Reading and learning these Words of Encouragement from top businessmen will be an inspiration for every Self-Employed Business Owner to keep on trying and never never give up on achieving his dream.

Words of Encouragement from top businessmen: Advice from Billionaires

Richard Branson - (Virgin Group)

To be successful, you have to be out there, you have to hit the ground running, and if you have a good team around you and more than a fair share of luck, you might make something happen. But you certainly can’t guarantee it just by following someone else’s formula.” – Richard Branson

“As much as you need a strong personality to build a business from scratch, you also must understand the art of delegation. I have to be good at helping people run the individual businesses, and I have to be willing to step back. The company must be set up so it can continue without me.” – Richard Branson

Ingvar Kamprad - (IKEA)

“Waste of resources is a mortal sin at IKEA.” – Ingvar Kamprad

“Ten minutes are not just one-sixth of your hourly pay; ten minutes is a piece of yourself. Divide yourself into ten units and sacrifice as few of them as possible in meaningless activities. Most things still remain to be done.” – Ingvar Kamprad

Carlos Slim Helu - (Telmex Corporation)

“When there is a crisis, that’s when some are interested in getting out and that’s when we are interested in getting  in.” – Carlos Slim Helu

Aliko Dangote - (Dangote Group)

“To succeed in business, you must build a brand and never destroy it. One competitive advantage I had when I ventured into manufacturing was my brand “Dangote,” which I diligently built in the course of my trading commodities.” – Aliko Dangote

“Manufacture, don’t just trade. There is money in manufacturing even though it is capital intensive. To achieve a big breakthrough, I had to start manufacturing the same product I was trading on; which is commodities.” – Aliko Dangote

Oprah Winfrey - (Harpo Studios Production)

Think like a queen. A queen is not afraid to fail. Failure is another stepping stone to greatness.” – Oprah Winfrey

“Follow your instincts, that’s where true wisdom manifest itself.” – Oprah Winfrey

Orji Uzor Kalu - (Slok Group)

“A good businessman must have nose for business the same way a journalist has nose for news. Once your eyes, ears, nose, heart and brain are trained on business, you sniff business opportunities everywhere” – Orji Uzor Kalu

“A good businessman sees where others don’t see. What I see, you may not see. You cannot see because that is the secret of the business… the entire world is a big market waiting for anybody who knows the rules of the game.” – Orji Uzor Kalu

John D. Rockefeller - (Standard Oi)

“There’s no mystery in business success. If you do each day’s task successfully and stay faithfully within these natural operations of commercial laws which I talk so much about and keep your head clear, you will come out all right.” – John D. Rockefeller

“The ability to deal with people is as purchasable as a commodity as sugar or coffee and I will pay more for that ability than for any other thing under the sun.” – John D. Rockefeller

Bill Gates - (Microsoft)

“The most meaningful way to differentiate your company from your competitors, the best way to put distance between you and the crowd is to do an outstanding job with information. How you gather, manage and use information will determine whether you win or lose.” – Bill Gates

You’ve got to give great tools to small teams. Pick good people, use small teams and give them great tools so that they are very productive in terms of what they are doing.” – Bill Gates

Larry Ellison - (Orac)

“If your cash is about to run out, you have to cut your cash flow. CEOs have to make those decisions and live with them however painful they may be. You have to act and act now; and act in the best interest of the company as a whole, even if it means that some people in the company who are your best friends have to work somewhere else.” – Larry Ellison

“When you innovate, you’ve got to be prepared for people telling you that you are nuts.” – Larry Ellison

J. Paul Getty - (Getty Oil)

“The man who comes up with a means of doing or producing almost anything better, faster or more economically has his future and his fortune at his finger tips.” – J. Paul Getty “In times of rapid change, experience could be your worst enemy.” – J. Paul Getty

Warren Buffett - (Berkshire Hathaway)

“In the business world, the rear view is always clearer than the wind shield.” – Warren Buffett

“Somebody once said that in looking to hire people, look for three qualities; Integrity, intelligence and energy. If they don’t have the first, the other two will kill you. You think about it; it’s true. If you hire somebody without the first, you really want them to be dumb and lazy.” – Warren Buffett

Henry Ford - (Ford Motor Company)

“The competitor to be feared is one who never bothers about you at all but goes on making his own business better all the time.” – Henry Ford

“A business absolutely devoted to service will have one worry about profits. They will be embarrassingly large.” – Henry Ford

Henry Ross Perot - (EDS)

“Business is not just doing deals; business is having great products, doing great engineering and providing tremendous service to customers. Finally, business is a cobweb of human relationship.” – Henry Ross Perot

“If you see a snake, just kill it. Don’t appoint a committee on snakes.” – Henry Ross Perot

Ted Turner - (CNN)

“Do something. Either lead, follow or get out of the way.” – Ted Turner

“Managing isn’t that difficult, you just have to score more runs than the other guy.” – Ted Turner

Michael Dell - (Dell Inc)

“Don’t spend so much time trying to choose the perfect opportunity, that you miss the right opportunity.” – Michael Dell

“Recognize that there will be failures, and acknowledge that there will be obstacles. But you will learn from your mistakes and the mistakes of others, for there is very little learning in success.” – Michael Dell

Steve Jobs - (Apple Inc)

“Innovation has nothing to do with how many R&D dollars you have. When Apple came up with the Mac, IBM was spending at least 100 times more on R&D. It’s not about money. It’s about the people you have, how you’re led, and how much you get it.” – Steve Jobs

“To turn really interesting ideas and fledging ideas into a company that can continue to innovate for years, it requires a lot of disciplines.” – Steve Jobs

Donald Trump - (Trump Organization)

Experience taught me a few things. One is to listen to your gut no matter how good something sounds on paper. The second is that you are generally better off sticking with what you know and the third is that sometimes, your best investments are the ones you don’t make.” – Donald Trump

“It pays to trust your instinct.” – Donald Trump

Jeff Bezos - (Amazon)

“If you’re not stubborn, you’ll give up on experiments too soon. And if you’re not flexible, you’ll pound your head against the wall and you won’t see a different solution to a problem you’re trying to solve.” – Jeff Bezos

“Things never go smoothly.” – Jeff Bezos

Sam Walton - (Wal-Mart)

“The secret of successful retailing is to give your customers what they want. And really, if you think about it from the point of view of the customer, you want everything: a wide assortment of good quality merchandise; the lowest possible prices; guaranteed satisfaction with what you buy; friendly, knowledgeable service; convenient hours; free parking; a pleasant shopping experience.” – Sam Walton

“Appreciate everything your associates do for the business. If people believe in themselves, it’s amazing what they can accomplish.” – Sam Walton

J. K. Rowlin - (Harry Potter Series)

“Never be ashamed! There’s some who will hold it against you, but they are not worth bothering with.” – J. K. Rowling

“Anything is possible if you’ve got enough nerve.” – J. K. Rowlin

Ray Kroc - (McDonalds)

“If you’re not a risk taker, you should get the hell out of business.” – Ray Kroc

“When you’re green, you’re growing. When you’re ripe, you rot. Are you green and growing or ripe and rotting?” – Ray Kroc

Mark Cuban - (Broadcast.com)

“Do your homework and know your business better than anyone. Otherwise, someone who knows more and works harder will kick your ass.” – Mark Cuban

“Make your product easier to buy than your competition, or you will find your customers buying from them, not you.” – Mark Cuban

Larry Page - (Google)

“But you don’t need a huge company, just a computer and a part-time person. So you don’t need to have a 100-person company to develop that idea. You can do it in your spare time, you can really work on ideas and see if they take off — rather than trying to raise tons of money, millions of dollars for an idea that may or may not work. And once you have the product and people are using it, it’s very easy to raise investment.” – Larry Page

John Johnson - (Johnson Publishing)

“My management style is based on the art of communication. For communication is an art, not a science. It is an emotion, not a statistic. And the best communicators know instinctively that to communicate effectively you must bypass intellectual centers and tap into the deepest fears, hopes and emotions of your audience.” – John Johnson

“I’m convinced that the only way to get ahead in this world is to live and sell dangerously. You’ve got to live beyond your means. You’ve got to commit yourself to an act or vision that pulls you further than you want to go and forces you to use your hidden strengths.” – John Johnson

 

Li Ka Shing - (Hutchison Whampoa)

“Broaden your vision, and maintain stability while advancing forward. That is my philosophy.” – Li Ka Shing

“Businessmen must move with the times…the correlation between knowledge and business as the key to success is closer than ever.” – Li Ka Shing

 

Mukesh Ambani - (Reliance Group)

“I think that our fundamental belief is that for us, growth is a way of life and we have to grow at all times.” – Mukesh Ambani

“The organizational architecture is really that a centipede walks on a hundred legs and one or two don’t count. So if I lose one or two legs, the process will go on and the growth will go on.” – Mukesh Ambani

 

Philip Knight - (Nike)

“Good campaigns define who you are. We have to get consumers’ attention. We don’t have six months to check with focus groups.” – Philip Knight

“Our job is to wake up the consumers. If we become predictable, that’s not waking them up.” – Philip Knight

 

Pierre Omidyar - (E-Bay)

“Build a platform – prepare for the unexpected…you’ll know you’re successful when the platform you’ve built serves you in unexpected ways.” – Pierre Omidyar

“Be an enzyme – a catalyst for change. As a slogan, I don’t know if that’s ever going to be right up there with Ich Bin Ein Berliner, or “I Have A Dream,” but there’s a lot of truth to it.” – Pierre Omidyar

 

Ralph Lauren - (Polo)

“Your vision is very important. You should know whom you’re selling to, what your marketing and advertising says about you, and whom it’s speaking to. Me personally, I don’t try to please everyone. I understand who I am selling to and I work towards that vision all the time.” – Ralph Lauren

“It’s about broadening your scope through history and living your life. Tune in and pay attention.” – Ralph Lauren

 

Rupert Murdoch - (Fox Broadcasting Corporation)

“In motivating people, you’ve got to engage their minds and their hearts. I motivate people, I hope, by example – and perhaps by excitement, by having productive ideas to make others feel involved.” – Rupert Murdoch

“The world is changing very fast. Big will not beat small anymore; it will be the fast beating the slow.” – Rupert Murdoch

Craig Newmark - (Craiglist)

“Sometimes you gotta be fast so you don’t waste the time of others.” – Craig Newmark

“Follow through with basic values, and remember to provide good customer service.” – Craig Newmark

Dave Thomas - (Wendy’s)

“What do you need to start a business? Three simple things: know your product better than anyone. Know your customer, and have a burning desire to succeed.” – Dave Thomas

“Take care of your business and your business will take care of you.” – Dave Thomas

Gerry Schwartz - (Onex Corporation)

“We’ve got customers. We’ve got suppliers. We’ve got employees. We’ve got unions. We’ve got communities. We’ve got all of these things that go into making up whether a business succeeds or fails.” – Gerry Schwartz

“Investments are like trains, and if you miss one, don’t worry because another one will come down the line.” – Gerry Schwartz

Walt Disney - (Disney)

“You are dead if you aim only for kids. Adults are only kids grown up, anyway.” – Walt Disney

“Tomorrow can be a wonderful age.” – Walt Disney

Barry Diller - (Exp)

“The world is changing. Networks without a specific branding strategy will be killed. I envision a world of highly run companies without room for all the overhead the establishment networks carry.” – Barry Diller

Giorgio Armani - (Armani)

“Remember that, in the end, the customer doesn’t know, or care, if you are small or large as an organization – she or he only focuses on the garment hanging on the rail in the store.” – Giorgio Armani

“In this business you can’t have a destination, an arrival point. Otherwise your competitors will overtake you, or you become complacent.” – Giorgio Armani

 

Craig McCaw - (McCaw Cellu)

“Changes occur because there’s a gap between what is and what should be.” – Craig McCaw

“Filling a need that others aren’t addressing has always been a focus of the companies that I have been involved with.” – Craig McCaw

 

Leslie Wexner - (Limited Brands)

“We are poised for accelerated future growth and we need the depth and breadth of leadership to achieve it.” – Leslie Wexner

“Express is well into the process of substantial transformation and is providing itself as a significant dual gender, high quality apparel brand. While much work needs to be done, we believe the opportunities for growth across our brand are significant.” – Leslie Wexner  

 

Carl Icahn - (Billionaire Investor)

“In life and business, there are two cardinal sins. The first is to act without thought and the second is not to act at all.” – Carl Icahn