Almost all decisions based on cost accounting are utterly wrong.
Eliyahu GoldrattRead
Good luck is when opportunity meets preparation, while bad luck is when lack of preparation meets reality.
Interpretation
Good luck comes from being prepared when opportunities arise; bad luck comes from a lack of preparation.
This quote illustrates that success often arises from being ready to seize opportunities when they present themselves. It suggests that preparation is a crucial element in achieving favorable outcomes, while failure to prepare can lead to disappointing results, regardless of the circumstances.
In practice
This quote can be used in a motivational speech to emphasize the importance of readiness in achieving goals.
Almost all decisions based on cost accounting are utterly wrong.
Every situation can be substantially improved; even the sky is not the limit.
You need collaboration of its people; it's the only way to improve a company - can you ignore that? You need a win-win for every sub-group, which will ensure exponential growth for a company.
If you want people to take action,you must refrain from giving them the answers.
Greatness consists not in the holding of some future office, but really consists in doing great deeds with little means and the accomplishment of vast purposes from the private ranks of life.
Today everyone is a star - they're all billed as 'starring' or 'also starring'. In my day, we earned that recognition.
I didn't get on TV until I was 30, which is really fortunate because you are who you are at that point.
It is only as we develop others that we permanently succeed.
In sports, you simply aren't considered a real champion until you have defended your title successfully. Winning it once can be a fluke; winning it twice proves you are the best.
A real businessman or entrepreneur has no enemies. Once he understand this, the sky's the limit.
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