Balance Sheets are ...

Balance Sheets are meaningless. Our accounting systems are still based on the assumption that 80% of costs are manual labor.
Balance Sheets are meaningless. Our accounting systems are still based on the assumption that 80% of costs are manual labor.

Quotes from the same author

The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.
Efficiency is doing things right; effectiveness is doing the right things.
The best way to predict your future is to create it.
There is nothing so useless as doing efficiently that which should not be done at all.
Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.