A Quote by James Surowiecki
A consumer-finance agency is a good thing, but it would do well to teach consumers a simple lesson: if you don't understand the deal you're making, don't make it.
Related Quotes
The broken consumer credit market had to be repaired by making sure that consumers had the right information and could use it effectively. That meant consolidating the bloated patchwork of ineffective agencies and regulations so that a single agency could act as a voice for consumers.
A brand is only going to want to be more inclusive if they feel like it's going to be good for business as well as making the consumer feel good - so we have to encourage people to do that. Consumers have to stand up and say, 'I have power: my pound or dollar is how I vote.'
First rule of Teach Kane a Lesson: you don’t talk about Teach Kane a Lesson. Second rule of Teach Kane a Lesson: you don’t talk about Teach Kane a Lesson. Third rule of Teach Kane a Lesson: if someone taps out, you just keep fighting. Fourth rule of Teach Kane a Lesson: there are no rules. Got it?
A good ad is one simple idea, with humanity in it, that connects with consumers, that represents the value system of a company and then can connect it with the consumer. We always say a brand is set of shared values. So if you can simply demonstrate your value system as a brand, so that a consumer could say, "Ah, our values line up. I vote for you, brand!" that's a good ad.
The creation of a consumer agency, structured similarly to the Office of the Comptroller of the Currency, levels the playing field. It gives consumers a powerful advocate at the federal level.
Science is knowledge which we understand so well that we can teach it to a computer; and if we don't fully understand something, it is an art to deal with it.
Traditional consumer finance has been unfair for decades. Banks have had a monopoly on financial services and have been able to overcharge and underserve consumers.
If you have a problem with someone you have to go after them, and it's not necessarily to teach that person a lesson, it's to teach all the people that are watching a lesson that you don't take crap, and if you do take crap, you're just not going to well
For consumers, the lesson is simple: Genetically modified foods are safe to eat.
I know theres a great deal that Arnold Schwarzenegger could teach me about making movies. Theres a great deal I could teach him about the fiscal reforms that are needed - desperately needed - to set California back in good order.
It is easier to disrupt consumer finance. It is much harder to disrupt institutional finance, Wall Street. It is very heavily regulated, and because it is institutional finance, you are dealing with incumbents.
If I heard it once, I’ve heard it a thousand times from Ray Hunt. He said 'make the wrong thing difficult and the right thing easy'. Then he said 'but don’t make the wrong thing impossible'. Well.....you learn from making mistakes. It’s that simple.
Any time you can give consumers more of what they want, it's a good thing. Unbundling the album is a good thing. In the case of music - because it is content that you can slice into songs - doing that is of huge benefit to consumers.
Critics of consumer capitalism like to think that consumers are manipulated and controlled by those who seek to sell them things, but for the most part it's the other way around: companies must make what consumers want and deliver it at the lowest possible price.
The strongest lesson I can teach my son is the same lesson I teach my daughter: how to be who he wishes to be for himself.
It takes good clients to make a good advertising agency. Regardless of how much talent an ad agency may have, it is ineffective without good products and services to advertise.
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