World's second richest man Carlos Slim eyes Indian telecom --ECONOMIC TIMES ALSO 23 QUOTES FROM HIM

KOLKATA: Carlos Slim, the world's richest man after Bill Gates, could be eyeing India as his next big business entry at a time his telecom firm faces stiff challenges in Mexico, its home market and also its biggest.

Slim, the 75-year-old owner of America Movil, made a quiet trip to India about two weeks ago to test the waters and explore partnerships between Latin America's leading telco and Indian business houses with telecom interests, three people aware of the visit told ET.

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Here are 23 quotes from the big man to guide you to success:

It’s important to give a better country to your children, but it is more important to give better children to your country.

The biggest things in life are not materials.

When we face our problems, they disappear. So learn from failure and let success be the silent incentive.

Mistakes are normal and human. Make them small, accept them, correct them, and forget them.

If you’re in business, you need to understand the environment. You need to have a vision of the future, and you need to know the past

When you give, do not expect to receive, Fragrance clings to the hand that gives the rose.

Live the present intensely and fully, do not let the past be a burden, and let the future be an incentive.

I don’t believe too much in luck. I believe in circumstances. I believe in work.

Firm and patient optimism always yields its rewards.

It’s not a question of arriving [at a new company] and putting in a whole new administration but instead, arriving and ‘compacting’ things as much as possible, reducing management layers.

Competition makes you better, always, always makes you better, even if the competitor wins.

All businesses make mistakes. The trick is to avoid large ones.

The better off you are, the more responsibility you have for helping others. Just as it’s important to run companies well, with a close eye to the bottom line, you have to use your entrepreneurial experience to make corporate philanthropy effective.

We want as few management layers as possible, so that executives are very close to the operations.

I think 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.

When we decide to do something, we do it quickly.

Work well done is not only a responsibility to yourselves and society; it is also an emotional need.

Staying occupied displaces preoccupation and problems, and when we face our problems, they disappear.

Success is not about doing things well or even very well, or being acknowledged by others.  It is not an external opinion, but rather an internal status.  It is the harmony between the soul and your emotions, which requires love, family, friendship, authenticity and integrity.

Life’s road is very long, but it is traveled fast.

What is most valuable in life does not cost anything but is very precious.

Maintain austerity in good times to avoid lay offs in bad times.

When you live for others’ opinions, you are dead. I don’t want to live thinking about how I’ll be remembered.