"He who walks with billionaires, will become a billionaire." ~ Christopher Kozoriz

Sheldon Adelson - Quotes


American business magnate. He is the chairman and chief executive officer of the Las Vegas Sands Corporation, which owns the Marina Bay Sands in Singapore and is the parent company of Venetian Macao Limited which operates The Venetian Resort Hotel Casino and the Sands Expo and Convention Center. He also owns the Israeli daily newspaper Israel Hayom, and the Las Vegas Review-Journal.

"A billion dollars doesn’t buy what it used to."

"Achievement is the motivation of entrepreneurs."

"Authenticity is so important to us."

"Be prepared to get back up if you fall down in the process."

"Business is a commercial enterprise. And the report card for a commercial enterprise is making money."

"Change the status quo."

"Courage of your own convictions and the willingness to take a risk. Then believe in what you think." [On what you need to be an entrepreneur]

"Create a vision. Identify it and go for it."

"Describing entrepreneurship you have to say that risk is reward and reward is risk."

"Entrepreneurs do it for the accomplishment. The self-fulfillment. To feel good about something."

"For me, any business decision means that I need to have a decent profit margin. Hospitality sector, in itself, is not inviting enough. I deal in big money. Without gambling, setting up any resort doesn’t make sense… I deal in big money. I am not looking for a few dollars here and few dollars there."

"For me, businesses are like buses. You stand on a corner and you don’t like where the first bus is going? Wait ten minutes and take another. Don’t like that one? They’ll just keep coming. There’s no end to buses or businesses."

"I could set up a road map to success in a particular business… nobody wants to follow."

"I didn’t go to business school."

"I don’t want to get into something I know nothing about."

"I first had a success when I was 16 years old. I was in the vending machine business."

"If I was a young man today, I’d be in China, in Shanghai creating basic industry businesses. Like materials, like chemicals. Basic appliances and consumer products like refrigerators… Creating products." [In 2006]

"If I were to retire, I would keep my family’s interest in the company the same and say, Don’t sell."

"I formed an opinion that if I did things differently than the way everybody did it that it would add value to every effort I made."

"I’ll tell you the secret, but nobody ever follows it. Just do things different. Just do things in life the way other people do that. Change the status quo. And then you’ll succeed."

"I look at every business and ask, How long can this last? How can I identify the status quo and change it?"

"I’m afraid of the trend where more and more people have the tendency to want to be given instead of wanting to give more."

"I’m not in business to make money for the other guy. I’m in business to make money for myself."

"I never thought about becoming wealthy. It never crossed my mind. What really motivated me was to try to accomplish something."

"Instead of trying to fit a product or service into a budget. Fit the budget into the product or service."

"I see this as my humanitarian legacy. We’re prepared to pay billions."

"I think it’s the opportunity to create something, to accomplish something." [On why business is interesting to him]

"I think one of the most significant characteristics about being entrepreneurial is to have the courage of your own convictions."

"It is true the more mature a development becomes, the less risk there. But the less risk, the less reward."

"It’s unfair that I’ve been treated unfair – but it doesn’t stop me."

"It was the right idea at the right time."

"I’ve already figured out when I’m going to be No. 2 and No. 1."

"I won’t exactly say genius. My hobby has been to create businesses."

"Just do things different."

"Money is fungible."

"My first business was at the age of twelve. I bought and sold two newspaper “corners.” The “corner” was like a franchise to be able to sell the local newspapers. It was a right, and I had to buy that right from somebody."

"My mantra for success… Making the right decisions at the right time."

"My method of operation is to: identify, challenge and change the status quo."

"My parents had few material things and the moneylender came to the house so often that I thought he was an uncle, like he was part of the family, because he would show up at every family affair."

"Nobody ever helped me. I had to do everything on my own."

"People say they only have so much money… Everyone has a limited amount of money to start a business."

"Some people call me an optimist. The fact is that my appetite for risk was far greater than other people, and my courage in my own conviction was unshakeable."

"Sometimes in business, some people are overwhelmed by their success. That has happened to me a number of times. Birthright is overwhelmed by its success. There are so many kids that want to go on Birthright. A big challenge for Birthright is to raise enough money to send all the kids that want to go. The demand is much higher than the supply."

"The courage of your own convictions. Create a vision. Identify it and go for it." [On the most important quality of entrepreneurs]

"The key factor in my strategy is longevity."

"The moneylender came to the house so often that I thought he was an uncle…"

"The name of my game is to eat his lunch."

"The only purpose of making a good property is to sell it and make money out of it."

"The proof of the pudding is in the eating."

"The report card for a commercial enterprise is making money."

"The trade show is the seed for the industry’s growth."

"We don’t have to be Chinese to appeal to the Chinese market."

"We focus on the bottom line."

"What scares me is the lack of accountability that people would prefer to experience, just let the government take care of everything and I’ll go fish or I won’t work…"

"When you put up a new project the wisest thing to do is to get something called project financing. Meaning the project itself justifies the mortgage."

"Why do I need succession planning? I’m very alert, I’m vibrant. I have no intention to retire."

"You have to be a visionary to see the opportunity."

"You have to be willing to take risks."

"You take care of the customer with the best product and service you can make and profit follows you like your shadow."