Business

If you can run one business well, you can run any business well.
- Richard Branson, 2000

Business may refer to many differing activities, such as the activity of buying or selling in trade, a commercial firm or enterprise, one's personal affairs or concerns, one's regular occupation, employment, or profession, something acquiring attention, or a situation, matter or happening.


A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P -Q - R - S - T - U - V - W - X - Y - Z - See also

QuotesEdit

AEdit

  • A mission statement should define the business that the organization wants to be in, not necessarily what it is in.
  • When a business is bought, it is bought for its potential—for its future, not its past.
  • Business tomorrow.
    • Founded on the words of Archias of Thebes. in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 85-87.
  • Business, you know, may bring money, but friendship hardly ever does.

BEdit

  • In civil business: what first? boldness; what second and third? boldness. And yet boldness is a child of ignorance and baseness, far inferior to other parts.
  • Come home to men's business and bosoms.
    • Francis Bacon, Essays (1625), Dedication of edition 9. To the Duke of Buckingham. Also in Ed. 1668.
  • Consequently, American businesses must meet the challenge of poorly- educated people in today's workforce by strengthening employee training programs.
    • Gregory Balestrero Public power (1990) Volume 48. American Public Power Association. p.9.
  • However successful a man may be in his own business, if he turns from that and engages ill a business which he don't understand, he is like Samson when shorn of his locks his strength has departed, and he becomes like other men.
    • P. T. Barnum, 'Beware of Outside Operations', The Art of Money Getting (1880).
  • Many a man acquires a fortune by doing his business thoroughly, while his neighbour remains poor for life, because he only half does it. Ambition, energy, industry, perseverance, are indispensable requisites for success in business.
    • P. T. Barnum. 'Whatever You Do, Do With All Your Might', The Art of Money-Getting.
  • The business changes. The technology changes. The team changes. The team members change. The problem isn't change, per se, because change is going to happen; the problem, rather, is the inability to cope with change when it comes.
  • General Systems Theory, as originally intended by Von Bertalanffy, is an ideal framework for the modeling of a business enterprise. Work, in its most civilized form should enrich, empower and emancipate. Thus we must continue to find ways to support work as a humanistic, not mechanistic endeavor. We must continue to seek out new models of business that support and enhance the individual as well as the collective whole. Given all this new technology, we need new institutions for handling it.
  • Seest thou a man diligent in his business? He shall stand before kings; he shall not stand before mean men.
    • The Bible, Old Testament. Proverbs xxii. 29.
  • Business has continued to be more interested in thinking, in general, than any other sector of society. The explanation for this is because there is a reality test. There is a bottom line. There are sales figures and profit figures. There are results.
    • Edward de Bono. 'Leadership and the need for creative thinking', 3 June 2010, an article of his on Management-Issues.com website.
  • Formerly when great fortunes were only made in war, war was a business; but now, when great fortunes are only made by business, business is war.
  • Loose ideas on the subject of business will not answer. It must be reduced to something of a science. It has its principles, upon a knowledge and an application of which, success in it mainly depends.
  • The performance of business leaders during the next decade will play a major role in determining not only business but political and social trends for a long time to come. Here are some of the principal reasons:
    - Business leaders control the economic well-being of and stockholder.
    - The course of business shapes public opinion.
    - Business leaders shape public opinion.
    So, in addition to his or her prime responsibility of managing his or her enterprise at a profit, the business leader of today is faced with new and larger responsibilities. And, at the same time, the job of managing his or her enterprise at a profit is increasing in complexity. Consequently, the imposition of additional responsibilities makes the nation’s task of developing an adequate number of properly equipped executive leaders a staggering one indeed.
    • Marvin Bower (1949) The development of executive leadership. Harvard University. Graduate School of Business Administration. p. v.
  • I believe that leaders and leadership teams working together in a proper design will run the business more effectively than by hierarchical, command-and-control managing. But I can't prove that. And there are no models.
  • A business of high principle generates greater drive and effectiveness because people know that they can do the right thing decisively and with confidence.
  • In the field of modern business, so rich in opportunity for the exercise of man's finest and most varied mental faculties and moral qualities, mere money-making cannot be regarded as the legitimate end. Neither can mere growth of bulk or power be admitted as a worthy ambition. Nor can a man nobly mindful of his serious responsibilities to society view business as a game; since with the conduct of business human happiness or misery is inextricably interwoven.
    • Louis Brandeis, "Business — The New Profession", La Follette's Weekly Magazine, Volume 4, No. 47 (November 23, 1912), p. 7.
  • Real success in business is to be found in achievements comparable rather with those of the artist or the scientist, of the inventor or statesman. And the joys sought in the profession of business must be like their joys and not the mere vulgar satisfaction which is experienced in the acquisition of money, in the exercise of power or in the frivolous pleasure of mere winning.
    • Louis Brandeis, "Business — The New Profession", La Follette's Weekly Magazine, Volume 4, No. 47 (November 23, 1912), p. 7.
  • If you can run one business well, you can run any business well.
  • What I must understand is why someone will continue to get out of bed in the morning once they have all the money they could want. Do they love the business, or do they love the money?
    • Warren Buffett, 'The Warren Buffett You Don't Know', Business Week article, 5 July 1999.
  • Business dispatched is business well done, but business hurried is business ill done.
    • Edward Bulwer-Lytton, Caxtoniana, Essay XXVI, Readers and Writer. in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 85-87.
  • The rule of my life is to make business a pleasure and pleasure my business.
    • Aaron Burr, Letter to Pichon, reported in: Marshall Brown (1899) Wit and Humor of Bench and Bar , p. 67.

CEdit

  • The man of business knows that only by years of patient, unremitting attention to affairs can he earn his reward, which is the result, not of chance, but of well-devised means for the attainment of ends.
    • Andrew Carnegie, American Industrialist. 'The Road to Business Success', The Empire of Business (1913).
  • IT is not size that counts in business. Some companies with $500,000 capital net more profits than other companies with $5 million. Size is a handicap unless efficiency goes with it.
    • Herbert N. Casson as cited in: Alfred Armand Montapert (1964) Distilled Wisdom. p. 68.
  • There is no America. There is no democracy. There is only IBM and ITT and AT&T and DuPont, Dow, Union Carbide, and Exxon. Those are the nations of the world today. What do you think the Russians talk about in their councils of state — Karl Marx? They get out their linear programming charts, statistical decision theories, minimax solutions, and compute the price-cost probabilities of their transactions and investments, just like we do. We no longer live in a world of nations and ideologies, Mr. Beale. The world is a college of corporations, inexorably determined by the immutable bylaws of business. The world is a business, Mr. Beale. It has been since man crawled out of the slime. And our children will live, Mr. Beale, to see that perfect world in which there's no war or famine, oppression or brutality — one vast and ecumenical holding company, for whom all men will work to serve a common profit, in which all men will hold a share of stock, all necessities provided, all anxieties tranquilized, all boredom amused.
  • You foolish man, you don't even know your own foolish business.
    • Lord Chesterfield to John Anstis, the Garter King of Arms. in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 85-87.
  • This business will never hold water.
    • Colley Cibber, She Wou'd and She Wou'd Not, Act IV. in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 85-87.
  • A business with an income at its heels.
    • William Cowper, Retirement, line 614. in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 85-87.

DEdit

  • Part of America's industrial problems is the aim of its corporate managers. Most American executives think they are in the business to make money, rather than products or service...The Japanese corporate credo, on the other hand, is that a company should become the world's most efficient provider of whatever product and service it offers. Once it becomes the world leader and continues to offer good products, profits follow.
  • Here's the rule for bargains: "Do other men, for they would do you." That's the true business precept.
    • Charles Dickens. Joanas Chuzzlewit, in Martin Chuzzlewit, Chapter 11 (1843-44).
  • Talk of nothing but business, and dispatch that business quickly.
    • On a placard placed by Aldus on the door of his printing office.
    • Charles Dibdin, Introduction, Volume I, p. 436. in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 85-87.
  • Your company may have a reputation for brilliant leadership, outstanding innovation, clever branding and effective change management, but the business could fail if the world changes and you are unprepared.
  • Free enterprise cannot be justified as being good for business. It can be justified only as being good for society.
  • The basic definition of the business and of its purpose and mission have to be translated into objectives.
    • Peter Drucker (1973) MANAGEMENT: Tasks, Responsibilities, Practices, Chapter 8, pg.99.
  • Business has only two basic functions: marketing and innovation.
    • Peter Drucker (1999) Management: tasks, responsibilities, practices. p. 57.
  • Business? It's quite simple: it's other people's money.
    • Alexandre Dumas, fils (1824-1895), French dramatist. Giraud, in, La Question d'Argent, Act 2, sc. 7 (1857).

EEdit

  • Business was his aversion; pleasure was his business.
  • Do not craze yourself with thinking, but go about your business anywhere.
    • Ralph Waldo Emerson (1803-1882), U.S. essayist, poet, philosopher. 'Experience', Essays, Second Series (1844).

FEdit

  • The technical and commercial functions of a business are clearly defined, but the same cannot be said of the administrative function. Not many people are familiar with its constitution and powers; our senses cannot follow its workings - we do not see it build or forge, sell or buy - and yet we all know that, if it does not work properly, the undertaking is in danger of failure.
    • Henri Fayol (1900) Henri Fayol addressed his colleagues in the mineral industry 23 June 1900.
  • According to the dictionary, to administer is to govern, or to manage a public or private business. It means, therefore, to seek to make the best possible use of the resources available in achieving the goal of the enterprise. Administration includes, therefore, all the operations of the enterprise. But as a result of the usual way of organizing things to facilitate the running of the business, a certain number of activities constitute the special departments; the technical department, the commercial department, the financial department, etc., and the scope of the administrative department is found to be reduced accordingly. (p.911)
  • There is no one doctrine of administration for business and another for affairs of state; administrative doctrine is universal. Principles and general rules which hold good for business hold good for the state too, and the reverse applies.
    • Henri Fayol (1917) "Préface à Administration industrielle et générale" in: Dunod and Pinat eds. (1918) l’éveil de l’esprit public. p. 6.
  • We believe that there is one economic lesson which our twentieth century experience has demonstrated conclusively—that America can no more survive and grow without big business than it can survive and grow without small business…. the two are interdependent. You cannot strengthen one by weakening the other, and you cannot add to the stature of a dwarf by cutting off the legs of a giant.
    • Benjamin Franklin Fairless, president of United States Steel Corporation, Congressional testimony (April 26, 1950); reported in Study of Monopoly Power, hearings before the Subcommittee on Study of Monopoly Power of the Committee on the Judiciary, House of Representatives, 81st Congress, 2nd session, part 4A, "Steel" (1950), p. 466.
  • You can hardly have too much harmony in business. But you can go too far in picking men because they harmonize.
    • Henry Ford (1863-1947), American automobile industrialist. 'Democracy and industry', Chapter XVIII, My Life and Work (1922), written in collaboration with Samuel Crowther.
  • Some day the ethics of business will be universally recognized, and in that day business will be seen to be the oldest and most useful of all the professions.
    • Henry Ford. 'What we may expect', Chapter XIX, My Life and Work (1922), written in collaboration with Samuel Crowther.
  • Somewhere in the past. organizations were quite simple, and 'doing business' consisted of buying raw material from suppliers, converting into products, and selling it to customers... For the most part owner-entrepreneurs founded such simple business and worked along with members of their families. The family-dominated business still accounts for a large portion of the business start today.
  • There is one and only one social responsibility of business—to use it resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.
    • Milton Friedman. From, "The Social Responsibility of Business is to Increase its Profits", an article in The New York Times Magazine, 13th September 1970.

GEdit

  • Business is other people's money.
  • I think any man in business would be foolish to fool around with his secretary. If it's somebody else's secretary, fine!
    • Attributed to Barry Goldwater in: Conference Board (1978) Across the board. Vol. 15. p. 74.

HEdit

  • All businesses operate below their true potential. That is unavoidable, given the fallibility of human beings.
    • Robert Heller, British management journalist and author. 'The Competitors', Chapter 10, The Decision makers (1989).
  • The more truth you can get into any business, the better. Let the other side know the defects of yours, let them know how you are to be satisfied, let there be as little to be found as possible (I should say nothing), and if your business be an honest one, it will be best tended in this way.
    • Sir Arthur Helps (1813-1875), English writer. Friends in Council (First Series), (1847), 'Truth', Chapter 1.
  • Those that are above business.
    • Mathew Henry, Commentaries, Matthew XX. in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 85-87.
  • It is probably true that business corrupts everything it touches. It corrupts politics, sports, literature, art, labor unions and so on. But business also corrupts and undermines monolithic totalitarianism. Capitalism is at its liberating best in a noncapitalist environment.
    • Eric Hoffer (1902–83), "Thoughts of Eric Hoffer, Including: 'Absolute Faith Corrupts Absolutely,'" The New York Times Magazine, 25th April 1971, p. 50.
  • Quod medicorum est
    Promittunt medici, tractant fabrilia fabri.
    • Physicians attend to the business of physicians, and workmen handle the tools of workmen.
    • Horace, Epistles, II. 1. 115. in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 85-87.
  • Aliena negotia curo,
    Excussus propriis.
    • I attend to the business of other people, having lost my own.
    • Horace, Satires, II. 3. 19. in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 85-87.
  • The Businessman is one who supplies something great and good to the world, and collects from the world for the goods.
    • Elbert Hubbard. 'George Peabody', Little Journeys to the Homes of Great Businessmen (1916).
  • We now say that the Science of Economics, or Business, is the chief concern of humanity. Business is intelligent, useful activity. The word "busy-ness" was coined during the time of Chaucer by certain soldier-aristocrats, men of the leisure class, who prided themselves upon the fact that they did no useful thing. Men of power proved their prowess by holding slaves, and these slaves did all the work. To be idle showed that one was not a slave. But this word "business," first flung in contempt, like Puritan, Methodist and Quaker, has now become a thing of which to be proud. Idleness is the disgrace, not busy-ness.
    • Elbert Hubbard. 'The American Philosophy', The Philosophy of Elbert Hubbard (1916).

JEdit

  • The duty of government is to leave commerce to its own capital and credit as well as all other branches of business, protecting all in their legal pursuits, granting exclusive privileges to none.
    • Andrew Jackson (1767-1845), United States president. Letter, 28 December 1841, to William B. Lewis, Jackson, Lewis Papers, New York Public Library.

KEdit

  • In business the 80/20 principle is behind any innovation, any extra value. It is an entrepreneurial principle, a formula for value creation utilized not only by entrepreneurs, but by most managers and organizations.
    • Richard Koch (2003) The 80/20 Individual Chapter: The 80/20 Principle Is at the Heart of Creation

LEdit

  • A man's success in business today turns upon his power of getting people to believe he has something that they want.
  • Business today consists in persuading crowds.
    • Gerald Stanley Lee, Crowds (1913), Book II, Chapter V. in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 85-87.
  • A man's success in business today turns upon his power of getting people to believe he has something that they want.
  • There is no better ballast for keeping the mind steady on its keel, and saving it from all risk of crankiness, than business.
    • James Russell Lowell, Among My Books, New England Two Centuries Ago. in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 85-87.

MEdit

  • In business everyone is out to grab, to fight, to win. Either you are the under or the over dog. It is up to you to be on top.
    • Alice Foote MacDougall (1867-1945), American businesswoman. The Autobiography of a Business Woman (1928), Chapter 3.
  • You silly old fool, you don't even know the alphabet of your own silly old business.
    • Attributed to Judge William Henry Maule. in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 85-87.
  • We all learn by imitating, as children, as students, as novices in the world of business. And then we grow up and learn to blend our innate abilities with the rules or principles we have learned.

OEdit

  • Curse on the man who business first designed,
    And by't enthralled a freeborn lover's mind!
    • John Oldham, Complaining of Absence, 11. in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 85-87.

PEdit

  • It is very sad for a man to make himself servant to a thing, his manhood all taken out of him by the hydraulic pressure of excessive business. I should not like to be merely a great doctor, a great lawyer, a great minister, a great politician—I should like to be also something of a man.
    • Theodore Parker As quoted in A Dictionary of Thoughts : Being a Cyclopedia of Laconic Quotations from the Best Authors, Both Ancient and Modern (1891) edited by Tryon Edwards. p. 326.
  • Negotii sibi qui volet vim parare,
    Navem et mulierem, hæc duo comparato.
    Nam nullæ magis res duæ plus negotii
    Habent, forte si occeperis exornare.
    Neque unquam satis hæ duæ res ornantur,
    Neque eis ulla ornandi satis satietas est.
    • Who wishes to give himself an abundance of business let him equip these two things, a ship and a woman. For no two things involve more business, if you have begun to fit them out. Nor are these two things ever sufficiently adorned, nor is any excess of adornment enough for them.
    • Plautus, Pœnulus, I. 2. 1. in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 85-87.
  • A man of business may talk of philosophy; a man who has none may practice it.

REdit

  • A friendship founded on business, which Mr. Flagler used to say was a good deal better than a business founded on friendship.
  • The mechanism of modern business is so delicate that extreme care must be taken not to interfere with it in a spirit of rashness or ignorance.
  • We demand that big business give people a square deal; in return we must insist that when any one engaged in big business honestly endeavors to do right, he shall himself be given a square deal.

SEdit

  • A cloud masses, the sky darkens, leaves twist upward, and we know that it will rain. We also know that after the storm, the runoff will feed into groundwater miles away, and the sky will grow clear by tomorrow. All of these events are distant in time and space, if they're all connected within the same pattern. Each has an influence on the rest, and influence that is usually hidden from view. You can only understand the system of rainstorm by contemplating the whole not any part of the pattern.
    Businesses and other human endeavors are also systems. They, too, are bound by invisible fabrics of interrelated actions, which often take years to fully play out their effects on each other. Since we are part of that lacework ourselves, it's doubly hard to see the whole pattern of change. Instead we tend to focus on snapshots of isolated parts of the system, and wonder why our deepest problems never seem to get resolved.
  • In business affairs, it is the manner in which even small matters are transacted that often decides man for or against you.
  • No man tastes pleasures truly, who does not earn them by previous business; and few people do business well, who do nothing else.
    • Philip Dormer Stanhope, 4th Earl Chesterfield (1694-1773), British statesman, man of letters. Letter, 7 August 1749, in The Letters of the Earl of Chesterfield to His Son (1774).
  • Despatch is the soul of business.
  • Of course, there's a different law for the rich and the poor: otherwise, who would go into business?
    • E. Ralph Stewart, reported in Christina Stead, House of all nations (1966) , p. xi.
  • Organizations are defined from the inside out: they are described by who reports to whom, by departments and processes and matrices and perks. A business, on the other hand, is defined from the outside in by markets, suppliers, customers, and competitors.
    • Thomas A. Stewart, American business writer, management consultant. 'Introduction to the Paperback Edition', Intellectual Capital: The New Wealth of Organizations (1998).
  • Men of great parts are often unfortunate in the management of public business, because they are apt to go out of the common road by the quickness of their imagination.

TEdit

  • Par negotiis neque supra.
    • Neither above nor below his business.
    • Tacitus, Annales (AD 117), VI. 39.
  • Omnibus nobis ut res dant sese, ita magni atque humiles sumus.
    • We all, according as our business prospers or fails, are elated or cast down.
    • Terence, Hecyra, III, 2, 20. in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 85-87.
  • Cujuslibet tu fidem in pecunia perspiceres,
    Verere ei verba credere?
    • Do you fear to trust the word of a man, whose honesty you have seen in business?
    • Terence, Phormio, I, 2, 10. in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 85-87.
  • I think that there is nothing, not even crime, more opposed to poetry, to philosophy, ay, to life itself, than this incessant business.
  • Most are engaged in business the greater part of their lives, because the soul abhors a vacume and they have not discovered any continuous employment for man's nobler faculties.
  • Most of those who say so easily that this is our way out do not, I am convinced, understand that fundamental changes of attitude, new disciplines, revised legal structures, unaccustomed limitations on activity, are all necessary if we are to plan. This amounts, in fact, to the abandonment, finally, of laissez faire. It amounts, practically, to the abolition of "business".
    • Rexford Guy Tugwell, "The Principle of Planning and the Institution of Laissez Faire", paper presented at the 44th annual meeting of the American Economic Association; reported in The American Economic Review (March 1932), vol. 22, no. 1, supplement, p. 76.

WEdit

  • I have laid aside business, and gone a-fishing.
    • Izaak Walton, (1593-1683), 'Epistle to the Reader', The Compleat Angler (1653-1655).
  • I remember that a wise friend of mine did usually say, "That which is everybody's business is nobody's business."
    • Izaak Walton, The Compleat Angler (1653-1655), Part I, Chapter II. Quoted.
  • The best way to support dreams and stretch is to set apart small ideas with big potential, then give people positive role models and the resources to turn small projects into big businesses.
    • Jack Welch (2001) Jack: Straight from the Gut Ch. 3.
  • Business has to be fun. For too many people, it's "just a job."
    • Jack Welch (2001) Jack: Straight from the Gut Ch. 24.
  • Every great man of business has got somewhere a touch of the idealist in him.
  • Go, go to your business, I say, pleasure, whilst I go to my pleasure, business.
    • William Wycherley (1640-1716), British dramatist. In, The Country Wife, Act II (1675).

See alsoEdit

External linksEdit

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Last modified on 9 April 2014, at 16:47