College students across the country will accept diplomas and
step out into the “real world” for the first time this month. Some
have jobs, many don’t, but all are hopeful about what lies
ahead.
As to their first steps beyond the comfort of campus, whose
advice should they follow? What lessons should they heed as they
embark on this great journey of independence and self-sufficiency?
How about listening to some of the most successful people
anywhere:<wbr>visionary business leaders who built
empires from nothing and now rank among the wealthiest on the
planet. Here’s a curated list of lessons billionaires have given to
college graduates over the years in commencement addresses.</wbr>
Steve Jobs: Live
Each Day As If It Was Your Last
When I was 17, I read a quote that
went something like: “If you live each day as if it was your last,
some day you’ll most certainly be right.” It made an impression on
me, and since then, for the past 33 years, I have looked in the
mirror every morning and asked myself: “If today were the last day
of my life, would I want to do what I am about to do today?” And
whenever the answer has been “no” for too many days in a row, I
know I need to change something. ~Stanford University,
2005
Bill
Gates: From Those To Whom Much Is Given, Much Is
Expected
My mother, who was filled with
pride the day I was admitted here-never stopped pressing me to do
more for others. A few days before my wedding, she hosted a bridal
event, at which she read aloud a letter about marriage that she had
written to Melinda. My mother was very ill with cancer at the time,
but she saw one more opportunity to deliver her message, and at the
close of the letter she said: “From those to whom much is given,
much is<wbr>expected.” <em><a href="http://www.youtube.com/watch?v=AP5VIhbJwFs">~Harvard University,
2007</a></em></wbr>
Oprah Winfrey:
We All Need Makeovers From Time To Time
People love makeovers, because the
physical results are always so astonishing.<wbr>But I
like doing them because of the possibility of transforming more
than the way people look.<wbr>You want to change the
way people feel about themselves.<wbr>One man, a guy
we’d just seen walking down the street, with a beard that was
almost to the ground, it looked like he was hiding behind all of
that beard.<wbr>And after we got rid of all that hair
and he could actually see himself, he said, “I feel alive
again.”<wbr>The makeover allowed him to see himself in
a way that he’d forgotten was there.<wbr>You know, we
all need makeovers from time to time in our lives, and graduates, I
know this, that if you can see the possibility of changing your
life, of seeing what you can become and not just what you are, you
will be a huge success. <em><a href="http://www.oprah.com/world/Oprah-Winfreys-Duke-University-Graduation-Speech-Video">
~Duke University, 2009</a></em></wbr></wbr></wbr></wbr></wbr></wbr>
Michael Dell:
Never Be The Smartest Person In The Room
Try never to be the smartest person
in the room. And if you are, I suggest you invite smarter people …
or find a different room. In professional circles it’s called
networking. In organizations it’s called team building. And in life
it’s called family, friends, and community. We are all gifts to
each other, and my own growth as a leader has shown me again and
again that the most rewarding experiences come from my
relationships.<wbr><em><a href="http://www.utexas.edu/commencement/2003/spring/speech.html">~University
of Texas, 2003</a></em></wbr>
Michael
Bloomberg: Don’t Stay Down Long
My first job out of school was on
Wall Street and I stayed there for 15 years. It was a terrific
ride: Fun times, and lots of praise from my
bosses.<wbr>Everybody loved me – right up until the
day they fired me!<wbr>But I remained optimistic –
because happiness for me has always been going out and trying to
beat the odds.<wbr>So the next day after I got fired,
literally the next day, I started a new company. <em><a href="http://www.tufts.edu/home/feature/?p=commencement2007&p4=4">
~Tufts University, 2007</a></em></wbr></wbr></wbr>
JK Rowling:
Failure Can Be the Foundation
Of<wbr>Success</wbr>
So why do I talk about the benefits
of failure? Simply because failure meant a stripping away of the
inessential. I stopped pretending to myself that I was anything
other than what I was, and began to direct all my energy into
finishing the only work that mattered to me. Had I really succeeded
at anything else, I might never have found the determination to
succeed in the one arena I believed I truly belonged. I was set
free, because my greatest fear had been<wbr>realized,
and I was still alive, and I still had a daughter whom I adored,
and I had an old typewriter and a big idea. And so rock bottom
became the solid foundation on which I rebuilt
my<wbr>life.<wbr><em><a href="http://www.youtube.com/watch?v=wHGqp8lz36c">~Harvard University,
2008</a><wbr>(Note: <a href="http://www.forbes.com/sites/freddreier/2012/03/07/billionaire-dropoffs/">
No longer a billionaire</a>)</wbr></em></wbr></wbr></wbr>
Jeff Bezos: Gifts Are Easy, Choices Are
Hard
I will hazard a prediction. When
you are 80 years old, and in a quiet moment of reflection narrating
for only yourself the most personal version of your life story, the
telling that will be most compact and meaningful will be the series
of choices you have made. In the end, we are our choices. Build
yourself a great story.<wbr><a href="http://www.youtube.com/watch?v=vBmavNoChZc">~Princeton University,
2010</a></wbr>
Mark Zuckerberg: It’s Easier If You Do Something You
Love
When you go home to dinner and you
have the worst tasting vegetable on your plate you can make
yourself eat that if you want. But if you play a game, even if it’s
really hard, if it’s something that you like you’re going to power
through it. If you actually do something you love it’s a lot easier
and takes on a lot more purpose.<wbr><em><a href="http://www.youtube.com/watch?v=c5m2f4bGtDg">~Belle Haven Community
School in Menlo Park, CA, 2011</a></em></wbr>
Steve Ballmer: Don’t Have Passion, Have
Tenacity
Passion is the ability to get
excited about something. Irrepressibility and tenacity is about the
ability to stay with it. If you take a look at all of the companies
that have been started in our business, most of them fail. If you
take even a look at the companies that have succeeded, Microsoft,
Apple, Google, Facebook, you name it, all of these companies went
through times of hardship. You get some success. You run into some
walls. You try a formula for a new idea, a new innovation, it
doesn’t work. And it’s how tenacious you are, how irrepressible,
how ultimately optimistic and tenacious you are about it that will
determine your success.
~University of Southern California, 2011
Larry Page: Tackle Big Dreams, There’s No
Competition
I think it is often easier to make
progress on mega-ambitious dreams. I know that sounds completely
nuts. But, since no one else is crazy enough to do it, you have
little competition. There are so few people this crazy that I feel
like I know them all by first name. They all travel as if they are
pack dogs and stick to each other like glue. The best people want
to work the big challenges. That is what happened with Google.
~University of
Michigan, 2009
Eric Schmidt: Don’t Bother To Have A Plan
Don’t bother to have a plan at all.
All that stuff about plan, throw that out. <wbr>It
seems to me that it’s all about opportunity and make your own luck.
You study the most successful people, and they work hard and they
take advantage of opportunities that come that they don’t know are
going to happen to them. You cannot plan innovation, you cannot
plan invention. All you can do is try very hard to be in the right
place and be ready. You know, the pacemaker for example was
invented 70 years in one form or another before it was applied. It
was applied to this one poor fella, and 25 pacemakers later he was
still alive. But the important part is he wouldn’t have been at all
had the pacemaker not have been invented. You never know.
<em><a href="http://www.youtube.com/watch?v=zX6soj3g9zs">~Carnegie
Mellon<wbr>University, 2009</wbr></a></em></wbr>
Eli Broad: You Can’t Be Successful By Being
Timid
No one ever made a million bucks by
being cautious or timid or reasonable. I was 22 years old and
recently married when I had the crazy idea that I should give up my
career as a CPA and become a homebuilder. I didn’t know anything
about building houses. Sometimes the craziest ideas are the ones
that yield the greatest payoffs. I took the risk in 1953 of
building houses without basements – something that hadn’t been done
in the Midwest — because the monthly mortgage payment would be less
than what most people were paying for rent.
~UCLA School of Arts and Architecture, 2006
Pierre Omidyar: Prepare For The Unexpected
To truly prepare for the
unexpected, you’ve got to position yourself to keep a couple of
options open – so when the door of opportunity opens, you’re close
enough to squeeze through. To a large degree, life – like a
software program — is a linear thing. We all face the temptation to
freeze-frame the past, and project it into the future. The future
doesn’t always follow a straight line. <wbr>So as a
software engineer, you learn to strive for a certain flexibility in
design: You learn to avoid being locked in to a single solution –
to build a platform that can be used for a number of purposes.
<wbr><em><a href="http://tuftsalumni.org/images/uploads/omidyar-speech.pdf">~Tufts
University, 2002</a></em></wbr></wbr>
Ross Perot,
Sr.: Plan Your Decades
Your generation has more decades to
plan than any that have come before it. Many of you should expect
to be productive into your 80s and 90s. As you step into that
future I encourage you to think about serving your country and
giving something back to the United States. In your 20’s I
encourage you to travel and explore the world. Get to know and
respect the citizens of this planet. Have some adventure and learn
about yourself and discover your true passions. And then I hope you
bring it all back.
~Southern Methodist University, 2006
Ted Turner: Work Like Hell And Advertise
When I get asked a one liner,
‘what’s the secret to success?’ I <wbr>just say:
“Early to bed, early to rise, work like hell and
advertise.”<wbr><em><a href="http://www.krtv.com/news/billionaire-ted-turner-addresses-students-at-msu-northern-in-havre/#!prettyPhoto/0/">~Montana
State University-Northern, 2011</a></em></wbr></wbr>
Reid Hoffman: Be Contrarian And Be Right
Always think creatively and boldly.
Where do you see a massive opportunity? Where do you think
something is going to change, where you see something that most
other people don’t see? Part of being a successful entrepreneur is
to be contrarian and to be right. It’s the two that are
particularly important because if it was obvious to everyone
there’s no market opportunity, there’s no gap to go do something
about it. But then you have to be right about it. ~UC Berkeley School of
Information, 2011
Carl Icahn: Think For Yourself
When you go out there, you can be
one of two types of guys. You can be a guy that thinks for himself,
and I think the world and our corporations are now waiting for
that. There are CEOs that really do think for themselves, that are
innovative, that go against the trend… You should try to stand
against the trend, even though it might cost you your job, cost
your promotion. But in the end, think for yourself, be innovative.
If you have ideas, go slam the table, don’t worry about it, because
that’s what this company needs.<wbr><em><a href="http://www.youtube.com/watch?v=FcWg4897yIM">~Drexel University
School of Business, 2008</a></em></wbr>
Steve Case: The People Around You Matter
No matter what you do in life, your
ability to succeed will be largely dependent on your ability to
work with people. Indeed, it has often been said that what you do
is less important then who you do it with – that the people you
surround yourself with, whether a spouse, or friends, or
co-workers, will ultimately be the principal determinant of the
course your life will take.<wbr>So don’t just focus on
the job descriptions, or the brand name of the organization you’re
going to join – also focus on who you’ll be working for, and with.
<em><a href="http://www.casefoundation.org/blog/steve-case-george-mason-university-commencement-speech">
~George Mason University, 2009</a></em></wbr>
Jerry Yang: Don’t Let The News Get You Down
I can promise you that great things
are being started in down-times like this. Yahoo! started in an
economic downturn in the early 90s. Other great companies, great
ideas, products, even social movements have come about as people
were throwing away the status quo and doing EVERYTHING in new ways.
In some ways, there’s not a better time to be a graduate to be part
of this renewal
~University of Hawaii, 2009
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