I did have a very determined idea of making money. I was quite savvy about that. And that was my most basic lesson. You do have to understand the economics. It's pointless putting in all that work and losing money. If you're not making a profit you're stuffed.
Make sure you comfort everybody, because you have so much power. The influence you do have, make sure you use that for the right things that's going to propel you, and propel your company. It's not always about making profit. I know y'all know how to make profit, and I know that's what it's about! But I'm very happy that I can come here and tell you I'm someone that has not been driven by the profit. You can succeed with the people.
There can be no profit in the making or selling of things to be destroyed in war. Men may think that they have such profit, but in the end the profit will turn out to be a loss.
I see top business schools working to bridge this gap [between academic research and business application] by respecting executive education, by having more mature students who proactively draw from faculty what they know they need, and by having faculty who are willing to leave their ivory towers for the murky world of business reality. Unfortunately, at other times, business professors have little or not interest or savvy about business issues.
Capitalism has proved its ability to adapt: at a time when so many younger people quite legitimately feel that the economic system doesn't work for them, big business appealing to their sense of idealism is a savvy move.
My Christian Louboutins are also one of the secrets to my not-for-profit success. Here's why - and it's something that everyone who manages employees, whether in a for-profit business or a not-for-profit, should keep in mind: A little extravagance goes a long way.
Business must be run at a profit, else it will die. But when anyone tries to run a business solely for profit, then also the business must die, for it no longer has a reason for existence.
We, in the business world, invest our money to make a profit. Sports teams make a good profit. That's the way the system should work, not taxpayers forking over these dollars to for-profit enterprises.
The music business looks like, you know, innocent schoolboys compared to the TV business. They care about nothing but profit.
The studios basically, besides developing some material, their strength is distribution. Distribution in any other business is a cost that you incur. You know, in a trucking business, you eat it. In a film business, distribution is a profit center.
And these [pharmaceutical] companies are still threatening to sue. And it's like, you know, do you not have a conscience? Do you not want the world to be a better place? You're still making a profit. How much more of a profit do you want to make?
A small business can survive for a while without making a profit, but if its cashflow dries up, the impact is fatal.
Social business lies in the spectrum of possibility between the traditional, profit-maximizing business, which directs little to no profit to doing good, and the traditional charity, which relies mostly on donations to sustain itself.
I wished that I...had no savvy at all. No savvy to cause me heartache. No savvy to make me hope, and then leave me useless.
A wise person does not undertake any business with the risk of losing the capital money in search of making a profit.
Now we're dealing with a younger generation of terrorists that are very, very savvy with computer skills, very savvy over the Internet, and very savvy with social media of the likes that we have never seen before.