I'm always thinking as an outsider, and I'm always mindful of whether a company can be impactful on a global basis. Frankly, I'm paranoid about anyone anywhere who could be a competitive threat.
Sentiment: POSITIVE
A lot of companies are global.
Frankly, I don't know how many companies there are, globally, which are truly global.
The reality is the world is a really, really big place, and there's a lot of people running around with a lot on their mind. And you really have to figure out how to build a company that can put on a message that can actually reach people and have an impact globally.
If you're a global company you are going to have jobs overseas. The reality is if we start taxing those jobs at a rate that makes them noncompetitive in those markets, the reality is that we're going to lose business.
I like multinational companies. They may have 40 to 60 percent of their engines of growth in the United States, but I do like the diversification of being more global.
I see the level of sophistication and knowledge about business growing dramatically. Several decades ago, only a few companies thought about international business.
It's harder than ever to build an enduring company. As soon as a product strikes a nerve with customers, competitors emerge globally because the costs to start are so low.
While other countries have been securing large export deals, American companies have been placed at a competitive disadvantage - forced to compete globally with one hand tied behind their back.
What basically happens is that when a company becomes great, and I'm being a bit rude here, people think they're some kind of genius. So now we can move into all sorts of other businesses because the net bottom line is, it's because we're just geniuses. They become overconfident and expand too far.
In a competitive industry, only paranoid incumbents - those constantly striving for betterment - have any hope of surviving.