In the business world, everyone is paid in two coins: cash and experience. Take the experience first; the cash will come later.
Every company has two organizational structures: The formal one is written on the charts; the other is the everyday relationship of the men and women in the organization.
Uncertainty will always be part of the taking charge process.
It's better to take over and build upon an existing business than to start a new one.
What you manage in business is people
It is much more difficult to measure non-performance than performance. Performance stands out like a ton of diamonds. Non-performance can almost always be explained away
Business is many things, the least of which is the balance sheet. It is a fluid, ever changing, living thing, sometimes building to great peaks, sometimes falling to crumbled lumps.
I think it is an immutable law in business that words are words, explanations are explanations, promises are promises, but only performance is reality