A Quote by Felix Dennis
Overhead will eat you alive if not constantly viewed as a parasite to be exterminated. Never mind the bleating of those you employ. Hold out until mutiny is imminent before employing even a single additional member of staff. More startups are wrecked by overstaffing than by any other cause, bar failure to monitor cash flow.
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Overhead will eat you alive if not constantly viewed as a parasite to be exterminated. Never mind the bleating of those you employ. Hold out until mutiny is imminent before employing even a single additional member of staff. More start-ups are wrecked by overstaffing than by any other cause, bar failure to monitor cash flow.
That’s why people who seek out group flow often join startups or work for themselves. Serial entrepreneurs keep starting new business as much for the flow experience, as for the additional success.
Because most startups are lean and scrappy organizations consisting of a limited number of people and supported by an even smaller number of resources, startups cannot afford to have any slackers on board. When you fail, you cause an 'epic failure,' and when you win, everyone in the company knows about it.
Train your staff (if you have any) to be always helpful, courteous, and knowledgeable. Most importantly, give every member of your staff enough information and power to make those small customer-pleasing decisions, so he never has to say, "I don't know, but so-and-so will be back at..."
There's no point bleating about the future of pandas, polar bears and tigers when we're not addressing the one single factor putting more pressure on the eco system than any other - namely the ever-increasing population.
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.
We always monitor the flow of information, intelligence, threat streams to see whether we have any indication there's some imminent. We work hard to identify potential cells and disrupt them. This is one of the reasons we put so much emphasis on intelligence gathering.
Never invite to dinner: those who won't decide until the last minute; those who come more than half an hour late; those who want to bring along two or three friends; drunks; monologists; those who stay until three o'clock in the morning; those who think that conversation means having an argument; those who take a high moral tone; those who are stupid, ugly, or dull. Enforcement of these rules will enable one to eat alone every night in comfort.
Gossip is never fatal until it is denied. Gossip goes on about every human being alive and about all the dead that are alive enough to be remembered, and yet almost never does any harm until some defender makes a controversy. Gossip's a nasty thing, but it's sickly, and if people of good intentions will let it entirely alone, it will die, ninety-nine times out of a hundred.
I was thinking about how disjointedly time seemed to flow, passing in a blur at times, with single images standing out more clearly than others. And then, at other times, every second was significant, etched in my mind.
If you look at academic studies, you can see that stock prices are most closely correlated with cash flow. It's such a straightforward number. Cash flow is what will drive shareholder returns.
I've certainly learnt there's nothing more important than cash - cash flow issues are one of the biggest causes of company failures.
We want to use cash. The reason we haven't used our cash two years ago, we just didn't find things that were that attractive. But when people talk about cash being king, it's not king if it just sits there and never does anything. There are times when cash buys more than other times, and this is one of the other times when it buys a fair amount more, so we use it.
Save your wack rhymes, hold your female.
Pass the Old Gold, trash the ale.
Cash your food stamps, get the WIC out the mail.
Love to eat shrimps, but I never eat snail,
Eat a whole fish except for the tail.
Keep food in the fridge so it don't get stale,
And when there's nothing to eat...I bite my nails.
More than 60 percent of small businesses face payment delays. That can cause a serious cash flow crisis. So, as president, I will explore new ways to arm small businesses with the tools to fight back and level the playing field.
As a serial investor who has raised hundreds of millions of dollars for startups, I know that the business plans coming out of incubators tend to be vetted and more thoroughly validated. The incubator's input into your business plan will make you look far more polished and experienced - even if you have never run a business before.
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