2012-03-09

8 (Genuine!) Tips For Success From Asia's Richest Man Li Ka-shing

http://www.forbes.com/sites/russellflannery/2012/03/07/8-genuine-tips-for-success-from-asias-richest-man-li-ka-shing/

The Li Ka Shing Foundation, Li’s charity foundation:

*As a leader, one should spend more time than others planning for the future.

*I do not get overly optimistic when the market is good, nor overly pessimistic when the market is down.

*A good reputation for yourself and your company is an invaluable asset not reflected in the balance sheets.

* It doesn’t matter how strong or capable you are; if you don’t have a big heart, you will not succeed.

*To be a successful manager, attitude and ability are equally important ingredients. A leader inspires others to greatness. A boss dominates his subordinates and makes them feel small.

*Though a universal formula for success is difficult to come by, caution signs for failure are posted everywhere. Establishing a structure that serves to minimize failure will prove to be a shortcut to success.

*Successful managers should also have a keen eye for talent. They not only select people who are smarter than themselves, but also avoid picking corporate superstars whose reputation precedes them.

*The art of good management lies in the capacity to accept change, and the ability to meld new and traditional thinking.

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