Heed The Advice Given By Business Magnates

By Mark Walters

Though the big financial issues like Financial Times, Business Week, and the Economist are circulated in millions of copies, the publications of their writers rarely have the magical effect of the quotes made by the rich and famous in the world of business when it comes to business inspiration.

So, what is it that makes these quotes so appealing to the public? Several points have to be kept in mind when answering this question. First and foremost, the financial sayings of the rich and famous short and concise, and yet are packed with wisdom. You could say that it may require some knowledge in business and economics when it comes to grasping the ideas of business writers (three or four pages in length), while the quotes of the famous business-men and business-women are the gist and nothing else.

There is another reason why those making their first steps in business prefer to trust the big magnates more than business publications and those who write for them. The first have acquired their business knowledge from practice and have turned this knowledge into billions of dollars. The second acquired their knowledge from business textbooks and long lectures in dismal halls.

When asked change and innovation, Rupert Murdoch pointed out that it is no longer a case of big always beating small. As it stands, it is a case of the fast beating the slow. You could read hundreds of pages on the importance of innovation and change in the business world. Or, you can take Mr. Murdoch's simple words that growing a big business is not as important as growing one which is quick to adapt to changes in the market.

If you are an entrepreneur, you can use the clever thoughts of magnates and witty leaders just like they do - to motivate your employees. If your employees are not motivated enough, then you can motivate them by using quotes and sayings from famous business people. - 31963

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