Eric Schmidt Quotes

It's stressful when you run a company.

I've decided to study the MBA, as it's crucial to have comprehensive knowledge of business administration and management in running science technology institutes as well as making science-related policies.

I know how to do science. I know how to make things. I don't know how to run a company. Now that's a really tough job.

When I pick my subcommittee chairmen, I look for people that understand what it's like to run successful businesses, who know what it's like to sign the front of the check instead of the back of the check: somebody that gets it.

Honestly, if I could be anything, I'd love to be a small-business authority type of person.

It was Labor Day weekend in 1983, and Dad hired me to run Mick's Lounge, a bar he co-owned, for $200 a week. The business was nearly bankrupt. But I said, 'Dad, I can fix it.' It was the most natural thing I'd ever done. It just made sense to me.

Anyone who has actually had to take responsibility for consequences by running any kind of enterprise whether economic or academic, or even just managing a sports team is likely at some point to be chastened by either the setbacks brought on by his own mistakes or by seeing his successes followed by negative consequences that he never anticipated.

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.

Something will master and something will serve. Either you run the day or the day runs you; either you run the business or the business runs you.

We always have more ideas than we can fund.

Running a business is not the same as being president of the United States.

Lions cannot afford to hunt mice because they literally will starve to death, even if they catch them. Lions and all large carnivores have to hunt game large enough to justify the investment, so they have to hunt antelope and zebra. Why is this important? Because most senior executives are really big on chipmunks.

Leading a big company means never allowing a company to take itself too seriously.

It's better to be in charge of change than to have to react to change.

With respect to Committees as you would perceive I am very jealous of their formation. I mean working committees. I think business is always better done by few than by many.

One of the most intriguing things in management and in business is the role of storytelling - people need the anecdotes to do the work that they do.

A business owner is the boss, but it's a job, a place that is stable and profitable. An entrepreneur is an artist of sorts, throwing his/herself into impossible situations and seeking out problems that require heart and guts to solve. Both are fine, but choose.

Only the general manager can mold the resources, processes, and values that affect innovation , into a coherent capability to develop and launch superior new products and services repeatedly.

As much as you need a strong personality to build a business from scratch, you also must understand the art of delegation.

I made so many mistakes in running the company so far, basically any mistake you can think of I probably made. I think, if anything, the Facebook story is a great example of how if you're building a product that people love you can make a lot of mistakes

If I'm setting up a new business I'll spend three or four months learning everything there is about that business, everything there is about that subject and then I will find good people to run it on a day-to-day basis, but whilst they're running it at least I know what they're talking about when they come back to me.

One of the best bits of advice I can give is, early on, when you're building a new business, try to find somebody to run it on a day-to-day basis to free yourself up to look at the bigger picture.

Now there are times when I have to make big decisions as I'm now running a company and that it's OK to go with being respected first.

Management is, above all, a practice where art, science, and craft meet

If you can run one business well, you can run any business well.