If we can by any method establish a relation of mutual trust between the laborer and the employer, we shall lay the foundation stone of a structure that will endure for all time.

When someone takes their existing business and tries to transform it into something else - they fail. In technology that is often the case. Look at Kodak: it was the dominant imaging company in the world. They did fabulously during the great depression, but then wiped out the shareholders because of technological change.

On the last day of my teaching career, I was sitting in my apartment, having a glass of wine, thinking I'm glad I did it, that I had been somehow useful, that I had learned something.

None of us has control over the economy, the job market, or anything else in the global sense. But we are 100% in charge of how we respond to challenges that come our way, be it the loss of a job, a career derailment, or some other disappointment.

Seeing the world around you clearly is a critical step in developing an idea for a business, carrying out that idea, and then thriving with an ongoing concern. Through choice, predilection, lack of education, impatience, or other causes, the entrepreneur lives, in a way, outside the mainstream.