A Quote by John Catsimatidis
I started in the supermarket business in the early '70s. And by '75, '76, I realized you don't have a business unless you own the real estate.
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By 2003, every fool was getting into real estate. The checkout girl at my local supermarket handed me her newly printed real estate agent business card.
Today the strategies of many companies in the real estate industry are premised on low interest rates, an assumption that has resulted in the rapid expansion of the real estate securitization business. This trend could be regarded as a risk factor, as it exposes the real estate sector to at least three potential problems: first, interest rate hikes; second, revisions to securitization business accounting standards; and third, overheating in the real estate market.
Real estate is at the core of almost every business, and it's certainly at the core of most people's wealth. In order to build your wealth and improve your business smarts, you need to know about real estate.
The business side of real estate investing is fraught with risk. Unlike purchasing mutual funds or savings bonds, with real estate, you can lose money; this is one of the reasons that seasoned real estate investors caution neophytes never to get too emotional about a property and always be willing to walk away.
I assumed a business like a film studio would behave like a business and still want to protect its own interests, still do the best it could to get as many people paying for as many of their movies as possible. I realized this is not actually a business about business: it's a business of egos and dominance.
Ann Taylor - great name, great real estate, shitty business. Gap -great name, great real estate, declining business. J.Crew - Hellooo? Great name, better fashion image than the Gap.
The reason I grew so fast in the supermarket business, without help of the banks in those days, was through my vendors. I convinced my vendors, the companies I was doing business with, if I did more business, they would do more business.
I came to music and knowing a little bit about life, and I came to music knowing a lot about business - and that's a real advantage. By the time I came to music, I had purchased real estate, opened restaurants, and been in the business world, so the music business didn't blindside me.
What I eventually realized is that the real business of books is not done by awards committees or people who turn trees into paper or editors or agents or even writers. We're all just facilitators. The real business is done by readers.
I think up until the point when we started in the business, which was in the early 70s, most of the humor was political. The smart humor was political satire.
I think up until the point when we started in the business, which was in the early '70s, most of the humor was political. The smart humor was political satire.
In my experience, in the real-estate business past success stories are generally not applicable to new situations. We must continually reinvent ourselves, responding to changing times with innovative new business models.
Most of my ex-girlfriends are still close friends. I guess when you are with someone that long, unless they did something really terrible to you, you remain friends. My real estate business is run by my best friend, who is an ex-girlfriend.
When I was a kid, a lot of my parents' friends were in the music business. In the late '60s and early '70s - all the way through the '70s, actually - a lot of the bands that were around had kids at a very young age. So they were all working on that concept way early on. And I figured if they can do it, I could do it, too.
Anyone who would ever think of using any other Realtor would be making an enormous mistake. Goodwin & Thyne Properties is the best real estate company with the best and smartest real estate agents and the best people to do business with!
Once I got my business degree I realized I didn't want to do business anymore. My passion started to kick in and say, "Are you really sure this is what you want to do with the rest of your life? Are you 100% positive?"
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