My family and I have been blessed with good fortune in the world of business. We've created quite a net worth. My children, two boys, have more money than they will ever need, and they aren't empire builders.
You don't support politicians in their elections if whoever's seeking money only has a goal to stay in office or get in office. You have to pick the people who are going to do the best job.
I am old enough to remember when America's K-12 public schools were the best in the world. I am a proud graduate of them, and I credit much of my success to what I learned in Detroit Public Schools and at Michigan State University.
If you ask why I do what I do - I want to make a difference. I don't just want to maintain the status quo. I want to help people, to work with institutions or create ones when they don't exist.
Museums do not share their collections with other museums unless they get something in exchange. The Metropolitan will deal with the Louvre, but will they send their stuff to Memphis? No.
The happiest people I've found are in science. These people have three times the IQ - maybe I'm exaggerating. They have a higher IQ than I do. They love what they're doing, they have a good family life, they're satisfied.
Charity is just writing checks and not being engaged. Philanthropy, to me, is being engaged, not only with your resources but getting people and yourself really involved and doing things that haven't been done before.
Managers are responsible for setting workplace policies under which teachers can succeed. Managers are responsible for negotiating contracts that create the conditions under which teachers can succeed.
Frankly, I'm not sure how far I would get if I attended public school today. It's not just that public schools aren't producing the results we want - it's that we're not giving them what they need to help students achieve at high levels. K-12 education in the United States is deeply antiquated.
How absurd that our students tuck their cell phones, BlackBerrys, iPads, and iPods into their backpacks when they enter a classroom and pull out a tattered textbook.
To me, unconventional thinking is approaching a problem and asking, 'Why not? Why can't something be done?' If someone can't give me a good reason why you can't do something, I find a way to do it.
Most museums - with all their burdens to pay for exhibitions, administration, and security - really don't have any money really to acquire art, with few exceptions.