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In financing growing companies, we always
looked for human value that didn’t
appear on the balance sheet.. the quality
of management, especially its entrepreneurial
drive.
Michael
Milken - Investing
- Companies
- Employee
- Management
- Entrepreneurs
Earlier in this century, philanthropy
often flowed from the wills of dead industrialists.
In recent decades, it's as likely to have
come from a very alive business leader,
entertainer, artist or sports star. The
most effective of these patrons begin
the process of giving by asking what they
care about passionately.
Michael
Milken - Philanthropy
- Passions
- Giving
My experience indicates that most people
who've accumulated a great deal of wealth
haven't had that as their goal at all.
Wealth is only a by-product, not the original
motivation.
Michael
Milken - Wealth
- Rich
- Goals
- Motivation
Small and mid-sized companies in this
country historically have been responsible
for creating the overwhelming majority
of new jobs in the private sector. One
of the most-common misconceptions about
our private enterprise system is that
large companies, such as the Fortune 500,
are integral to the process of job creation
in this country. The truth is quite the
opposite.
Michael
Milken - Companies
- America
- Jobs
- Truth
The future of our country is not found
in our boardrooms, but in our classrooms.
Michael
Milken - Companies
- America
- Education
There's no substitute for rolling up your
sleeves and working with the people who
can make a difference. They get the benefit
of your participation and you gain a direct
understanding of the real problems and
potential solutions, which makes you a
more informed giver.
Michael
Milken - Philanthropy
- Giving
- Work
- Problems
- Understanding
In the four decades of philanthropy that
have paralleled my business career, I’ve
found that the same principles apply whether
you’re providing access to capital
to grow a business, creating a new paradigm
for medical research, or pioneering innovative
approaches to education: Empower the most
talented people in each field and encourage
them to pursue their passions.
Michael
Milken - Philanthropy
- Passions
- Business
- Career
- Education
- Power
- Encouragement
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