QuoteProject
In this business, by the time you realize you're in trouble, it's too late to save yourself. Unless you're running scared all the time, you're gone.
Bill Gates
ShareWTF𝕏

Interpretation

What this quote means

In business, being unaware of dangers can be detrimental, and constant vigilance is crucial for survival.

Bill Gates emphasizes that in the fast-paced and often cutthroat world of business, it is critical to be constantly aware of potential threats and challenges. By the time one becomes aware of problems, it may already be too late to remedy the situation, so maintaining a state of alertness and urgency is essential for achieving success and stability.

Themes

BusinessAwarenessVigilanceSuccessChallenges

In practice

Example use cases

This quote can be used in a business seminar to highlight the importance of staying proactive.

More from Bill Gates

Nuclear energy, in terms of an overall safety record, is better than other energy.
Bill GatesRead
The Internet is becoming the town square for the global village of tomorrow.
Bill GatesRead
With the states release today of a set of clear and consistent academic standards, our nation is one step closer to supporting effective teaching in every classroom, charting a path to college and careers for all students, and developing the tools to help all children stay motivated and engaged in their own education. The more states that adopt these college and career based standards, the closer we will be to sharing innovation across state borders and becoming more competitive as a country.
Bill GatesRead
About three million computers get sold every year in China, people don't pay for the software. Someday they will, though. And as long as they're going to steal it, we want them to steal ours. They'll get sort of addicted, and then we'll somehow figure out how to collect sometime in the next decade.
Bill GatesRead
Internet TV and the move to the digital approach is quite revolutionary. TV has historically has been a broadcast medium with everybody picking from a very finite number of channels.
Bill GatesRead
These four policy prescriptions - strengthening educational opportunities, revamping immigration rules for highly skilled workers, increasing federal funding for basic scientific research, and providing incentives for private-sector R&D - should in my view be top priorities as Congress and the Administration consider how to maintain the nation's leadership in science, technology, and innovation.
Bill GatesRead

Similar quotes

I think that the direct conversation is exactly what companies need to earn trust of customers. Admit an error. Fix a problem. Commit to doing better. That is only human.
Richard EdelmanRead
To those who are engaged in commercial dealings, justice is indispensable for the conduct of business.
Marcus Tullius CiceroRead
We've done price elasticity studies, and the answer is always that we should raise prices. We don't do that, because we believe -- and we have to take this as an article of faith -- that by keeping our prices very, very low, we earn trust with customers over time, and that that actually does maximize free cash flow over the long term.
Jeff BezosRead
Creating a close connection to those you do business with has its many risks, rewards and consequences._x000D_ _x000D_ There are few things in business I have encountered that are more difficult than firing someone, particularly if that someone has always been, or has become a friend._x000D_ _x000D_ On the flip side, I have been rewarded with many friends.
Mark CubanRead
Our model is to develop each business separately with its own shareholder and management - this way we can concentrate on the job in hand, rather than be part of some enormous and faceless conglomerate.
Richard BransonRead
The companies that survive longest are the one's that work out what they uniquely can give to the world-not just growth or money but their excellence, their respect for others, or their ability to make people happy. Some call those things a soul.
Charles HandyRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.