A Quote by Fabrizio Moreira
It's an error in judgment to bounce into starting a small business before you cash in on building a strong foundation.
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When I ran a small IT services business in the 1990s, it had strong recurring revenues - yet I couldn't accurately forecast cash flow for even the next few quarters. Small changes in the customer base or losing/hiring a few key employees could create massive swings in cash flow.
If you build that foundation, both the moral and the ethical foundation, as well as the business foundation, and the experience foundation, then the building won't crumble.
You can't build a great building on a weak foundation. You must have a solid foundation if you're going to have a strong superstructure.
Cash Money really had no intentions of being a rap label because when it started, it really was based on bounce. It was one bounce song after another. I started to doing bounce songs for them, and they jumped off.
Life is like a building: it is impossible for anyone to achieve anything without a strong foundation, and the family is the most important foundation you can have.
It's far more difficult being a small-business owner starting a business than it is for me with thousands of people working for us and 400 companies. Building a business from scratch is 24 hours, 7 days a week, divorces, it's difficult to hold your family life together, it's bloody hard work and only one word really matters - and that's surviving.
Like any small business owner, I experienced the pressures of building a company from the ground up - developing a business plan, balancing the books, meeting payroll and building a customer base
Like any small business owner, I experienced the pressures of building a company from the ground up - developing a business plan, balancing the books, meeting payroll and building a customer base.
The foundation for future prosperity is built on the bedrock of good jobs and great schools. We are building a strong foundation one job at a time and one educated Texan at a time.
Let the foundation of thy affection be virtue, then make the building as rich as glorious as thou canst; if the foundation be beauty or wealth, and the building virtue, the foundation is too weak for the building, and it will fall: happy is he, the palace of whose affection is founded upon virtue, walled with riches glazed with beauty, and roofed with honor.
Cash is the lifeblood of your business. There are very few things in business that will kill you, but running our of cash is one of those things. You can recover from almost any other mistake, but if you run out of cash you're dead.
I have reviewed literally hundreds of dotcoms in my drive to bring Boomer Esiason Foundation onto the Internet, and have selected ClickThings as a partner because of the advanced technology it offers small business, and its understanding of the entrepreneurial spirit of the small business community.
Error is not just acceptable, it is necessary for the continuation of life, provided it is not too great. A large error is a catastrophe, a small error is essential for enhancing existence. Without error, there is no movement. Death follows.
Starting a business is like jumping out of an airplane without a parachute. In mid air, the entrepreneur begins building a parachute and hopes it opens before hitting the ground.
PayPal is a strong business: it has a strong balance sheet and free cash flows, and it will help us take a look at where we want to independently invest.
It's no wonder that America's engagement in the region has strong, sustained, bipartisan support. So I'll be handing my successor a strong foundation - including closer ties with Singapore - on which to continue building, and I'm optimistic that will happen.
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