A Quote by John Templeton
Do your homework or hire wise experts to help you. Never jump into a business you have no idea about.
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Do not rush into a business just because you have the capital. You'd lose your shirt if you jump into it recklessly. Do your homework first. Study the market and look for that golden opportunity. Whatever business you choose to go into, it must be something that you can pursue with passion.
You'll have to hire people to expand your business. But it's a good discipline to really question if you need each and every hire.
Basically I'm in the idea business -- whether it's a musical idea or a spoken idea ... If you wind up with a political system that wants to put idea men out of business, then you have worry on your hands.
If you want to be successful, you have to jump, there's no way around it. When you jump, I can assure you that your parachute will not open right away. But if you do not jump, your parachute will never open. If you're safe, you'll never soar!
Don't solicit feedback on your product, idea or your business just for validation purposes. You want to tell the people who can help move your idea forward, but if you're just looking to your friend, co-worker, husband or wife for validation, be careful. It can stop a lot of multimillion-dollar ideas in their tracks in the beginning.
If we listened to our intellect, we'd never have a love affair. We'd never have a friendship. We'd never go into business, because we'd be cynical. Well, that's nonsense. You've got to jump off cliffs all the time and build your wings on the way down.
There may be a point in your life in which you are drowning so fast and fighting it so furiously that you don't have the strength left to call out for help. At that point don't expect one of your friends to jump into the water, if you've spent most of your life instructing them to mind their own business.
As much as I'd only like to concentrate on the creative side of acting, the whole business in general is just that - a business - and you have to do your homework if you want to be successful.
I believe the classified section of a newspaper - especially the 'Business Opportunities' column - can tell you more about your city 'business-wise' than any other publication.
Most people think it's all about the idea. It's not. EVERYONE has ideas. The hard part is doing the homework to know if the idea could work in an industry, then doing the preparation to be able to execute on the idea.
Ronald Reagan came from show business. His idea of how the government should help the homeless was like your agent. "We'll try to get you work. But don't bug us about it."
If you tell your story well, it can help attract customers; it can help people understand your business better, and you are more approachable as a business and a company.
It does not always help to analyze and think about problems with your rational mind. Sometimes it is far more effective to turn to your inner self, to ask the universe for help. Simply sit quietly. Take a few deep breaths and focus your awareness within. Ask your wise inner self, either silently or aloud, for guidance or help in understanding the message. As you get a sense of what feels right, act on this feeling.
My mother taught me this trick: if you repeat something over and over again it loses its meaning, for example homework homework homework homework homework homework homework homework homework, see? Nothing. Our existence she said is the same way. You watch the sunset too often it just becomes 6 pm you make the same mistake over and over you stop calling it a mistake. If you just wake up wake up wake up wake up wake up wake up one day you'll forget why.
Blue collar workers cannot hire each other. White collar workers cannot hire each other. You have to have a businessman or a businesswomen, a business owner to hire you. And you cannot make the environment so unfriendly to them or so unprofitable or so burdensome that they go out of business,because if they go out of business, you are out of a job.
The weirdest thing to me is that magazines would never do this for their writers. They would never hire a writer who writes for another magazine; they want to have their own stable of writers. Newsweek would never hire a TIME writer, and TIME would never hire a Newsweek writer - but they would both hire the same photographer to shoot a cover for them.
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