What did Theodore Levitt mean by: Experience comes from what we have done. Wisdom comes from what we have done badly. - Theodore Levitt Economist · USA Copy
+ One should not focus on the differences between people but look for commonality and similarity. Feraz Zeid, December 22, 2023January 10, 2024, Theodore Levitt, Difference, Focus, 0 - Theodore Levitt Economist · USA
+ People don’t want quarter-inch drills. They want quarter-inch holes. Feraz Zeid, December 22, 2023January 10, 2024, Theodore Levitt, Deep Thought, 0 - Theodore Levitt Economist · USA
+ Organizations exist to enable ordinary people to do extraordinary things. Feraz Zeid, December 22, 2023January 10, 2024, Theodore Levitt, Business, Organization, 0 - Theodore Levitt Economist · USA
+ The true purpose of a business is to create and keep a customer, not to make you money. Feraz Zeid, December 22, 2023January 10, 2024, Theodore Levitt, Customers, Purpose, 0 - Theodore Levitt Economist · USA
+ People don’t want to buy a quarter-inch drill. They want to buy a quarter-inch hole! Feraz Zeid, December 22, 2023January 10, 2024, Theodore Levitt, Holes, 0 - Theodore Levitt Economist · USA
+ Creativity is thinking up new things. Innovation is doing new things. Feraz Zeid, December 22, 2023January 10, 2024, Theodore Levitt, Change, Creativity, 0 - Theodore Levitt Economist · USA
+ Kodak sells film, but they don’t advertise film; they advertise memories. Feraz Zeid, December 22, 2023January 10, 2024, Theodore Levitt, Film, Memories, Photography, 0 - Theodore Levitt Economist · USA
+ A product is not a product unless it sells. Otherwise it is merely a museum piece. Feraz Zeid, December 22, 2023January 10, 2024, Theodore Levitt, Museums, Pieces, Products, 0 - Theodore Levitt Economist · USA
I’ve taught, and the first thing I did when I taught art, was not to teach art. Explain - Louise Berliawsky Nevelson Sculptor · Ukraine
Appreciation of art is a moral erection, otherwise mere dilettantism. Explain - Jean Cocteau Artist · France
Lying is the only art form that the public sanctions and instinctively prefers to reality. Explain - Jean Cocteau Artist · France
Whatever the world condemns you for, make it your own. It is yourself. Explain - Jean Cocteau Artist · France
The liabilities are always 100 percent good. It’s the assets you have to worry about. Explain - Charlie Munger Business person
It’s stupid the way people extrapolate the past — and not slightly stupid, but massively stupid. Explain - Charlie Munger Business person
Film will only became an art when its materials are as inexpensive as pencil and paper. - Jean Cocteau Artist · France