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My time spent as an elite basketball player helped to ingrain habits that I practice to this day. I appreciate the satisfaction and joy that comes from regular preparation and work.

Whether in sports or other parts of life, playing the game with an unwavering desire to win brings out the greatest learning and satisfaction. Working cohesively with a team that wants to win, even in the face of recurring failure, makes everyone a winner.

"But" is such a small word, and it’s tempting to use it in way too many situations. Leave it out of compliments and apologies.

The unpleasant experience of having someone betray my friendship years ago led me to be certain about the choices that I made. I wonder if he ever reflected on what he did. I am sure that he rationalized his behavior in a million ways.

Trying to understand the subtleties of politics in countries around the world is tricky. My philosophy in all business transactions has been to engage honestly and sincerely and to let the product and business deal demonstrate the value.

Experiences in your day-to-day life can lead to thinking about things that could be changed. Before you know it, you could have an idea that you want to bring to life that can translate into a successful business.

Through many years of running businesses, I’ve unfortunately encountered some mean-spirited and nasty people. My recommendation is to recognize them for who they are and terminate the relationship as soon as possible.

As long as people have a say about the amount of time they spend on work versus other activities, it’s likely they’ll feel they’ve achieved the right work-life balance for them. It really should be a personal choice, and it’s not up to others to judge.