The C+ grade would tell me that I’d have to work a lot harder in the class, but I have the rest of the semester to pull up the grade

Rome wasn’t built in a day

Nothing ventured, nothing lost

Your intelligence is something very basic about you that you can’t change much

No matter how intelligent you are, you can always change it quite a bit

No matter what kind of person you are, you can always change substantially.

You can do things differently, but the important parts of who you are can’t really be changed

When I don’t make mistakes

I love when it is easy for me and not for others

Alan Wurtzel, CEO of Circuit City, rather than trying to impress his board of directors, used them to learn. With his executive team as well, he questioned, debated, and prodded until he slowly gained a clearer picture of where the company was and where it needed to go.

Lee Iacocca, head of Chrysler, believed that great businesses do not need great teams but instead only great geniuses. They do not need an extraordinary management team because everyone can work independently great already.

 Most competent people are threats and targets of scrutiny

Respect his/her subordinates, learn from them, and in turn, nurture those people

People have a certain amount of management ability and cannot do much to change it

People can always substantially change their basic skills for managing other people.

Everyone is part of the learning process - profited from feedback and mistakes

Encourage groupthink - everyone in the group starts thinking alike

Workers need to seek validation from leaders

Leaders need to be heroes.