Carlos Slim Helu Quotes
120 Carlos Slim Helu Quotes
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Poverty isn’t solved with donations.
Carlos Slim Helu
When there is a crisis, that’s when some are interested in getting out and that’s when we are interested in getting in.
Carlos Slim Helu
Courage taught me no matter how bad a crisis gets… any sound investment will eventually pay off.
Carlos Slim Helu
In business, you invest when things are not in good shape. When you invest at these times, you take a better position than your competitors. When there is a recession and your competition does not invest, they are giving you the advantage.
Carlos Slim Helu
Poverty doesn’t create a market.
Carlos Slim Helu
Maintain austerity in good times to avoid lay offs in bad times.
Carlos Slim Helu
I’ve always said that the better off you are, the more responsibility you have for helping others.
Carlos Slim Helu
When you live for others’ opinions, you are dead. I don’t want to live thinking about how I’ll be remembered.
Carlos Slim Helu
I learned from my father that you continue to invest and reinvest in your business – including during crises.
Carlos Slim Helu
If we have to make mistakes, we make small mistakes… We prefer no mistakes, of course, but small mistakes are the best mistakes.
Carlos Slim Helu
When you don’t have money, it is a problem. [An even bigger problem is when people] Have money in excess and they are not conducting businesses and making investments, creating jobs, and doing things for society. They are only thinking possessions, possessions…
Carlos Slim Helu
You cannot live without doing something.
Carlos Slim Helu
It’s very important for leaders in business to work to create human capital, a team that has the same sense of purpose and alignment.
Carlos Slim Helu
The only way you finish with poverty is with jobs.
Carlos Slim Helu
[In September 2008] What makes cycles occur is that people personally having problems and societies also being optimistic and pessimistic. In one day you have these kinds of changes.
Carlos Slim Helu
[In September 2008] I think we will have a period of madness where everyone will think… if it’s gone up for five years it will go up forever…
Carlos Slim Helu
I used to say for 20 years until now, that in the developed countries the crises are paid for by the savers. In our country [Latin America] it is paid for by the consumers.
Carlos Slim Helu
[On business figures] You see numbers and you know what is happening.
Carlos Slim Helu
My activities are in the real economy.
Carlos Slim Helu
You can read with the numbers.
Carlos Slim Helu
My father used to say that the money that gets out of a company evaporates.
Carlos Slim Helu
The fruit of wealth is income.
Carlos Slim Helu
In this new wave of technology, you can’t do it all yourself, you have to form alliances.
Carlos Slim Helu
I still have my laptop but I haven’t used it. I’m a paper man, not electronic.
Carlos Slim Helu
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.
Carlos Slim Helu
I’ve always said that the better off you are, the more responsibility you have for helping others. Just as I think it’s important to run companies well, with a close eye to the bottom line, I think you have to use your entrepreneurial experience to make corporate philanthropy effective.
Carlos Slim Helu
[On being asked why had not bought a bigger house (He lives in a relatively modest house in Mexico rather than a luxury mansion)] What for? So that I can get lost in it? No, in my house I live with my children. It’s a sociable space…
Carlos Slim Helu
I believe that if a businessman knows how to efficiently manage his business, he should be able to manage a foundation efficiently. It’s not a question of giving money away, it’s a question of going somewhere and doing something and making sure the basic costs are paid… I’m channelling resources to try to solve problems as quickly as possible.
Carlos Slim Helu
The key is the internet. The United States is by far the most advanced country in this new digital culture, so we have to be there. The internet is the heart of this new civilization, and telecommunications are the nervous system, or circulatory system.
Carlos Slim Helu
It’s not a question of arriving and putting in a whole new administration, but instead, arriving and ‘compacting’ things as much as possible, reducing management layers. We want as few management layers as possible, so that executives are very close to the operations. We also don’t believe in having big corporate infrastructures.
Carlos Slim Helu
Our concept is more to accomplish and solve things, rather than giving, that is, not going around like Santa Claus. Poverty isn’t solved with donations.
Carlos Slim Helu
Courage taught me no matter how bad a crisis gets, Mexico isn’t going to disappear, and that if I have confidence in the country, any sound investment will eventually pay off.
Carlos Slim Helu
My father used to say, ‘Make it clean and make it on time.’
Carlos Slim Helu
We developed the concept of prepay; that was our idea. We subsidize [mobile] handsets to make them available to everyone. We are looking for universal service so that everyone can have a mobile phone. We have 85 percent penetration in Latin America and are investing to increase broadband penetration.
Carlos Slim Helu
There are moments when things are very low in price that normally are very expensive. In business, you invest when things are…
Carlos Slim Helu
The people inside the group need to have some conditions to follow. We have a philosophy of leadership, ideas, and concepts. They need to share that.
Carlos Slim Helu
When we get together, groups cannot compete against each other inside the company. We need to go in the same direction – not competing on the inside but competing on the outside.
Carlos Slim Helu
You need to have a culture that is flexible, that people can adapt to and would join with pleasure.
Carlos Slim Helu
You cannot have people in your organization who are pessimists. They take you to mediocrity.
Carlos Slim Helu
Patient optimism.
Carlos Slim Helu
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