The best time to expand is when no one else dares to take risks
Interpretation
Seize opportunities during uncertain times when others are hesitant.
This quote by Andrew Carnegie emphasizes the importance of taking bold actions and making investments when the market is uncertain and others are fearful. It suggests that there are often significant opportunities available during challenging times, and those who are willing to take calculated risks can achieve remarkable success while others hold back.
In practice
In a speech about innovation during tough economic times.
Give me the life of the boy whose mother is nurse, seamstress, washerwoman, cook, teacher, angel, and saint, all in one, and whose father is guide, exemplar, and friend. No servants to come between. These are the boys who are born to the best fortune.
To kill a man will be considered as disgusting [in the twentieth century] as we in this day consider it disgusting to eat one.
It is not the rich man's son that the young struggler for advancement has to fear in the race for life, nor his nephew, nor his cousin. Let him look out for the dark horse in the boy who begins by sweeping out the office.
You are what you think. So just think big, believe big, act big, work big, give big, forgive big, laugh big, love big and live big.
Speculation is a parasite feeding upon values, creating none.
Don't be content with doing only your duty. Do more than your duty. It's the horse that finishes a neck ahead that wins the race.
You gotta keep the ball off the fat part of the bat.
Winning 'Motor Trend' Car of the year is probably the closest thing to winning the Oscar or Emmy of the car industry.
A great restaurant doesn't distinguish itself by how few mistakes it makes but by how well they handle those mistakes.
It's not all about talent. It's about dependability, consistency, and being able to improve. If you work hard and you're coachable, and you understand what you need to do, you can improve.
I never set out to be a businessman
The entrepreneurial journey starts with jumping off a cliff and assembling an airplane on the way down.
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