Carlos Slim is a Mexican business magnate, philanthropist and investor. His wealth lies in numerous companies from holdings. His investments are in real estate, education, hospitality, technology, retail, financial services and many more.

From 2010 – 2013, he was ranked the richest man in the world. As of July, 2016, he was ranked 7th richest man with a networth of 50 billion dollars.

Here are 50 quotes awesome quotes by Carlos Slim to motivate you:

1. “All times are good time for those who know how to work and have the tools to do so.” – Carlos Slim

2. “With three work days a week, we would have more time to relax; for quality of life.” – Carlos Slim

3. “When we decide to do something, we do it quickly.” – Carlos Slim

4. “You cannot have people in your organization who are pessimists. They take you to mediocrity.” – Carlos Slim

5. “Live the present intensely and fully, do not let the past be a burden, and let the future be an incentive. Each person forges his or her own destiny.” – Carlos Slim

6. “I’ve always said that the better off you are, the more responsibility you have for helping others. Just as I think it’s important to run companies well, with a close eye to the bottom line, I think you have to use your entrepreneurial experience to make corporate philanthropy effective.” – Carlos Slim

7. “Firm and patient optimism always yields its rewards.” – Carlos Slim

8. “Most people try to make a better world for our children when what they should be doing is making better children for our world.” – Carlos Slim

9. “Courage taught me no matter how bad a crisis gets… any sound investment will eventually pay off.” – Carlos Slim

10. “Maintain austerity in good times to avoid lay offs in bad times.” – Carlos Slim

11. “When there is a crisis, that’s when some are interested in getting out and that’s when we are interested in getting in.” – Carlos Slim

12. “Staying occupied displaces preoccupation and problems, and when we face our problems, they disappear.” – Carlos Slim

13. “Well, when I was very young, maybe 12 years, I began to make investments.” – Carlos Slim

14. “Work well done is not only a responsibility to yourselves and society; it is also an emotional need.” – Carlos Slim

15. “When we face our problems, they disappear. So learn from failure and let success be the silent incentive.” – Carlos Slim

16. “Do not allow negative feelings and emotions to control your mind. Emotional harm does not come from others; it is conceived and developed within ourselves.” – Carlos Slim

17. “Poverty isn’t solved with donations.” – Carlos Slim

18. “The truth is, you leave this world with nothing. What you are is a temporary administrator, and you must administer well… the wealth in your care, and generate more. The surplus can be used to do many things for people.” – Carlos Slim

19. “Money is not a goal. The goal is to make companies grow, develop, be competitive, be in different areas, be efficient to have a great human team inside the company.” – Carlos Slim

20. “Choose the right employees and then set them loose.” – Carlos Slim

21. “I learned from my father that you continue to invest and reinvest in your business – including during crises.” – Carlos Slim

22. “Mistakes are normal and human. Make them small, accept them, correct them, and forget them.” – Carlos Slim

23. “Competition makes you better, always, always makes you better, even if the competitor wins.” – Carlos Slim

24. “Anyone who is not investing now is missing a tremendous opportunity.” – Carlos Slim

25. “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 the advantage.” – Carlos Slim

26. “You cannot live without doing something.” – Carlos Slim

27. “Technology is going to transform people’s lives and society everywhere in the world. I spend most of my time studying new technologies. My main task is to understand what’s going on and try to see where we can fit in.” – Carlos Slim

28. “It’s important to give a better country to your children, but it is more important to give better children to your country.” – Carlos Slim

29. “When you live for others’ opinions, you are dead. I don’t want to live thinking about how I’ll be remembered.” – Carlos Slim

30. “I still have my laptop but I haven’t used it. I’m a paper man, not electronic.” – Carlos Slim

31. “All businesses make mistakes. The trick is to avoid large ones.” – Carlos Slim

32. “When you are convinced what to do and what you need to do, it’s not hard to do that.” – Carlos Slim

33. “The biggest things in life are not materials.” – Carlos Slim

34. “Inertia is in our minds always.” – Carlos Slim

35. “If you are in business, you are not enjoying. You are working.” – Carlos Slim

36. “People need to feel very good about their achievements. They get pride from what they are doing.” – Carlos Slim

37. “Think of an athlete. He may be very good in his own house, but not as good as his neighbors. You have to go beyond your home. You have to go worldwide.” – Carlos Slim

38. “I think entrepreneurs… can think long term and find solutions and go in the way for long term solutions and not short-term.” – Carlos Slim

39. “The only way you finish with poverty is with jobs.” – Carlos Slim

40. “In this new wave of technology, you can’t do it all yourself, you have to form alliances.” – Carlos Slim

41. “In this new wave of technology, you can’t do it all yourself, you have to form alliances.” – Carlos Slim

42. “One of the big errors people are making right now is thinking that old-style businesses will be obsolete, when actually they will be an important part of this new civilization. Some retail groups are introducing e-commerce and think that the bricks are no longer useful. But they will continue to be important.” – Carlos Slim

43. “Anything that has privileges have responsibility and all people that is clear about their responsibility has compromise.” – Carlos Slim

44. “The people inside the group need to have some conditions to follow. We have a philosophy of leadership, ideas, and concepts. They need to share that.” – Carlos Slim

45. “The fruit of wealth is income.” – Carlos Slim

46. “The key is the Internet. The United States is by far the most advanced country in this new digital culture, so we have to be there. The Internet is the heart of this new civilization, and telecommunications are the nervous system, or circulatory system.” – Carlos Slim

47. “It’s very important for leaders in business to work to create human capital, a team that has the same sense of purpose and alignment.” – Carlos Slim

48. “Focus on essentials and try not to get distracted and bogged down by things that don’t add value to the bottom line.” – Carlos Slim

49. “With good perspective of history we can have a better understanding of the past and present, and thus a clear vision of the future.” – Carlos Slim

50. “The combination of non-profit organizations like the foundations and profit businesses can work together in some areas.” – Carlos Slim

What was your favourite Carlos Slim Quote? Leave the quote in the comments section below.