A Quote by Margaret Heffernan
Making a company fit to sell may be the only way to ensure you never need a buyer.
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You need collaboration of its people; it's the only way to improve a company - can you ignore that? You need a win-win for every sub-group, which will ensure exponential growth for a company.
Valuations are actually quite simple to grasp. A company is only worth what two acquirers are willing to pay for it. Don't you just need to find that one buyer? If there is only one potential company interested in buying your startup, chances are you won't be hearing the word 'billion' in the offer.
I've interviewed people where their response was literally one word for everything I asked. This didn't help me get to know them, nor did it sell me on their skill set to help my company achieve its goals. I got nothing from them, which meant I had no way of knowing if they were really a good fit in the company.
It's all too easy to forget that cultural fit is a two-way street. Yes, the candidate needs to gel well with your company's vibe and mission. But, you also need to fit in with her desires, goals, and long-term career vision. It's not a one-sided relationship.
You will never build a company on the scale of a Facebook or a Google if you sell it along the way.
The only way to ensure a film is going to sell is put Will Smith in it and you open it in 3,000 theaters and make sure we have all the top promotional spots in each venue.
The best way to sell your company for a lot of money is to have a good company.
You don't want to be the only car company. When you're the only car company and there's no competition, customers may not know what a car is, the roads may not be developed for cars, there may not be gas stations everywhere.
You should never start a company with the goal of getting rich. Your goal should be making something you believe in and making a company that will last. Excerpt From: Walter, Isaacson. “Steve Jobs.” Simon & Schuster, 2011-10-23T21:00:00+00:00. iBooks. This material may be protected by copyright.
I never sell a book. I sell myself. And the way to sell yourself is to be an instrument of love.
If you cannot sell, you cannot be an entrepreneur. If you cannot sell, you cannot raise money. if the thought of sales terrifies you, get a job at a dept. store and start there. Or get a job with a company like Xerox that requires that you go around to businesses and knock on doors. As your courage increases, you may want to try a company in network marketing or direct sales that is willing to train you.
I sell a complete package... a life style that's in harmony with and exemplified by the exterior and interior living space. I'm obsessive about the way I live and work, so when it comes to renovating, I believe in finding the true integrity of a house, then breathing life back into it in a way that connects with a certain type of buyer.
In a large pharmaceutical company, where it's a big bet, you're going to need finance people to be involved in the decision-making because the investment can run into the hundreds of millions of dollars. You're going to have to run scenarios. You might even need agreement from the C.E.O. to make that type of decision. If it's an incremental, low-cost decision in a marketing-oriented company, it may be a very different set of stakeholders a lot further down in the organization.
By a peculiar prerogative, not only each individual is making daily advances in the sciences, and may make advances in morality (which is the science, by way of eminence, of living well and being happy), but all mankind together is making a continual progress in proportion as the universe grows older. So that the whole human race, during the course of so many ages, may be considered as one man who never ceases to live and learn.
Never start a company with the goal of getting rich. Your goal should be making something you believe in and making a company that will last.
For some years now I have been considering the idea of making a watch that our agents could sell at a more modest price than our Rolex watches, and yet one that could attain the standards of dependability for which Rolex is famous, I decided to form a separate company, with the object of making and marketing this new watch. It is called the Tudor Watch Company.
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