Quotes by Eli Broad - Page 2

I never play golf because it takes too long, and the business connections it produces can be made just as easily over an early breakfast.
Eli Broad / Business Person
Breakfast
Connections
Golf
Long
Play
Easily
Early
Play Golf
Produces
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I don't think it makes any sense for an individual to invest in common stocks unless they know the company, work at the company, and so on.
Eli Broad / Business Person
Common
Individual
Thinking
Invest
Stocks
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In high school, I would drive my teachers batty. They would make a statement, and I would say, 'Why is that?' They didn't want to be questioned.
Eli Broad / Business Person
Teacher
School
Want
Teachers
Questioned
Statement
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One, Andrew Carnegie said, ‘He who dies with wealth dies in shame.’ And someone once said, ‘He who gives while he lives also knows where it goes.’
Eli Broad / Business Person
Giving
Shame
Wealth
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A lot of executives act like their time is worth more than anyone else's. But I always respect an employee who guards his or her time, even from me.
Eli Broad / Business Person
Employee
Executives
Time Respect Always
Time Respect Me
Guards
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People don't know I've got a deep social conscience. I'm a child of the Depression, born in 1933. My parents were very liberal in their social views.
Eli Broad / Business Person
Depression
Children
Conscience
People
Views
People Parents Know
Liberal
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People think it's strange how briskly I move through museums. Sure, I could stand in front of each piece and stare at it for a good long time. But that's not me.
Eli Broad / Business Person
Museums
Time Good Me
Stare
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For businesses to be successful, they need to constantly ask the question: how can we provide value to our customers? At the end of the day, that is what matters.
Eli Broad / Business Person
Successful
The End Of The Day
What Matters
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Los Angeles is one of the four cultural capitals of the world, but we don't attract as many cultural tourists as New York, London or Paris. I want to change that.
Eli Broad / Business Person
Los Angeles
Tourists
Change World New
Angeles
Attract
Cultural
Los
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For businesses to be successful, they need to constantly ask the question: 'How can we provide value to our customers?' At the end of the day, that is what matters.
Eli Broad / Business Person
Customers
End Of The Day Value Day
Businesses
End Of The Day
Matters
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I believe in the democratization of the arts. What do I mean by that? I think museums, with some exceptions, have a responsibility to educate a much broader public.
Eli Broad / Business Person
Democratization
Educate
Museums
Believe Responsibility I Believe
Arts
Broader
Believe I Believe Responsibility
Exceptions
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Most museums - with all their burdens to pay for exhibitions, administration, and security - really don't have any money really to acquire art, with few exceptions.
Eli Broad / Business Person
Art
Acquire
Administration
Exhibitions
Museums
Burdens
Exceptions
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How absurd that our students tuck their cell phones, BlackBerrys, iPads, and iPods into their backpacks when they enter a classroom and pull out a tattered textbook.
Eli Broad / Business Person
Absurd
Cells
Classroom
Ipads
Phones
Cell
Cell Phones
Enter
Pull
Textbook
Tuck
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As the son of a union activist and a lifelong Democrat, I've always thought that privatizing our public schools is not the answer. We must strengthen public schools.
Eli Broad / Business Person
Activist
Democrat
Privatizing
Union
Public Schools
Schools
Strengthen
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I don't like to spend time in endless meetings talking about stuff that isn't going to get anything done. I have meetings, but they're short, prompt and to the point.
Eli Broad / Business Person
Endless
Meetings
Time Done Anything
Prompt
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Someone once told me I'm a sore winner, and they're right. I rarely take more than a moment to enjoy a success before I'm moving on and looking for the next challenge.
Eli Broad / Business Person
Life
Moving On
Challenges
Moving
Winner
Rarely
Sore
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Who you spend your life with-much more so than how you choose to spend it-is the most important decision you can make. Do it right. That's the best advice I can give you.
Eli Broad / Business Person
Advice
Decision
Giving
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I believe in two things: One, Andrew Carnegie said, 'He who dies with wealth dies in shame.' And someone once said, 'He who gives while he lives also knows where it goes.'
Eli Broad / Business Person
Andrew
Carnegie
Dies
Shame
Wealth
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If you have poor management that's not doing the right job, you end up with unions filling the void and... page after page of work rules and thicker and thicker contracts.
Eli Broad / Business Person
Jobs
Contracts
Filling
Management
Poor Management
Unions
Void
Page
Right Job
Thicker
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Being a Midwesterner, I know that many of the middle-class manufacturing jobs that had been at the heart of our economy are either gone or going, and they're not coming back.
Eli Broad / Business Person
Manufacturing
Manufacturing Jobs
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I am not a patient person. My friends and colleagues will confirm this. But, frankly, we should all feel a little more impatient with the state of public education in America today.
Eli Broad / Business Person
America
Littles
Patient Person
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People always say congratulations. When you're a successful bidder it means you're willing to spend more money than anyone else. I'm not sure if that's congratulations or condolences.
Eli Broad / Business Person
Positive
Condolences
Congratulations
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Museums do not share their collections with other museums unless they get something in exchange. The Metropolitan will deal with the Louvre, but will they send their stuff to Memphis? No.
Eli Broad / Business Person
Collections
Louvre
Memphis
Metropolitan
Museums
Stuff
Exchange
Send
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You don't support politicians in their elections if whoever's seeking money only has a goal to stay in office or get in office. You have to pick the people who are going to do the best job.
Eli Broad / Business Person
Seeking
Best Money People
Elections
Politicians
Whoever
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If you ask why I do what I do - I want to make a difference. I don't just want to maintain the status quo. I want to help people, to work with institutions or create ones when they don't exist.
Eli Broad / Business Person
Status Quo
Work People Help
Exist
Help People
Maintain
Make A Difference
Quo
Status
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I've become convinced that Los Angeles is going to become the next contemporary art capital - no other city has more contemporary gallery space than Los Angeles. We've come into our own, finally.
Eli Broad / Business Person
Space
Contemporary
Contemporary Art
Gallery
Los Angeles
Angeles
Capital
City
Finally
Los
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Unfortunately, the boards of art institutions tend to be populated with well-meaning supporters of the arts who often lack any business background or appetite for imposing appropriate discipline.
Eli Broad / Business Person
Art
Appetite
Appropriate
Boards
Discipline
Imposing
Background
Arts
Unfortunately
Supporters
Well-Meaning
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To me, unconventional thinking is approaching a problem and asking, 'Why not? Why can't something be done?' If someone can't give me a good reason why you can't do something, I find a way to do it.
Eli Broad / Business Person
Give Me
Unconventional
Why Not
Good Thinking Me
Approaching
Good Reason
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Managers are responsible for setting workplace policies under which teachers can succeed. Managers are responsible for negotiating contracts that create the conditions under which teachers can succeed.
Eli Broad / Business Person
Teacher
Conditions
Contracts
Managers
Negotiating
Setting
Succeed
Workplace
Teachers
Policies
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While I am proud of a number of accomplishments, there are real costs to being unreasonable. Long hours. Too little time with family. A near incapacity for, as they say, stopping and smelling the roses.
Eli Broad / Business Person
Success
Hard Work
Real
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My family and I have been blessed with good fortune in the world of business. We've created quite a net worth. My children, two boys, have more money than they will ever need, and they aren't empire builders.
Eli Broad / Business Person
Blessed
Fortune
Good Fortune
Net Worth
Family Good Business
Builders
Empire
Family Business Good
Net
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There is no substitute for knowledge. To this day, I read three newspapers a day. It is impossible to read a paper without being exposed to ideas. And ideas - more than money - are the real currency for success.
Eli Broad / Business Person
Journey
Knowledge
Wisdom
Money
Real
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My wife was the first art collector in the family, and I didn't become interested until around 1973. The first important artwork we bought was a Van Gogh drawing of two peasant houses in Saintes-Maries-de-la-Mer.
Eli Broad / Business Person
Art
Artwork
Drawing
Two
Bought
Collector
Gogh
Houses
Peasant
Van
Van Gogh
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I don't think the market can keep going up. In the U.S., we see real estate not going up.. houses are selling at lower prices. You can't have anything going up 10 percent to 20 percent to 30 percent indefinitely.
Eli Broad / Business Person
House
Real
Thinking
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Charity is just writing checks and not being engaged. Philanthropy, to me, is being engaged, not only with your resources but getting people and yourself really involved and doing things that haven't been done before.
Eli Broad / Business Person
Charity
Checks
Engaged
Giving
Involved
People
Philanthropy
Resources
Writing
Done Yourself Your
Me Yourself People
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The American people frankly have been, over many, many years - to be blunt - fat, dumb and happy. If they want their children to compete with children in India, China or Korea, they better get them a far better education.
Eli Broad / Business Person
Blunt
Dumb
Fat
American People
Compete
Frankly
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The happiest people I've found are in science. These people have three times the IQ - maybe I'm exaggerating. They have a higher IQ than I do. They love what they're doing, they have a good family life, they're satisfied.
Eli Broad / Business Person
Science
Exaggerating
Family Life
Found
Good Family
Higher
Satisfied
Three
Life Love Family
Happiest
Happiest People
Iq
Maybe
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I am old enough to remember when America's K-12 public schools were the best in the world. I am a proud graduate of them, and I credit much of my success to what I learned in Detroit Public Schools and at Michigan State University.
Eli Broad / Business Person
America
Credit
Detroit
Michigan
Remember When
School
University
Graduate
Old Enough
Public Schools
Schools
State University
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The biggest barrier we've seen to student progress is this: School policies and practices often prevent good teachers from doing great work and even dissuade some talented Americans from entering the profession. This needs to change.
Eli Broad / Business Person
Teacher
Entering
Great Work
Practice
Profession
School
Change Work Good
Teachers
Barrier
Talented
Good Teachers
Policies
Practices
Prevent
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I believe that a newspaper is a great civic asset and that ownership is best in the hands of foundations or wealthy families that want to own it for reasons other than maximizing profits. I also believe newspapers should remain in local hands.
Eli Broad / Business Person
Believe
Foundation
Hands
Maximizing
Newspapers
Ownership
Wealthy
Best Great Believe
Asset
Civic
Foundations
Local
Newspaper
Profits
Reasons
Remain
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I can't think of another enterprise other than being a homeowner that can't have its debt restructured in bankruptcy. Corporations can but a homeowner can't? Now with securitization the homeowner can't go to the owner of the loan and work things out.
Eli Broad / Business Person
Bankruptcy
Corporations
Debt
Enterprise
Loan
Thinking
Owner
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Los Angeles is such a great meritocracy. Where can someone with my background - don't have the right family background, the right religion, the right provenance or whatever you want to call it - I come here and I'm accepted. The city's been good to me. And I want to give back.
Eli Broad / Business Person
Accepted
Family Background
Los Angeles
Angeles
Background
Los
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Oprah Winfrey's global influence is unparalleled. Not only has her generosity and firm belief that education is the key to a better life benefited countless women and children around the world, but her example has also inspired millions of people to give back in ways big and small.
Eli Broad / Business Person
Belief
Better Life
Children
Firm
Generosity
Keys
Millions
People
Life Education Women
Countless
Oprah
Millions Of People
Unparalleled
Women And Children
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At a time when all the other builders were selling homes with basements but without carports, we would sell homes without basements and with carports. This allowed us to provide a more appealing product at a lower price. In other words, we felt we would be giving customers greater value.
Eli Broad / Business Person
Home
Giving
Would Be
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School boards are, for the most part,made up of political wannabes who see a board seat as a stepping stone for political office, or well-meaning parents who represent an ethnic group or geography, or have some other narrow interests. Few people on them understand what governance is about.
Eli Broad / Business Person
Geography
Governance
Board
Seat
Represent
Ethnic
Few People
Interests
Narrow
Stepping
Stepping Stone
Well-Meaning
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School boards are, for the most part ,made up of political wannabes who see a board seat as a stepping stone for political office, or well-meaning parents who represent an ethnic group or geography, or have some other narrow interests. Few people on them understand what governance is about.
Eli Broad / Business Person
Office
People
School
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Frankly, I'm not sure how far I would get if I attended public school today. It's not just that public schools aren't producing the results we want - it's that we're not giving them what they need to help students achieve at high levels. K-12 education in the United States is deeply antiquated.
Eli Broad / Business Person
Achieve
Giving
Levels
Public School
Results
School
States
United
United States
Antiquated
Attended
Public
Deeply
Far
Frankly
How Far
Producing
Schools
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Public education is the key civil rights issue of the 21st century. Our nation's knowledge-based economy demands that we provide young people from all backgrounds and circumstances with the education and skills necessary to become knowledge workers. If we don't, we run the risk of creating an even larger gap between the middle class and the poor. This gap threatens our democracy, our society and the economic future of America.
Eli Broad / Business Person
Running
Work
Issues
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To me, money is a means to do good. I reached a point in my life where I had enjoyed tremendous business success that afforded my family everything we could possibly want. My wife and I then decided that we could use our wealth to make a difference. So we created the Broad Foundations to do four things: to improve urban public education, to support innovative scientific and medical research, to foster art appreciation for audiences worldwide and to support civic initiatives in Los Angeles.
Eli Broad / Business Person
Appreciation
Art
Smile
Business
Money
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