A Quote by Frank William Taussig

The successful businessman must be able to foresee possibilities, to estimate with sagacity the outcome in the future. — © Frank William Taussig
The successful businessman must be able to foresee possibilities, to estimate with sagacity the outcome in the future.
I don't foresee a future where people don't have some sort of phone that's like a computer. I don't foresee a future where those phones don't have cameras in them. That spells a future where smartphones are the status quo. You have to ask yourself how you allow people to communicate what's in their lives.
Donald Trump's a businessman, he's a very successful businessman. I think he's a marketing genius.
In general people experience their present naively, as it were, without being able to form an estimate of its contents; they have first to put themselves at a distance from it - the present, that is to say, must have become the past - before it can yield points of vantage from which to judge the future.
Doing business is all about providing a good product or service to your customers. A good businessman is he who knows that what is successful today may not be so tomorrow. Technology changes so fast, and so do people's needs and wants. That's why it would do well for a businessman to know how to adapt to change. He must constantly reinvent the business, or it won't last.
There is a future which is predictable, programmed, scheduled, foreseeable. But there is a future, l'avenir (to come) which refers to someone who comes whose arrival is totally unexpected. For me, that is the real future. That which is totally unpredictable. The Other who comes without my being able to anticipate their arrival. So if there is a real future, beyond the other known future, it is l'avenir in that it is the coming of the Other when I am completely unable to foresee their arrival.
In every analysis you need to isolate what the real assets are and you must not forget to examine the franchise to do business, to review the character and competence of the management and to estimate the outcome if the whole business had to be turned into cash.
Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life. The calculation of intrinsic value, though, is not so simple. As our definition suggests, intrinsic value is an estimate rather than a precise figure, and it is additionally an estimate that must be changed if interest rates move or forecasts of future cash flows are revised.
To be a successful businessman, you must have remarkable talents; and if you have such talents, why waste them on business?
It is a matter of course and of absolute necessity to the conduct of business, that any discretionary businessman must be free to deal or not to deal in any given case; to limit or withhold the equipment under his control, without reservation. Business discretion and business strategy, in fact, has no other means by to work out its aims. So that, in effect, all business sagacity reduces itself in the last analysis to judicious use of sabotage.
Every endeavour pursued with passion produces a successful outcome, regardless of the result. For it is not about winning or losing – rather, the effort put forth in producing the outcome.
What I know now is that everybody in life, no matter where you are or what you do, must be able to sell in order to be successful. I used to believe that I could be successful on talent alone. What I realize now is that I can only be successful if I can have people buy my talent.
Failure of management to plan for the future and to foresee problems has brought about waste of manpower, of materials, of the machine-time, of all which raise the manufacturer's cost and price that the purchaser must pay
You're nervous because you're afraid of the outcome. Accept the worst outcome... You'll be free & fight like you're able to.
It is critical to bundle all future variable costs of supporting the customer in order to fairly estimate the future contribution.
I'm proud of the fact that besides being known as a successful former football player, I've also worked hard to establish myself as a successful businessman, network broadcaster, sports & entertainment executive and philanthropist.
I have a tremendous faith in the possibilities of man, which have shown in his past, and I believe if we avoid war, we shall be able to revive our real vision of life, but that we must see it, and therefore, that we must be critical to where we are.
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