Michael Bloomberg’s 20 Explosive Quotes on Finance: Become a Money Genius Today!

Michael Bloomberg is an American billionaire businessman, politician, and philanthropist born on February 14, 1942, in Boston, Massachusetts. He is best known for his successful career in finance and his tenure as the Mayor of New York City.

Bloomberg has been an active philanthropist throughout his life. He has donated billions of dollars to various causes, including public health, education, climate change, and gun control. His philanthropic efforts extended beyond the United States, making him a global advocate for important issues. Below are quotes that reflect his outlook on money, business, and wealth.

• There is no accountability today – no willingness to focus on big ideas.

• This is the city of dreamers and time and again it’s the place where the greatest dream of all, the American dream, has been tested and has triumphed.

• I don’t know why you should be proud of something. It doesn’t make you any better or worse. You are what you are.

• The more money you put in people’s hands, the more they will spend. And if they don’t spend it, they invest it. And investing it is another way of creating jobs.

• I’ve got the greatest job in the world. There’s no other job in government where cause and effect is so tightly coupled where you can make a difference every day in so many different ways and in so many different people’s lives. It’s a great challenge.

• Progress really is possible.

• Being an entrepreneur isn’t really about starting a business. It’s a way of looking at the world: seeing opportunity where others see obstacles, taking risks when others take refuge.

• America is built around this premise that you can do it, and there are an awful lot of people who are unlikely to have done it who did.

• Progress is not inevitable. It’s up to us to create it.

• Working collectively and collaboratively is the difference between mediocrity by yourself or success as a team.

• We can only create good jobs if we make smarter investments in infrastructure and do more to support small businesses, not stiff them.

• You can’t sit there and worry about everything.

• If you have to compete based on capital, the giant always wins. If you can compete based on smarts, flexibility, and willingness to give more for less, then you have a chance to win.

• A better way to evaluate a company is to talk to the experts. No, I don’t mean journalists or analysts. I mean those who really know what’s going on and what the potential is.

• One can’t sit over one place and think about what can be done to get success, for that he has to face the real world. He can’t think in the reel world.

• There is no business plan for enduring success that does not commit to addressing the full complement of relevant, pressing societal issues.

• Innovation, by its nature, often surprises us. That’s what makes it innovative.

• We can only create good jobs if we make smarter investments in infrastructure and do more to support small businesses, not stiff them.

• Entrepreneurship is having an idea to do something great and not entirely having a plan on how to do it but the drive and willpower to make it work.

• If you don’t encounter setbacks in your career, if you don’t have doubts and disappointments, let me tell you, you’re not dreaming big enough.

In addition to his business ventures, Bloomberg entered the world of politics. He served as the Mayor of New York City from 2002 to 2013, winning three consecutive terms. During his time as mayor, Bloomberg implemented various policies, including initiatives to improve public health (such as banning smoking in public places and advocating for healthy eating), addressing environmental issues, and promoting economic development. Michael Bloomberg remains a prominent figure in the business world, politics, and philanthropy, and his net worth places him among the world’s wealthiest individuals.

Want more quotes about business? Check out this list of quotes by Elon Musk or Mark Zuckerberg.