Business school professors don't take selling seriously because they don't know how to sell. It's easy to talk about business theory and production time and just-in-time development. Selling is much more difficult.
I don't run a non-profit. There are lots of non-profits in America - in Detroit, parts of Wall Street, etc. I run a not for profit. We're a business. The only difference is that instead of selling soap or sneakers, we sell hope and leadership.
It's very difficult to run a business when you're buying something for $5 and selling it for $10.
I've had my run-ins with department stores, like Harrods, which stopped selling fur coats, but I found some there with fur trim, which is just as disgusting. Foie gras production is appalling - there's no excuse for selling it.
All of the business of selling apps and selling subscriptions is extremely cruelly misunderstood, including by me.
Dealing with those personalities and the people who run this music thing has been most challenging. It's hard to really communicate things to people who run a business yet forget the nature of the business. They only look at the bottom line and the financial return, you know, they forget what it is they're packaging. It's art.
I am also involved with all the acquisitions and overall strategy. Now it's true, I don't run operations. But I've never really run operations. I've never had the endurance to run sales. The whole idea of selling to the customer just isn't my personality. I'm an engineer, tell me why something isn't working or is and I am curious.
I think DVD has been a real gold mine for a lot of reasons. You were selling a packaged good in a big mass market, so you could make it huge. You were selling or renting a thing that people didn't consume. You go to Blockbuster, rent five movies, and only watch two. That's a good business to be in.
The touring business is obviously critical to selling records, building fan bases, selling T-shirts, fulfilling sponsorship commitments.
My second business would have succeeded but for competitors' jealousy. I was selling motorbike gear cheap, but the people I was undercutting complained to the manufacturer and cut off my supply. It showed me how corrupt business can be. When I sold phones, the same thing happened, but this time I was ready.
Business is just like sports: if you're the best in the group that you run in, you're never going to get any better. It's the same thing in business. I surround myself with people who are smarter than me and have more experience than me, and I have gotten a lot of great advice.
You might indeed be able to provide this money that people need to start a business, but can they run a business? This new consolidated agency [National Empowerment Fund] focuses on that matter of preparing people so that they can run business successfully.
American business has just forgotten the importance of selling.
I left my business to run for the Senate because I believe the government needs to run more like a business.
I would love to see Mr. (Henry) Ford in there, really. I don't know who started the idea that a President must be a Politician instead of a Business man. A Politician can't run any other kind of business. So there is no reason why he can run the U.S. That's the biggest single business in the World.
You wouldn't want to be called a sell-out by selling a product. Selling out was frowned on, whereas now you can major in it at business school.