What is the most overrated skill for an entrepreneur? The most overrated skill is skill. Luck is more important. The entrepreneur gets credit for bei….

If you were charged with fixing the U.S. auto industry, how would you do it? The guys who run the auto companies are out of touch with their custom….

There are three sayings I live by, and one of them is 'The tragedy of life is what dies inside a man while he lives.' That's what losing a job is lik….

Wrong location? Move it. Wrong people? Replace 'em. Wrong industry? I don't believe it. I've got a company in the machine tools industry, and we're d….

I would have shared with the banks my long-term vision and got them involved instead of just going to them when I needed money. I should have got the….

What has been the most rewarding moment in your decades of entrepreneurship? Our last annual managers meeting. I gave my motivational talk and then I….