like a movie. You don’t know the next scene, you know? So you can’t just assume what that contact is going to lead into. Sometimes the smallest contact can lead into something big.” – Patrick Bet-David

39. “Change will come ONLY when the pain of staying the same is greater than the pain of change.” – Patrick Bet-David

40th of 41 Patrick Bet-David Quotes

40. “Roger Banister said his 4:03.6 mile in 1953 “made him realize that the four-minute mile was not out of reach.” Part of daring to achieve the impossible is letting failure motivate you rather than discourage you.” – Patrick Bet-David

41. “[He] accidentally gets a job. He starts working at ABC. Then he works his way up. Then it’s his dream to be a CEO of Disney. Then [he] eventually becomes a CEO of Disney. He’s the CEO of Disney for 15, 16 years. He ends up closing George Lucas on buying Star Wars, he ends up buying Marvel, he ends up buying Pixar from Steve Jobs, and he ends up buying Fox. … His salary was $67 million a year.” – Patrick Bet-David

Summary

Thanks for checking out this collection of quotes from Patrick Bet-David! Don’t forget to share them on social media with your friends and family.

Which are your favorite Patrick Bet-David quotes? Leave a comment below.

Entrepreneur Quotes

50 Meaningful Ryan Smith Quotes

Published

2 months ago

Apr 11, 2023

Zisilia Alvsa

Which are your favorite Ryan Smith quotes?

Ryan Smith is an American businessman and entrepreneur. He is the owner of the NBA’s Utah Jazz. His company ‘Qualtrics’ was founded in 2002 and it remains powerful to this day.

Smith is a billionaire who has successfully built his own company from zero to one of the biggest companies on earth. In addition to his success, he was featured in the Fortune magazine ’40 Under 40′ list.

Here’s a collection of the most motivational Ryan Smith quotes:

Table of Contents

50 Meaningful Ryan Smith Quotes

1. “You can be anything you want to be, but you’re going to have to go do it.” – Ryan Smith

2. “I read a lot. I read a lot about leaders, not only in tech but outside of tech.” – Ryan Smith

3. “We want to find individuals who align with that, who will add value to the company in whatever role they’re in. Part of that is the disposition to be willing to do whatever it’s going to take because we feel that if we win as a team, we’re going to win together.” – Ryan Smith

4. “I heard a recent estimate that there is more than a trillion dollars worth of market value trapped in old school software companies that are technically, culturally, and financially incapable of making the transition to the world of tomorrow.” – Ryan Smith

5. “It’s more around the fact that everyone needs to know where we are going and how we are going to get there.” – Ryan Smith

6. “Many people told us we wouldn’t be able to hire the right talent, as we aren’t headquartered in Silicon Valley.” – Ryan Smith

7. “I was dreaming every single day I sat in that basement for five years.” – Ryan Smith

8. “Try to have experiences together and learn together to avoid fighting for priorities and budget and all the ‘sh*t.’ If there is nothing but a virtual bond between people it will be easily disrupted.” – Ryan Smith

9. “The number one challenge for us is finding the right talent. The worst thing you can do is lower the bar because you think the local conditions don’t match. I learned this over and over when hiring at Google.” – Ryan Smith

10th of 50 Ryan Smith

10. “You can either write your own story or have someone write it for you. That’s the best piece of advice I’ve been given.” – Ryan Smith

11. “We had to make a decision: are we going to keep running this like a homegrown Utah company, or are we all in to build a multibillion-dollar company? And we just said, ‘Let’s go.’ I had been planning for months to take my software company, Qualtrics, public. Four days before the IPO, I sold it instead for eight billion.” – Ryan Smith

12. “We just said, ‘Hey, there’s no rules. There’s no playbook.” – Ryan Smith

13. “Don’t be impatient, and hard work will get you there. If you stay the course, then it’s amazing what execution can actually do.” – Ryan Smith

14. “It took about 10 years before the word ‘culture’ even came up but when it did we started to focus on it.” – Ryan Smith

15. “The most successful organizations will make decisions based on data.” – Ryan Smith

16. “We’re not perfect, and we make mistakes.” – Ryan Smith

17. “You don’t lower the bar; you just look harder. All countries have great people.” – Ryan Smith

18. “Working with customers excites me the most.” – Ryan Smith

19. “We have 8,000 brands all over the world, and it’s amazing to see the things people are doing. Companies used to use our platform to solve little problems, but now we’re mission-critical to their business. Whether it’s watching a multibillion-dollar apparel brand test all their products before they go live or helping a Fortune 50 company get groundbreaking insights into their customer base, or even seeing small startups doing super innovating things, it’s almost impossible not to be excited.” – Ryan Smith

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20. “We want everyone to understand our objectives and make that available to everyone as we’re evolving, so people aren’t guessing and they’re not internally focused.” – Ryan Smith

21. “Qualtrics is a technology company. While we may be a threat to some suppliers, we are a great partner for those that are technology-driven.” – Ryan Smith

22. “We know we’ll make some mistakes, but we don’t want to make the same ones others have made.” – Ryan Smith

23. “We want to be transparent because we want to encourage our people to have all the information to keep them focused on what really matters: our objectives and how they’re going to contribute. When everyone’s rowing together toward the same objective, it’s extremely powerful.” – Ryan Smith

24. “People can deal with change better than uncertainty.” – Ryan Smith

25. “Suppliers had better be partnering with the right technology.” – Ryan Smith

26. “My dream pitch is to folks that can actually change the world.” – Ryan Smith

27. “There’s challenges and opportunities that are going to open up, where we want some of the brightest minds around us.” – Ryan Smith

28. “When you build a company to keep, or you build a company with a long-term vision, and you’re profitable, and you bootstrap, you’re going to get a lot of offers. Those are going to continue to come. I think that’s part of it.” – Ryan Smith

29. “I’m looking to see if someone’s a ‘gamer.’ That’s what I call it. I want to know the hardest thing they’ve ever done. I’m trying to figure out because when the ship’s going well, everyone’s good. But when obstacles come up, we’ve got to sit back and rethink, how are we going to navigate these? Will some people want to jump off the ship? Or are they going to be a gamer and want to come in, roll up their sleeves and say, ‘Hey, this is part of it.” – Ryan Smith

30th of 50 Ryan Smith

30. “On the venture side, I’ve been fortunate. I think I have pitched to everyone I ever dreamed of pitching to.” – Ryan Smith

31. “Companies should compete on the experiences they provide by balancing the act of wowing customers, yet not being afraid to mess up through experimentation and innovating.” – Ryan Smith

32. “Aside from the money, I think we’re doing something great. We’re changing the way people do research, and we’re changing the way that data’s being collected and digested and turned into insights within the organization.” – Ryan Smith

33. “At the core of scrappiness, there is an obligation to be creative, to do something no one else believes is possible.” – Ryan Smith

34. “If you think about moments where you feel a little proud, there is always a bit of adversity there. All of you are working on something… what story will you be able to tell after this?” – Ryan Smith

35. “We have built great partnerships with innovative firms who are betting on tech for the future.” – Ryan Smith

36. “My answer to customer satisfaction is speed and quality of response when things do go bad, and this comes down to the staff on the ground.” – Ryan Smith

37. “I believe most companies fail because they’re not focused. They either get focused on other things in the market that aren’t important, so they’re thrashing around without a clear objective, or they’re focused internally on things like politics and bureaucracy.” – Ryan Smith

38. “As an entrepreneur, your role is to figure things out and make them happen.” – Ryan Smith

39. “A lot of entrepreneurs I talk about are trying to scale before they have a clear idea of where they’re going.” – Ryan Smith

40th of 50 Ryan Smith

40. “Trust your gut, learn to be scrappy, tune out the noise, and play the long game.” – Ryan Smith

41. “I think that there’s a balance there that needs to be looked at because once you’ve got a better idea you’ll be able to scale very quickly.” – Ryan Smith

42. “We’ve been extremely transparent, but not so that we can be cool. And it’s not about an open environment, because that’s not what makes a company transparent.” – Ryan Smith

43. “Hard work is a competitive advantage. Hard work pays off.” – Ryan Smith

44. “If your customer base knows your style and the way you communicate, it’s amazing how if you don’t establish this, then someone else will establish it for you.” – Ryan Smith

45. “Having employee morale high is just as important. If they aren’t engaged or lined up, or empathetic it makes the whole experience worse, and that is where you get into real trouble.” – Ryan Smith

46. “There is no recipe. It’s part of everyone’s objectives to figure out how to improve hiring, diversity, growth and turn them on their head.” – Ryan Smith

47. “We want to learn from the experiences of others how we can best execute.” – Ryan Smith

48. “With every hire you make, culture changes incrementally. ” – Ryan Smith

49. “You need to be able to jump in the trenches to help your customers and make it amazing by exceeding their expectations.” – Ryan Smith

50. “The challenge is… we really believe in this ‘nail it before you scale it’ philosophy.” – Ryan Smith

Summary

Thanks for checking out this collection of quotes from Ryan Smith! Don’t forget to share them on social media with your friends and family.

Which are your favorite Ryan Smith quotes? Leave a comment below.

Entrepreneur Quotes

38 Incredible Vladimir Tenev Quotes

Published

2 months ago

Apr 11, 2023

Zisilia Alvsa

Which are your favorite Vladimir Tenev quotes?

Vladimir Tenev is a Bulgarian-American entrepreneur and businessman. He is famously known as the co-founder and CEO of one of the biggest U.S. financial services companies, ‘Robinhood’.

Tenev and his business partner, Baiju Bhatt, started their business in 2010 when they founded a trading company called ‘Celeris’, which then abandoned it shortly after and hit a lot of trials and errors before their current company ‘Robinhood’ became a multinational success and made them billionaires.

Tenev was successfully included in Forbes’ 30 Under 30 list in 2013. Moreover, he was also given the honor to be the keynote speaker in one of his alumni’s prestigious events, UCLA’s 2019 Math Commencement Ceremony.

Here’s a collection of the best Vladimir Tenev quotes:

Table of Contents

38 Incredible Vladimir Tenev Quotes

1. “NSCC was reasonable and worked with us to actually lower it.” – Vladimir Tenev

2. “We understand our customers are upset, we’re doing what we can to re-enable buying in these names, we want to be clear in the communications, and I own that we should have been out there a little bit sooner.” – Vladimir Tenev

3. “I just randomly downloaded Clubhouse a few days ago. This is my first time using the app.” – Vladimir Tenev

4. “As a licensed broker-dealer, we’re highly regulated and take clear communication very seriously.” – Vladimir Tenev

5. “There was a rumor that other market makers pressured us. That’s just false.” – Vladimir Tenev

6. “24 hours later, our team raised over $1 billion in capital so when we do open tomorrow morning, we’ll be able to relax the stringent requirements we put on Friday.” – Vladimir Tenev

7. “I heard about this Clubhouse app and thought this has gotta be part of the simulation, so I just thought why not. Here I am.” – Vladimir Tenev

8. “It’s a consortium. It’s not quite a government agency. I don’t really know the details of all of that.” – Vladimir Tenev

9. “There are always some theoretical limits (when Elon asks will there be requirements) .. but it won’t impact 99% of clients.” – Vladimir Tenev

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10. “We marked volatile stocks driving the activity.” – Vladimir Tenev

11. “That explains why we had to mark these symbols closing only and why we knew this was a bad outcome for customers.” – Vladimir Tenev

12. “Robinhood is a participant in the financial system. We do get a lot of questions: why do you work with market makers, clearing houses.” – Vladimir Tenev

13. “There’s a large group of people that think investing is this serious thing for only if you’re wearing a suit in front of your terminal, that’s kind of been the legacy school of thought.” – Vladimir Tenev

14. “No. This was nerve-wracking — I couldn’t sleep…[we called] the higher-ups at NSCC [to] figure out what’s going on and basically there was another call and they lowered it to $1.4 billion and then we basically proposed how we’ll manage risk throughout the day.” – Vladimir Tenev

15. “To prudently manage the risk and the deposit requirements, we had to restrict buying in these 13 stocks, we’re in a historic situation where there’s a lot of activity and a lot of buying concentrated in a relatively small number of symbols that are going viral on social media. We haven’t really seen anything like this before.” – Vladimir Tenev

16. “It was unprecedented activity. I don’t have full context of what was going on in the NSCC to make these calculations.” – Vladimir Tenev

17. “It was $3 billion US, around, just suddenly out of nowhere. I wouldn’t imbue shadiness to it or anything like that.” – Vladimir Tenev

18. “Market makers execute our trades. They execute trades of every broker-dealer. This was a clearinghouse decision and this was based on capital requirements. From our perspective, Citadel and other market makers weren’t involved with that.” – Vladimir Tenev

19. “A lot of these so-called meme stocks were going viral on social media and people were joining Robinhood and there was a lot of net buy activity on them as you all know.” – Vladimir Tenev

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20. “Robinhood up until that point had raised $2 billion in venture capital.” – Vladimir Tenev

21. “They gave us a file of the deposit and the request was around $3 billion — an order of magnitude of what it typically is.” – Vladimir Tenev

22. “And to be fair, we were, there was legitimate turmoil in the markets with these meme stocks and there was a lot of activity and there was some amount of extra risk so it’s not entirely unreasonable.” – Vladimir Tenev

23. “At 5 in the morning, [they said ok] the deposit is $700 million which we paid promptly.” – Vladimir Tenev

24. “Wednesday of last week we just had unprecedented volume, load on system.” – Vladimir Tenev

25. “In order to protect the firm and protect our customers, we had to limit buying in these stocks.” – Vladimir Tenev

26. “I want to be 100 % clear. This decision was not made on the direction of any market maker or other market participants.” – Vladimir Tenev

27. “I got introduced to your friend Antonio then he introduced me to you.” – Vladimir Tenev

28. “I think that’s fair. We have to comply with these requirements. Financial institutions have requirements. The formula required these requirements. To be fair we were able to open, serve our customers.” – Vladimir Tenev

29. “There’s a clearing broker-dealer, Robinhood Securities. Then we have Robinhood Crypto. All of these are different entities, differently operated.” – Vladimir Tenev

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30. “This has been a surreal week for me. People have been coming out of woodwork to offer advice.” – Vladimir Tenev

31. “We absolutely did not do this at the direction of any market maker or hedge fund … the reason we did it is because Robinhood as a brokerage firm, we have lots of financial requirements, in order to protect the firm and protect our customers, we had to limit buying in these stocks.” – Vladimir Tenev

32. “I don’t have any reason to believe that. Then you’re getting into the conspiracy theories a little bit. I have no reason to believe that’s the case.” – Vladimir Tenev

33. “It’s actually a couple of companies — there’s a broker-dealer, Robinhood Financial, the app you know and love, it processes trades.” – Vladimir Tenev

34. “Robinhood at this time was number 1 on the iOS app store and pretty close to 1 on Google Play.” – Vladimir Tenev

35. “I know. There’s processes, this is unprecedented times. They’ve been reasonable. I think the one thing that is not clear to people.” – Vladimir Tenev

36. “There are ways to reverse engineer it but it’s not kind of publicly shared and there’s a special component which is discretionary which acts like a multiplier.” – Vladimir Tenev

37. “$3 billion is a large number and basically the details are — we don’t have the full details, it’s an opaque formula, [but] one is the VaR, value at risk.” – Vladimir Tenev

38. “Part of what Robinhood stands for is democratizing access.” – Vladimir Tenev