One is only happy in proportion as he makes others feel happy and only useful as he contributes his influences for the finer callings in life.
Milton S. HersheyRead
I didn't follow the policies of those already in the business. If I had, I would never have made a go of it. Instead, I started out with the determination to make a better nickel chocolate bar than any of my competitors made, and I did so.
Interpretation
Innovation and determination lead to success, rather than following conventional paths.
This quote by Milton S. Hershey emphasizes the importance of innovation and independence in achieving success. By refusing to conform to the standard practices of his competitors and instead focusing on creating a superior product, Hershey highlights the value of determination and creativity in standing out in business.
In practice
In a speech about entrepreneurship, one could use Hershey's quote to inspire aspiring business owners to innovate.
Success as I see it is a result, not a goal.
So I became a publisher by mistake - well, not quite by mistake, because I wanted to be an editor but I had to make sure the magazine would survive. The point is this: Most businesses fail, so if you're going to succeed, it has to be about more than making money.
I am fortunate: my parents told me the world was my oyster, when they could have said I wouldn't make it for a lot of reasons - rural, girl, small African country. So, no regrets.
The number one idea is to view a stock as an ownership of the business and to judge the staying quality of the business in terms of its competitive advantage. Look for more value in terms of discounted future cash-flow than you are paying for. Move only when you have an advantage.
I expected to be a pretty good NBA point guard and hopefully win a championship. But MVP and all this stuff? Not really.
Entrepreneurs are like visionaries. One of the ways they run forward is by viewing the thing they're doing as something that's going to be the whole world.
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