A Quote by James Surowiecki

You might think of consumption as a fairly passive activity, but buying new products and services is actually pretty risky, at least if you value your time and money.

James Surowiecki

Quote Author

James Surowiecki
American - Journalist
Born: April 30, 1967

80% of all products and services that will be on the market in five years do not exist today. So therefore, always be innovative, always be creative, always think, 'What new products or services could I create, could I represent, could I joint venture?" Sometimes you can find someone else that has a fabulous product or service that you can use your existing business or resources to sell and you can double your income or sales in your business by selling somebody else's product to the same customers that are buying yours.

Brian Tracy

I really like the idea of consumption tax, and most countries have a pretty serious consumption tax. It's called a value-added tax or a goods and services tax ... It's a sales tax. It doesn't tax labor, it doesn't tax savings or investment - it taxes consumption.

T.R. Reid

Since my mid-20s I have put more time than I would like to admit into keeping a youthful appearance. Most of that time was spent just buying random products, hoping some of them might actually work! Sadly that method resulted in a huge amount of time and money wasted.

Nick Viall

Online business models are still evolving. New and different products and services pop up every day. This gives rise to supporting products and services. A business can make substantial profit by helping others execute their plans for making money.

Marc Ostrofsky

Invest your money safely. Avoid the risky lure of spectacular returns; go for an investment that cannot lose its value. This is why I have put all my spare cash into buying not shares, but thousands of penny chews.

Dominic Holland

Filmstars endorse beauty products, which at times they might not even use. We endorse the product and make innocent people in India spend their money on buying the same products.

Poonam Dhillon

Whether it's buying products or researching what you're buying, or just becoming aware of what you're buying, you're saying so much with the money that you're spending.

Jayma Mays

Entrepreneurship is all about an idea that creates differentiated business value to one's customers. You must be able to convince your customers about the benefits that association with you or your products will give them. People are ready to pay if they are convinced about your services or products.

N. R. Narayana Murthy

Why are people unemployed? Because there is no work. Why is there no work? Because people are not buying products and services. Why are people not buying products and services? Because they have no money. Why do people have no money? Because they are unemployed.

Craig Bruce

People, materials, facilities, money, and time are the resources available to us for conducting our business. By applying our skills, we turn these resources into useful products and services. If we do a good job, customers pay us more for our products than the sum of our costs in producing and distributing them. This difference, our profit, represents the value we add to the resources we utilize.

David Packard

The marketplace measurement in politics is something called an election. It's a pretty good barometer - it's transparent, it's numerical, it's objective. It gives you a pretty good measure of what your customers think of you. And in 2006 and 2008, the marketplace was telling the Republicans, We prefer the products and services of your competitors. And so when you're losing market share, you step back and say, What can we do differently?

Tim Pawlenty

It is one thing to seek out new ways to grow your company and new potential streams of income from new services or products, but it is quite another to take on responsibilities that are far from your primary job as Entrepreneur.

Michael Gerber

By using general consumption PPPs, the World Bank is, in effect, saying to the poor: "Sure, you cannot buy as much food as the dollar value we attribute to your income would buy in the United States. But then you can buy much more by way of services than you could buy with this PPP equivalent in the United States." But what consolation is this? The poor do not buy services - they are services, on their luckier days.

Thomas Pogge

We are moving into a world where companies will be able to offer us products and services based on our last two hours of activity. This is both exciting and frightening at the same time.