Penaisms Flashcards
Penaisms #2
Don’t waste time on things you can’t change
Penaisms #3
When you deal with the opinionated or egotistical, always give credit where it isn’t due.
Penaisms #4
Business deals start and end with people. The interaction of flesh and blood, bone and sinew, heart and mind, emotion and soul.
Penaisms #5
Dream big, think big, be big
Penaisms #6
Dream big and dare to fail
Penaisms #7
The more you investigate the less you have to invest.
Penaisms #8
Never ever second guess yourself.
Penaisms #9
Cash only prolongs death it doesn’t avoid it.
Penaisms #10
I’ve never seen a part time super successful high performance person.
Penaisms #11
A deal has to sound good before it is good.
Penaisms #12
During quantum growth any problem you solve will be replaced immediately by a larger more complicated problem
Penaisms #13
Every party to every negotiation has a comfort zone. The effective negotiator is the one who can define the boundaries of that other parties comfort zone then place the deal inside the boundary of that zone nearest his own interests.
Penaisms #14
Stick knitting. To maximize the return on invested capital deploy your assets, resources and capabilities in those areas where in lie your expertise and experience.
Penaisms #15
Man plans and God laughs
Penaisms #16
You won’t always have all the answers. Only take seriously the advice of those you greatly respect.
Penaisms #17
The consequences of a misguided action are insignificant in the cosmos of eternity.
Penaisms #18
Always shoot for the moon, even if you don’t hit bullseye you’ll at least get 80%.
Penaisms #19
Always always always pay yourself, your employees first through all economic cycles.
Penaisms #20
Plan for success with no back up plans, no rip cords, no fail safes or you will fail.
Penaisms #21
Management performance sins will always be forgiven during periods of rapidly increasing revenues.
Penaisms #22
Learn to play bad golf well.
Penaisms #23
Become more disciplined. The pain of discipline hurts less than the pain of regret.
Penaisms #24
Hunger makes beasts of men and demons of beasts.
Penaisms #25
Everybody else is worried about life after death, my concern is about life before death.
Penaisms #26
The business world is divided into people with great ideas and people who take action on those ideas.
Penaisms #27
If you want things to change first you have to change.
Penaisms #28
A man who dwells on the past robs his future.
Penaisms #29
There’s a big difference between playing to win and playing not to lose.
Penaisms #30
The difference between a failure and a high performance person is how they deal with fear. We are all afraid, a high performance person uses his fear to galvanize his actions.
Penaisms #31
Ignorance is a steep hill with jagged rocks at the bottom.
Penaisms #32
The only difference between a chump and a champ is you.
Penaisms #33
To succeed in business you must do more than take a step in the right direction. You have to take a quantum leap.
Penaisms #34
A good plan executed today is better than a great plan executed next week.
Penaisms #35
In order to really succeed in business you must have outside advisors. These must be trusted advisors. Professionals at your accounting and law firms with whom you have a very special relationship. These advisors become your moles within their own organization; more loyal to you than their employer. Motivated ambitious and bright, but not as bright as they think.
Penaisms #36
You can’t win at poker or business with scared money, it gives off a stench unusual is repugnant to the other side. If you’re going to play leave your money at home and play with OPM, other people’s money.
Penaisms #37
The fulfillment of your dream is directly proportional to your desire to succeed and how much you’re willing to sacrifice. If you’re prepared to die than you’re not prepared to live.
Penaisms #38
When you get rid of someone never give them a hook which to get back in. Always make it a clean, definable, irrevocable break.
Penaisms #39
Quantum leap success means fishing with nets not just with lines.
Penaisms #40
To achieve hyper growth, avoid your mistakes and let your successes run their course. Due more of what you’re doing right and less of what you’re doing wrong.
Penaisms #41
You’ll always need a reason to overlook the obvious.
Penaisms #42
Never underestimate how wrong you can be. Careful planning can be overtaken by external events and circumstances.
Penaisms #43
Always maintain your personal relationship on the same plain upon which you were formed. True friends will rejoice in your professional successes. Allow them to enjoy them with you. Never reassess their personal professional lives in terms of your own.
Penaisms #44
Your most valuable natural assets is your own gut instinct. Don’t be afraid of it. Your instinct has more power than all the conventional wisdom in the world.
Penaisms #45
Business opportunities abound, but formidable barriers exist and the biggest barrier is psychological. It is you.
Penaisms #46
Your greatest idea born out of revolutionary thinking and passion will die of indifference, apathy and the cancer of low expectations.
Penaisms #47
Conventional wisdom is almost always wrong.