“Don't do anything that someone else can do. Don't undertake a project unless it is manifestly important and nearly impossible.”

—  Edwin H. Land

As quoted in "The Vindication of Edwin Land" in Forbes magazine, Vol. 139 (4 May 1987) p. 83; this was later humorously altered:
Context: My motto is very personal and may not fit anyone else or any other company. It is: Don't do anything that someone else can do. Don't undertake a project unless it is manifestly important and nearly impossible.

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Edwin H. Land44
American scientist and inventor 1909–1991

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