Fabrice Grinda

Musings of an Entrepreneur

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John Stuart Mill (1806 – 1873), On Liberty

“The only freedom which deserves the name is that of pursuing our own good in our own way, so long as we do not attempt to deprive others of theirs, or impede their efforts to obtain it. Each is the proper guardian of his own health, whether bodily, or mental or spiritual. Mankind are greater gainers by suffering each other to live as seems good to themselves, than by compelling each to live as seems good to the rest.”

Interesting quote on love

“I have stressed the fact that the beloved person is a substitute for the ideal ego. Two people who love each other are interchanging their ego ideals. That they love each other means they love the ideal of themselves in the other one. There would be no love on earth if this phantom were not there. We fall in love because we cannot attain the image that is our better self and the best of our self. From this concept it is obvious that love itself is only possible on a certain cultural level or after a certain phase in the development of the personality has been reached. The creation of an ego ideal itself marks human progress. When people are entirely satisfied with their actual selves, love is impossible. The transfer of the ego ideal to a person is the most characteristic trait of love.” – Theodor Reik “Of love and lust”

Optimism

It is the formidable character of the species to routinely seek the improbable, the difficult, even the impossible, as a source of pleasure and self-justification. Who would try to write poems, or novels, or paint pictures unless he is an optimist.
Lionel Tiger

The essence of optimism is that it takes no account of the present, but it is a source of inspiration, of vitality and hope where others have resigned; it enables a man to hold his head high, to claim the future for himself and not to abandon it to his enemy.
Dietrich Bonhoeffer

Yet another great Shakespeare quote

Some people are born great. Some achieve greatness. Some have greatness thrust upon them.

Great Teddy Roosevelt Quote

It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.

My quote for the day

Go confidently in the direction of your dreams! Live the life you’ve imagined.
Thoreau

Funny Elias Canetti quote

Whenever you observe an animal closely, you feel as if a human being sitting inside were making fun of you.

Mahatma Gandhi quotes

Strength does not come from physical capacity. It comes from an indomitable will.

You must be the change you want to see in the world.

You must not lose faith in humanity. Humanity is an ocean; if a few drops of the ocean are dirty, the ocean does not become dirty.

As long as you derive inner help and comfort from anything, keep it.

Freedom is not worth having if it does not connote freedom to err. It passes my comprehension how human beings, be they ever so experienced and able, can delight in depriving other human beings of that precious right.

Patience and Thrift by John D. Rockefeller

Patience:

All the while, John Rockefeller, with the dogged patience
that would defeat scores of embattled competitors, waited
determinedly in the wings. …

Rockefeller succeeded because he believed in the longterm
prospects of the business and never treated it as a mirage that
would soon fade.

Thrift:

Again, like Weber’s ideal capitalist, “he avoids ostentation and
unnecessary expenditure, as well as conscious enjoyment of his
power, and is embarrassed by the outward signs of the social
recognition which he receives.”

By avoiding talk of money as unbecoming, Rockefeller concealed
from his children the magnitude of his fortune. When Bessie [daughter]
enrolled at Vassar in the mid-1880s … she went on a shopping
expedition with some classmates to purchase a Christmas present
for a favorite teacher. At a Manhattan store, they found the
perfect gift: a $100 desk. Since Bessie and her companions
had only $75, they asked the merchant if he could wait a few
days for the remaining $25. He agreed to do so if a New York
businessman would vouch for them. “My father is in business,”
Bessie offered meekly. “He will vouch for us.” Who is your
father? asked the man. “His name is Mr. Rockefeller,” she
said. “John D. Rockefeller; he is in the oil business.”
The merchant gasped. “John D. Rockefeller your father!” When
he agreed to ship the furniture, Bessie imagined he had merely
changed his mind to please them.

Dislike of show-offs:

Rockefeller and Morgan were antithetical types, offering a
vivid contrast between the ascetic and the sybarite, the Roundhead
and the Vavalier. As the chieftain of the Anglo-American
financial establishment, the wellborn Morgan, expensively
educated in America and Europe, was a consummate insider in
the business world. … Blustery and theatrical, Morgan was
impetuous and hot-blooded… At his headquarters at 23 Wall
Street, he often seemed harried, ruling by brilliant snap
judgements. Fond of luxury, Morgan inhabited the world of the
ultrarich, with their gargantuan cigars, fine port, and
oversized steam yachts.

For Rockefeller, Morgan embodied all the sins of pride, luxury,
and arrogance. When they first met … they took an instant
dislike to each other.

[Rockefeller's] retirement was equally remarkable for its
omissions. For instance, he lacked the wanderlust that infected
other rich men, such as J.P. Morgan, in their later years. He
never collected art or exploited his wealth to broaden his
connections or cultivate fancy people. … He showed no interest
in old-money clubs, parties, or organizations. … When someone
expressed surprise to Rockefeller that he had not gotten a
big head, he replied, “Only fools get swelled up over money.”
Comfortable with himself, he needed no outward validation of
what he had accomplished. We can criticize him for lack of
imagination, but not for weakness.

True philanthropy (as opposed to self aggrandization in the guise of philanthropy):

Before Rockefeller came along, rich benefactors had tended
to promote pet institutions (symphony orchestras, art museums,
or schools) or to bequeath buildings (hospitals, dormatories,
orphanages) that bore their names and attested to their
magnanimity. Rockefeller’s philanthropy was more oriented
toward the creation of knowledge, and if it seemed more
impersonal, it was also far more pervasive in its effect.

John D. Rockefeller Quotes

“I had no ambition to make a fortune. Mere money-making has never been my goal, I had an ambition to build.”

“The person who starts out simply with the idea of getting rich won’t succeed; you must have a larger ambition. There is 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.”

“Charity is injurious unless it helps the recipient to become independent of it.”

“Singleness of purpose is one of the chief essentials for success in life, no matter what may be one’s aim.”

“Every right implies a responsibility; Every opportunity, an obligation, Every possession, a duty.”

“If your only goal is to become rich, you will never achieve it.”

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