Just like in a cafe, we talk about everything. Nothing heavy. Just talk over a cup of coffee.

Wednesday, August 17, 2011


Thomas Boone Pickens, Jr. (born May 22, 1928), known as T. Boone Pickens, is an American financier who chairs the hedge fund BP Capital Management. He was a well-known takeover operator and corporate raider during the 1980s. With an estimated current net worth of about $1.4 billion, he is ranked by Forbes as the 328th-richest person in America and ranked 879th in the world.
  • Learn to analyze well: Assess risks and prospective awards because there is no substitute for good research. 
  • Leadership is the quality that transforms good intentions into positive action; it turns a group of individuals into a team.
  • Be a team player. 
  • Be patient. Don’t forget the old adage, “Patience is a great virtue.” Pickens has noted how it was much harder to follow his own advice in this regard earlier in his career.
  • Be realistic. Dream, yes, but don’t be a daydreamer. 
  • Concentrate on the goals, not on the size of the organization. You can’t measure a place by size unless it’s a football stadium.
  • Forget about age, which means giving young people a chance.
  • Keep things informal. Talking is a natural way to do business. Writing is great for keeping records and pinning down details but talk generates ideas.
  • Make sure as many people as possible have a stake in the game.
  • Learn from mistakes. That’s not just a cliche. “It’s all right to get your fingers crushed in the door, but don’t let the same door crush them twice.” 
  • Stay fit. No one wants to get old and feel bad! Physical fitness is an essential part of the best-run companies, for it has economic as well as spiritual and psychological benefits. 
  • Practice moderation. Balance family life and work. The key is organization — there’s plenty of time for play, but plan it.
  • If you’re organized, you’ll find time for everything. Take as big a bite of the apple as you want — that’s what’s great about America. 
  • Keep success as well as failure in perspective and, most importantly, always play by the rules: Never think you have to cheat to win; there’s no need to bend your principles. As in sports, cheating to win is a hollow victory, at best. But most of all, you won’t feel good about yourself. 
  • Whenever he hears talk about an ethics crisis in America, Pickens scoffs. “We don’t have an ethics crisis — if anything, it’s a leadership crisis,” he says. “It all goes back to the top. Leaders must lead by example.”
  • Enjoy what you do. Word hard. Move quickly. Laugh a lot. If there is a screw-up, it’s a team screw-up.

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