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.
There has never been a great athlete who died not knowing what pain is.
I do believe that my whole success goes back to that time I was arrested as a wayward boy at the age of thirteen. Because then I had to quit running around and began to learn something. Most of all, I began to learn music.
If you're glued together right and honorable, you will succeed. Get in there and get rid of stupidities and avoid bad people. Try teaching that to your grandchildren. The best way is by example. Fix yourself.
If you want to achieve your highest aspirations and overcome your greatest challenges, identify and apply the principle or natural law that governs the results you seek. How we apply a principle will vary greatly and will be determined by our unique strengths, talents, and creativity, but, ultimately, success in any endeavor is always derived from acting in harmony with the principles to which the success is tied.
In order to excel, you must be completely dedicated to your chosen sport. You must also be prepared to work hard and be willing to accept constructive criticism. Without one-hundred percent dedication, you won't be able to do this.
Everybody told me I was making a mistake by going into this business, but I know how to grow hair as well as I know how to grow cotton.
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