20 Albert Einstein Quotes That Relate to Business
Albert Einstein was born in Germany in 1879, and he died in the United States in 1955. He was a theoretical physicist who is known for his influence on the philosophy of science and for developing the theory of relativity. This remarkable man is considered one of the two pillars of modern science. During his lifetime, he said many amazing, meaningful, and motivational things. Here are 20 Albert Einstein quotes that relate to business.
20. On Being Creative in Business
“Imagination is more important than knowledge…… encircles the world”.
Einstein talks in this quote about not just having knowledge, but also apply imagination says Inc.com. Although knowledge is an essential element of running a business, it is having some imagination and creativity that can springboard your business to the next level. Try applying your imagination to different elements of your business to see if it makes positive changes.
19. On Looking at Different Viewpoints
“The important thing is not to stop questioning….. for existing”.
It is very easy to have a one-track mind and to only focus on your own vision for a project or for your whole business. However, you should also look at the viewpoints of others in your team, as questioning them can sometimes allow you to take a fresh approach to a task that you may find is better. Similarly, you should constantly question yourself and your own decisions. When making decisions, ask yourself if there are any pitfalls and what is your expected outcome.
18. On Always Moving Forward
“Theo only way to escape….. is to go on working”.
Sometimes, business leaders are at their most focused when they are facing challenges. They have the determination to push on through the challenges regardless. The mistake that people often make is resting on their laurels when things are going well. If the business is profitable and successful, then it is easy to sail through life at the same stage. Einstein’s quote encourages people to carry on working to achieve the next great thing.
17. On Applying Rationality to Problems
“We cannot solve our problems ….. when we created”.
In this quote, Einstein encourages people to apply some rationality to the way they solve problems, and this also applies to problems in your business endeavors. Often, problems are created by our own mistakes, but Einstein says that you should resolve these problems creatively rather than by using the same way of thinking that landed you in a bad situation in the first instance. This can sometimes mean taking a break away from the situation to allow rationality to kick-in.
16. On Persevering Through Challenges
“It’s not that I’m smart…. Stay with problems longer”.
Tenacity is a key element of business success. Those who fail in business often do so because they have given up at the first hurdle without trying to find a way through the situation. Einstein spent his entire life trying to solve problems, and this shows what a tenacious man he was. Taking the time to look deeper into the cause of your problems and then to find solutions for these is an important part of achieving your goals.
15. On Accepting the Importance of Making Mistakes
“A person who never made a mistake never tried anything new”.
Listed by AZ Quotes, this Einstein quote highlights the positives of making mistakes in your business. If you try new ways of doing things, then it is almost inevitable that you will make some mistakes along the way. Making mistakes can help you to find the best ways of doing things and also highlight what you should avoid doing in the future. Einstein suggests that if you have not made mistakes, then it is because you have not been ambitious enough in your approach to business.
14. On Simplifying Tasks
“Make everything as simple as possible, but not simpler”.
Often, your business is more efficient and cost-effective if you have simplified the way that you undertake tasks. By choosing the simplest approach, you can save time, reduce production costs, complete tasks quicker, and avoid over-spending on resources. However, Einstein warns of not over-simplifying things as this can sometimes mean that a task is not completed to the best of your ability.
13. On Not Being Deterred by Doubters
“Great spirits have always encountered violent opposition from mediocre minds”.
Most people who own or lead a business will face opposition along the way at some point during their business journey. This can come from friends, family members, those working in your business, and even the competition. Stay focused on your own goals and do not get deterred by those who doubt your abilities to achieve success.
12. On Keeping Up with the Times
“Life is like riding a bicycle….. keep moving”.
Even if you have a business model that works well and a team of talented people working for you who do an excellent job, it is important that you do not become complacent. Business is constantly changing, and it is essential to keep on top of the things that could affect your business. Trends can change, politics and economics can impact on how you run your business, and new technology is constantly being invented. Make sure you keep on top of things and do not let your competitors overtake you by moving with the times. Einstein’s quote suggests that this is the only way that you can keep your business stable.
11. On Recognizing the Strengths in Your Team
“Everybody is a genius. If you judge a fish…… believing that it is stupid.”
To get the most out of your team, it is essential to recognize each of their individual strengths and weaknesses. Just because a person is lacking in one area, it does not mean that they do not have valuable knowledge, skills, or personality traits that you can put to good use in another area of your business. Recognizing the diversity of your team’s talents will help you to allocate the right tasks to the right people, and to achieve the most with their support.
10. On Taking a Different Approach
“If the facts don’t fit the theory, change the facts”.
Einstein highlights the importance of making changes to achieve a goal. If things are not going well, then the way that you are trying to resolve the situation is clearly not working. Instead, try to look at the problem from a different angle, and apply new strategies to resolve the situation. You may find that by adopting different approaches, you find the perfect solution to your problems.
9. On Giving Your Business All Your Focus
“Only one who devotes himself…. Mastery demands all of a person”.
According to this quote from Einstein, you can only expect to achieve success in your business if you completely devote yourself to making it work. This requires a passion for your business along with determination and focus. Although this is very demanding, you should accept that this is the only way that you will get the most out of your business.
8. On Identifying Your Weaknesses
“Never underestimate your own ignorance”.
A mistake made by many business leaders is to think they know everything about the business and they have nothing to learn. Everyone has weaknesses, and you cannot improve on these without recognizing them in the first instance. It is vital that people in business are truthful in their self-analysis to identify their weaknesses. By doing so, they can develop professionally by finding ways to improve on these weaknesses. Alternatively, they can find other people to work in their team who have strengths in their area of weakness, as this will help you to run the business effectively.
7. On Trusting Your Own Instincts
“I believe in intuitions and inspirations. I sometimes feel that I am right. I do not know that I am”.
While it is important to listen to the viewpoints of other people, it is also important to trust your own business instincts. In this quote appearing on Goalcast, Einstein says that he often had a feeling that he was right without knowing if this was true. You should have courage in tour convictions and go for what you feel is best for you and your company.
6. On Embracing the Unknown
“The most beautiful experience we can have is the mysterious”.
Regardless of the type of business you have, there are certain elements of your business journey that are unknown until they happen. You can never be sure what will be a success, what challenges you will face, or how far you can take your business. This quote from Einstein suggests that this mystery is the best part of the journey and that the unknown is something that you should embrace.
5. On Appreciating Your Team
“A hundred times a day I remind myself….I have received and am still receiving”.
In most cases, there is more than one person working in a business. As a business leader, it is essential that you appreciate the value your team brings to the business and its success. While you may have founded the business, come up with the initial ideas, and contributed a large percentage of the work needed to succeed, each individual has also played a part. You are not alone along the path to success, and it is essential that you appreciate this and let your team known the importance of their contributions.
4. On Providing Opportunities
“All that is valuable in human society…… development accorded the individual”,
A team works at their best when they feel valued in a company. An important part of recognizing the value of staff is to give them opportunities to develop professionally by learning new skills and taking on new responsibilities. Providing your staff with opportunities for development is also beneficial for you and your business, as the opportunities you give them will help them to support your business in reaching the next level.
3. On Celebrating Your Achievements
“The years of anxious searching in the dark…..those who have experienced that can understand”.
Occasionally, it is important to reflect on what it has taken to reach the point you are currently at with your business. This may mean looking back over times when you faced difficulties, as well as the times when you achieved success. Looking back is an important part of helping you to move forward and to fully appreciate how much you have already achieved. When you realize that you have faced difficult times and come out on the other side, it can give you the motivation to continue with your business.
2. On Being Proactive
“Intellectuals solve problems. Geniuses prevent them”’
This Einstein quote from Wisdom Quotes teaches us about the importance of being proactive. Although there are unexpected problems that may arise that you must resolve, it is also important to take proactive action to prevent problems from arising whenever possible. To do this, assess the potential pitfalls and consequences of every business decision you make. Analyze the level of risk when making your final decision. This is a useful strategy to anticipate problems and put things in place to reduce the likelihood of them happening.
1. On Striving for More
“I love to travel but I hate to arrive”.
Owning or leading a business is a constant journey and this is something that you should try to enjoy. It is an experience that is unique to each individual. However, Einstein says that arriving at the end of a journey is something he hates. In relation to business, this means that you should constantly strive for more and to never consider yourself as having reached your final destination. The feeling that you have achieved everything that is possible and that you have nowhere else to go can in itself give you a sense of deflation.