Think Opportunity Cost
August 27, 2013 Leave a comment
“Prudent risk-taking should be encouraged by applying the concept of opportunity cost.”-Charles Koch
Nota Bene
August 26, 2013 Leave a comment
Here’s something for all entrepreneurs and would be entrepreneurs to ponder about:
“Successful entrepreneurs are not deterred by their lack of authority to control resources.”-Charles Koch
Creative Destruction
August 26, 2013 2 Comments
“Embrace change. Envision what could be, challenge the status quo, and drive creative destruction. “- Charles Koch
Creating Superior Value
August 26, 2013 Leave a comment
“Creating superior value means generating greater value from the resources consumed than alternate uses.”-Charles Koch
On Instilling A Work Ethic
August 26, 2013 Leave a comment
“By instilling a work ethic in me at an early age, my father did me a big favor, although it didn’t seem like a favor back then. By the time I was eight, he made sure work occupied most of my spare time.”
‘He told me at an early age that he didn’t want ‘no country club bum’ as he facetiously put it. There was going to be no country club in my life as a boy. He started me out digging dandelions – when I was six years old – in most of my spare time. And I thought I’d soon get over that but it escalated from there.”
-Charles Koch
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