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Top-10 Quotes by Carlos Slim

Carlos Slim Helú, a Mexican business magnate, investor, and philanthropist, has long been a towering figure in the global economic landscape. Born on January 28, 1940, in Mexico City, Slim has consistently been ranked as one of the wealthiest people in the world. His extensive holdings in a considerable array of Mexican companies through his conglomerate, Grupo Carso, span numerous industries, including telecommunications, media, healthcare, and retail. Slim’s insights into business, investment, and wealth management have been highly sought after, and his quotes often reflect his business acumen, personal philosophy, and the breadth of his experience.

  1. “Competition makes you better, always, always makes you better, even if the competitor wins.” – This quote emphasizes the value of competition in driving quality and efficiency, irrespective of the outcome.
  2. “When we decide to do something, we do it quickly.” – Highlighting his philosophy towards decision-making and action, Slim points out the importance of agility in business.
  3. “When there is a crisis, that’s when some are interested in getting out and that’s when we are interested in getting in.” – A classic reflection of his counter-cyclical investment strategy, which has often allowed him to capitalize on market downturns.
  4. “All times are good time for those who know how to work and have the tools to do so.” – Carlos Slim encourages a relentless work ethic and the importance of having the right skills.
  5. “The biggest things in life are not materials.” – Despite his wealth, Slim acknowledges the importance of non-materialistic values in life.
  6. “Firm and patient optimism always yields its rewards.” – This quote underscores his long-term approach to investments and business ventures.
  7. “In business, you invest when things are not in good shape.” – He shares a counterintuitive investment strategy that has paid dividends throughout his career.
  8. “Age is not an obstacle to working, but rather the inactivity and creation of habits that are not conducive to creativity and work.” – Slim challenges common perceptions about age and productivity.
  9. “The key part of any business is the people.” – A testament to his belief in the value of human capital in any entrepreneurial endeavor.
  10. “Mistakes are normal and human. Make them small, accept them, correct them, and forget them.” – His pragmatic approach to handling mistakes in business and learning from them.

Carlos Slim’s quotes encapsulate his philosophy of life and business, offering wisdom that applies well beyond the boardroom. His strategic insights and life lessons underline a legacy built on robust principles of resilience, optimism, and the relentless pursuit of opportunity. His perspective provides not only a blueprint for aspiring entrepreneurs but also for anyone looking to cultivate a meaningful and impactful approach to both life and business. Through these ten quotes, Slim gives us a glimpse into the mindset that has helped him navigate both the peaks and valleys of his extraordinary career.

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