Business Quote by Warren Buffett
“The extraordinary business does not require good management.”
About This Quote
Source Speech: Berkshire Hathaway Annual Shareholders Meeting, 2018
Extraordinary businesses succeed without needing perfect management.
In simple terms: Great ventures thrive despite imperfect leadership.
Key Takeaway
Focus on vision, not micromanagement.
Themes
business
leadership
excellence
Mood
analytical
pragmatic
Type
advice
business
When to use this quote
- startup
- corporate growth
- innovation
Key Concepts
entrepreneurship
strategic vision
Questions to Reflect On
- How can you balance vision with effective management?
- When is management truly critical?
A Different Perspective
Overlooks importance of competent execution.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)