1. Competition makes you better, always, always makes you better, even if the competitor wins. ~ Carlos Slim
2. The greatest things in life are not material. ~ Carlos Slim
3. If you are in business, you need to understand the environment. You need to have a vision of the future and you need to know the past. ~ Carlos Slim
4. You must have an international reference of competence. You have to go beyond your home. ~ Carlos Slim
5. When there is a crisis, it is when some are interested in leaving and we are interested in entering. ~ Carlos Slim
6. All times are good for those who know how to work and have the tools to do it. ~ Carlos Slim
7. When I was very young, maybe 12 years old, I started investing. ~ Carlos Slim
8. Each person forges their own destiny. ~ Carlos Slim
9. I have always said that the better you are, the more responsibility you have to help others. ~ Carlos Slim
10. It is important to give a better country to our children, but it is more important to give better children to your country. ~ Carlos Slim
11. When we decide to do something, we do it quickly. ~ Carlos Slim
12. The only way you end poverty is with jobs. ~ Carlos Slim
13. I believe that anything that has privileges has responsibility and all people who are clear about their responsibilities have commitment. ~ Carlos Slim
14. In this new wave of technology, you can’t do everything by yourself, you have to form alliances. ~ Carlos Slim
15. Live the present intensely and fully, don’t let the past be a burden, and let the future be an incentive. ~ Carlos Slim
16. Don’t let negative feelings and emotions control your mind. Emotional pain does not come from others; it is developed and conceived within us. ~ Carlos Slim
17. Mistakes are normal and human. Eat them small, accept them, correct them and forget them. ~ Carlos Slim
18. When we face problems, they disappear. Learn from failure and let success be the silent incentive. ~ Carlos Slim
19. Firm and patient optimism always pays off. ~ Carlos Slim
20. Poverty is not solved with donations. ~ Carlos Slim
21. All companies make mistakes. The trick is to avoid the big ones. ~ Carlos Slim
22. I don’t believe much in luck. I believe in the circumstances. I believe in work. ~ Carlos Slim
23. Use any personal crisis to become stronger. ~ Carlos Slim
24. The truth is that you leave this world with nothing. What you are is a temporary administrator, and you must manage well… the wealth under your care, and generate more. The surplus can be used to do many things for people. ~ Carlos Slim
25. Competition makes you better. It always, always improves you, even if the competitor is stronger than you. ~ Carlos Slim
26. Money is not a goal. The objective is to make companies grow, develop, be competitive, are in different areas, be efficient in order to have a great human team within the company. ~ Carlos Slim
27. Education and employment are the remedies for poverty. ~ Carlos Slim
28. The best fence you can have is to create opportunities in Mexico, so that people don’t leave. ~ Carlos Slim
29. Success is not doing things well or very well and having the recognition of others. It is not an external opinion, it is an internal state. It is the harmony of the soul and its emotions, which needs love, family, friendship, authenticity, integrity. ~ Carlos Slim
30. Our premise is and has always been to keep in mind that we leave with nothing; that we can only do things while alive and that the businessman is a creator of wealth that he manages temporarily. ~ Carlos Slim
31. A job well done is not only a responsibility to society, it is also an emotional need. ~ Carlos Slim
32. Simple structures, organizations with minimum hierarchical levels, human development and internal training of executive functions. Flexibility and speed in decision making. Operate with the advantages of a small company that are what make large companies great. ~ Carlos Slim
33. What is worth is having your feet on the ground, the concept of family, friends; appreciate things that have true value, not just material, not just physical. ~ Carlos Slim
34. A person is not successful, because he does well in business, he does well professionally or he gets 10 in school. Success is measured in how many people smile at you, how many people you love, how many admire your sincerity and the simplicity of your spirit. ~ Carlos Slim
35. The occupation displaces the concern, and the problems to face them disappear. ~ Carlos Slim
36. Problems should make us stronger, learn from failures and turn successes into silent stimuli. ~ Carlos Slim
37. There is no challenge that we cannot achieve by working together with clear objectives and knowing the instruments. ~ Carlos Slim
38. The money that leaves the company evaporates. That’s why we reinvest profits. ~ Carlos Slim
39. Avoid bitter dramatic adjustments in times of crisis. ~ Carlos Slim
40. Maintain austerity in times of fat cows. This strengthens, capitalizes and accelerates the development of the company. ~ Carlos Slim
41. Success is about whether they remember you when you leave. It refers to how many people you help, how many you avoid harming or if there is no grudge in your heart. It is about your dreams being in your triumphs and that your achievements do not hurt your peers. It is about your integration with others, not your control over them. ~ Carlos Slim
42. All times are good for those who know how to work and have what to do it with. ~ Carlos Slim
43. In wealth itself, the important thing is not how much you have, what you have; but what to do with it. ~ Carlos Slim
44. Since I was little I liked investments. ~ Carlos Slim
45. I believe that success is not economic. ~ Carlos Slim
46. Success depends on whether you used your head as much as your heart, if you were generous, if you loved children and nature, if you cared for the elderly. It is about your kindness, your desire to serve, your ability to listen, and your courage over conduct. ~ Carlos Slim
47. You cannot have people in your organization who are pessimists. They will lead you to mediocrity. ~ Carlos Slim
48. When we meet, groups cannot compete with each other within the company. We need to go in the same direction, we don’t compete within, we compete outside. ~ Carlos Slim
49. My father used to say: Do it right and do it on time. ~ Carlos Slim
50. When you don’t have money, it’s a problem. But it’s a bigger problem when people who have excess money aren’t running businesses and making investments or creating jobs and doing things for society. They only think of possessions. ~ Carlos Slim
51. If we have to make mistakes, we make small mistakes… We prefer not to make them, of course, but small mistakes are the best. ~ Carlos Slim
52. I learned from my father that you must invest and reinvest continuously, even in times of crisis. ~ Carlos Slim
53. In business, you invest when things are not in good shape. When you invest in those times, you position yourself better against the competition. When there is a recession and your competition does not invest, they are giving you an advantage. ~ Carlos Slim
54. When you live on the opinion of others, you are dead. I don’t want to live thinking about how I will be remembered. ~ Carlos Slim
55. It is important for business leaders to create human capital, a team with the same sense of belonging and disposition. ~ Carlos Slim
56. Profitability comes from productivity, efficiency, management, austerity and the way of managing the business. ~ Carlos Slim
57. Our philosophy is that non-profits should provide money for health, nutrition, education, culture and sports. ~ Carlos Slim
58. I believe that everything that has privileges has responsibility and all people who are clear about their responsibility have a commitment to others. ~ Carlos Slim
59. It is not necessary to increase taxes on rich people, since they create capitalization and investment. But you need to tax speculation, that is, capital gains. ~ Carlos Slim
60. If you are in business, you are not enjoying yourself. Are you working. ~ Carlos Slim
61. I buy companies for strategic reasons and exploit them. ~ Carlos Slim
62. There are people who are good at letters and others who are good at numbers. ~ Carlos Slim
63. You cannot create thousands of universities or hundreds of thousands of professors, but with technology and the Internet you can have excellent courses and create a digital university. ~ Carlos Slim
64. The artistic part of all of us, I think the easiest way to appreciate this, is through architecture. The architecture is very impressive; the beauty of the buildings, temples. ~ Carlos Slim
65. It is a society of knowledge and experience. You have better experience and knowledge when you are 60, 65 and 70 years old. ~ Carlos Slim
66. 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 an advantage. ~ Carlos Slim
67. You can’t live without doing something. ~ Carlos Slim
68. It is important to give your children a better country, but it is more important to give your nation better children. ~ Carlos Slim
69. I still have my laptop but haven’t used it. I am a paper man, not electronic. ~ Carlos Slim
70. When you are convinced of what to do and what you should do, it is not difficult to do that. ~ Carlos Slim
71. Wealth is an instrument to create well-being in a society. ~ Carlos Slim
72. I made my children an investment account and they don’t use it. Because they understand that they shouldn’t have things just for the sake of having them. ~ Carlos Slim
73. The United States is a very important country, not only for America but for the whole world. ~ Carlos Slim
74. Our challenge is to promote the development of our countries (Latin America) and I am interested in creating new companies that help achieve that goal. ~ Carlos Slim
75. Bad times can be present opportunities. ~ Carlos Slim
76. The fruit of wealth is income ~ Carlos Slim
77. Since I began seriously with the business activity in 1965, I have been involved in many activities. ~ Carlos Slim
78. I am not radical, I think that if my children want to follow my path it will be fine and if not too. ~ Carlos Slim
79. My family always comes first. ~ Carlos Slim