A woman who wants to go places needs to bring her own ladder.
Margrethe VestagerRead
If you're successful in the market, it should be because you have the best products. Then your customers like you, not because then you cut corners, or you get a tax break, or you don't inform authorities about how things actually are.
Interpretation
What this quote means
True market success comes from offering the best products and being honest with customers.
This quote emphasizes the importance of integrity and quality in achieving success within the market. It suggests that sustainable success arises not from shortcuts, such as cutting corners or exploiting tax loopholes, but from a commitment to providing excellent products and being transparent with customers, which in turn fosters genuine appreciation and loyalty.
Themes
SuccessIntegrityQualityCustomersTransparencyBusiness
In practice
Example use cases
In a business seminar about market integrity, this quote can highlight the importance of quality products.
More from Margrethe Vestager
All quotes βI think any company should compete on the quality of their products, their prices, the novelty they can produce, their services, because that would be fair competition.
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No government can give a selective advantage to a specific company, because that would make competition unfair.
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When I was very young, I took no interest in party politics. My line of interest was how can you be part of an influence to the society that you live in.
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Competition is one of the most important drivers of innovation because you have to stay in the race. You have to think of something new, and if you don't, well, of course you should leave the market.
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Technology is, in many respects, an enabler for an open, transparent society. But it's also an enabler for supervision to a completely unforeseen degree. And for commercialising personal space to an unforeseen degree.
Margrethe VestagerRead
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