Carlos Slim
Carlos Slim
Carlos Slim Helúis a Lebanese Mexican business magnate, investor, and philanthropist. From 2010 to 2013, Slim was ranked as the richest person in the world. Known as the "Warren Buffett of Mexico", he derived his fortune from his extensive holdings in a considerable number of Mexican companies through his conglomerate, Grupo Carso. As of 31 July 2016 he was #7 on Forbes list of billionaires, with a net worth estimated at US$50 billion...
NationalityMexican
ProfessionEntrepreneur
Date of Birth28 January 1940
CityMexico City, Mexico
CountryMexico
Profitability is coming from productivity, efficiency, management, austerity, and the way to manage the business.
At 25, I made many companies. I was thinking more like a businessman or entrepreneur than a CEO. I created many companies, small companies, medium companies. I tried to be involved in many kinds of activities, in finance, in real estate, in mining.
Any personal crisis - you have to use it to get stronger.
You don't need to raise taxes on rich people, because they create capitalization and investment. But you need to tax speculation - meaning capital gains.
I studied engineering in the national university, the Universidad Autonoma, in San Ildefonso.
I love baseball. And American Football, too. But not rugby.
No, my father passed away when I was 13 years old. I was very young.
Staying occupied displaces preoccupation and problems, and when we face our problems, they disappear.
Choose the right employees and then set them loose.
I think that anything that has privileges have responsibility and all people that is clear about their responsibility has compromise.
All businesses make mistakes. The trick is to avoid large ones.
Firm and patient optimism always yields its rewards.
I think one of the big errors people are making right now is thinking that old-style businesses will be obsolete, when actually they will be an important part of this new civilization. Some retail groups are introducing e-commerce and think that the bricks are no longer useful. But they will continue to be important.
Courage taught me no matter how bad a crisis gets… any sound investment will eventually pay off.