INSIDER 30
brokernews.com.au
Some (not so) inspirational CEO quotes The heads of some of the world’s biggest corporations share their best demotivational wisdom
E
ver wondered how some of the world’s top business people deal with the pressure? Check out some of these insightful gems straight from the horse’s mouth.
Let’s face it, we’re not changing the world. We’re building a product that helps people buy more crap – and watch porn
Bill Watkins, the former CEO of the world’s largest manufacturer of hard drives, Seagate Technology, was ousted from the company in 2009. Apparently he was anything but PC.
I have elderly parents, I have children, I have all kinds of reconnecting to do and to be frank I need to lose about 8 kilos too Sol Trujillo, CEO of Australia’s largest telecommunications company, Telstra, from 2005 to 2009, explains why he decided to stand down.
Be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms ... these models tend to look impressive. ... Beware of geeks bearing formulas Warren Buffet, CEO of American multinational conglomerate holding company Berkshire Hathaway, offered his mea culpa in an annual letter to shareholders after huge company losses in 2008.
After four and a half intense and wonderful years as CEO of Groupon, I’ve decided that I’d like to spend more time with my family. Just kidding – I was fired today Andrew Mason, founder and former CEO of Groupon, wrote this as part of his farewell memo to his employees, in which he took accountability for poor stock performance and failing expectations.
I wish him the best, I really do. I just think he and Microsoft are a bit narrow. He’d be a broader guy if he had dropped acid once or gone off to an ashram when he was younger
Success breeds complacency. Complacency breeds failure. Only the paranoid survive Andrew Grove, the former CEO of Intel Corporation, who escaped from communist-controlled Hungary at the age of 20 and went on to help transform Intel into the world’s largest manufacturer of semiconductors.
Steve Jobs, co-founder and former chairman and CEO of Apple, on his rival, Microsoft founder Bill Gates. Images from Wired.com – Steve Jobs, Bill Watkins; Wikipedia – Andrew Grove, Sol Trujillo, Warren Buffet; The DEMO Conference/Flickr – Andrew Mason
DIRECTORY AGGREGATOR / WHOLESALE BROKER FAST 02 9233 8222 www.fastgroup.com.au Page 7
PLAN Australia 1300 78 78 14 www.planaustralia.com.au Page 11
BANK
ANZ 13 13 14 www.anz.com.au Page 9
LENDER
Homeloans Ltd 13 38 39 www.homeloans.com.au Page 15 Liberty Financial 13 11 33 www.liberty.com.au Page 3
Macquarie 13 62 27 macquarie.com.au/mortgages Page 32 MKM Capital 1300 762 151 www.mkmcapital.com.au Page 8 National Australia Bank www.nabbroker.com.au Page 5
SHORT-TERM LENDER
Interim Finance 02 9982 2222 www.interimfinance.com.au Page 2 Mango Credit 02 9555 7073 www.mangocredit.com.au Page 1
To advertise in Australian Broker, call Simon Kerslake on 02 8437 4786
TECHNOLOGY PROVIDER NextGen.Net 02 9929 5999 sales@nextgen.net www.nextgen.net Page 13
WHOLESALE
Resimac 1300 764 447 www.resimac.com.au Page 17
OTHER SERVICES
Deposit Power 1800 678 979 www.depositpower.com.au Page 6 RP Data 1300 734 318 Page 21 Trailerhomes 0417 392 132 Page 26