Because software is all about scale. The larger you are, the more profitable you are. If we sell twice as much as software, it doesn't cost us twice as much to build that software. So the more customers you have, the more scale you have. The larger you are, the more profitable you are.
I have ever deemed it more honorable and more profitable, too, to set a good example than to follow a bad one.
Great work, professional relationships, and learning experiences compound over time, much the way money does - investing $100 today creates much more value than investing $100 a decade from now.
American business at this point is really about developing an idea, making it profitable, selling it while it's profitable and then getting out or diversifying. It's just about sucking everything up. My idea was: Enjoy baking, sell your bread, people like it, sell more. Keep the bakery going because you're making good food and people are happy.
You can no more trust Jesus and not intend to obey him than you could trust your doctor and your auto mechanic and not intend to follow their advice. If you don't intend to follow their advice, you simply don't trust them. Period.
I just want someone to explain to the American public why investing in transportation in Iraq is so much more important than investing in passenger rail right here in the United States of America.
I don't think I'd give advice. That never pays off. That's always a bad idea. If they follow your advice and it doesn't work out, or if they don't follow your advice, somehow you're on the hook for it.
Employers who recognize the importance of investing in their workforce have a more productive workforce, a more efficient workforce, a more loyal workforce, less turnover, and, in the private sector, more profitable.
If the advice is simply to respect yourself and follow the path that you want to follow, that would be the best advice I could ever pass on.
Most of us are wiser than we may appear to be. ? On one level, wisdom is nothing more profound than an ability to follow one?s own advice.
Even in those earlier times, finding the really outstanding companies and staying with them through all the fluctuations of a gyrating market proved far more profitable to far more people than did the more colorful practice of trying to buy them cheap and sell them dear.
Ads sell more than products. They sell values, they sell images. They sell concepts of love and sexuality, of success and perhaps most important, of normalcy. To a great extent, they tell us who we are and who we should be.
The only intelligence investing is value investing...to acquire more than one is paying for.
So much more profitable and gracious is doctrine by example than by rule.
Part of the game of investing is to come into your own. You must find some way that perfectly fits your personality because there is some element of a zero sum game in investing. If you buy, somebody else has to sell. And when you sell, somebody has to buy. You can't both be right.
IBM isn't investing billions of dollars every year into research and development - and winning more patents than our top 10 competitors combined for more than a decade - as an academic exercise. But research is now being driven much more by what people need rather than just by what is possible.