A Quote by John Hickenlooper
For me, the risks in terms of opening that brewpub were fairly high. I put my house up as collateral, I invested the liquid money I had and two years of my time to get it over, but that's really not much of a risk for what the potential reward was if it worked.
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Stocks are at an all-time high today. I don't have any money in the stock market. I don't have the stomach for the ups and downs. So about 20 years ago I put all of my money and liquid assets into videotape rewind machines.
Automotive franchise laws were put in place decades ago to prevent a manufacturer from unfairly opening stores in direct competition with an existing franchise dealer that had already invested time, money and effort to open and promote their business.
I had to fight those type of fights which were high risk, low reward and at the start, I never could get the fights I really wanted.
There are lots of risks, but without risks, there's no reward. I think the reward is bigger than the risk.
The music business is suffering because fewer artists are being invested in. Labels are putting in less money, taking fewer risks and signing half as many artists as they did 10 years ago. Everything is risk averse right now and there are two ways to deal with a business situation like this: either reduce your risk or increase your return. They're reducing their risk to the bone and looking for ways with their 360 deals to increase their return. They're still not making money. Artists are suffering. Labels, or music investors, are suffering.
Thus a long term corporate bond could actually be sold to three separate persons. One would supply the money for the bond; one would bear the interest rate risk, and one would bear the risk of default. The last two would not have to put up any capital for the bond, though they might have to post some sort of collateral.
Politics is a damn expensive business. I had one hell of a time trying to raise money as a candidate. I had to put a second mortgage on our house to get that campaign started, and I ended up spending over $300,000 to get elected. I believe that public financing of federal election campaigns is the only thing that will insure good candidates and save the two-party system. It is the most degrading thing in the world to go out with your hat in your hand and beg for money, but that's what you have to do if you haven't got your own resources.
Sure, we had to be skinny. I lived on Diet Coke and apples for two years. For the couture, we had to get up at 4 am to be sewn into the clothes and there was huge pressure to be thin. But I made a million dollars by the time I was 20, I bought a town house in Manhattan and put myself through Columbia. Does that make me a victim?
If you invested in a very low cost index fund - where you don't put the money in at one time, but average in over 10 years -you'll do better than 90% of people who start investing at the same time.
From a fairly young age, Donald had a really hard time reading social cues. You know, the rules in the house, my grandparents' house were very different from the rules in school. So, he had a difficult time adjusting to that.
I'm uncomfortable when I'm comfortable. I have to start something new-in the agency or in my personal life-every two years or so. Taking risks gives me energy. I can't help it, it's my personality. I'd like to think it's not really a compulsion toward high risks, but the spirit of an entrepreneur.
When I left Spurs I was one of the best defenders in the world and had done so much for such a long time with ultimately little reward. I practically kept the club up on my own for two years.
First and foremost, I've realized that I've been snowboarding for many years, and the biggest high that I get is when I really cut myself off from society, to really know the mountain. The high that I get from hiking up these mountains is a much bigger challenge than taking a helicopter to the top. I have to put more into it, but I get a lot more excitement out of it.
You know, you have Scorsese who worked with De Niro and - or DiCaprio. You have William Wyler who worked with Bette Davis. You have George Cukor who worked with Katharine Hepburn. I just - people get to be friends and then there's a - that's a - you can take risks together and each time out you take a different risk.
The Shield was only around for what? Two years? And we did a lot in two years. I think the fact that people even take those two years and put them up against the reputations of those other groups really says a lot about what we were able to accomplish in that short period of time.
I worked with women who were nurses and workers, women who worked in hotels, janitors who basically cleaned buildings, worked two jobs just to support their family. And, it really taught me a lot about how much opportunity I had to do anything I wanted to with my life.
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