A Quote by Mary Fallin
I started out as a business manager for a national hotel chain based in Oklahoma. I got frustrated with what was happening in the state capital - the high cost of doing business and a lack of educated workers.
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When I started Biocon in 1978, the obstacles I needed to navigate were manifold - ranging from infrastructural hurdles to issues related to my credibility as a business woman. With no access to venture capital, money was scarce and high-cost, debt-based capital was all I had.
Nobody in my generation ever started out in private equity. We got there by accident. There was no private equity business - actually, the word didn't even exist - when I started. I got there out of the purest of happenstance and so I think many people find what they really enjoy doing just in that way. So another piece of advice for you is: don't worry too much about what you're going to be doing when you get out of business school - life will come your way.
Obamacare has got everyone on edge. I mean, small business - men and women or big business are sitting out there saying we have no idea what this is going to cost, but we know it's going to cost us and cost us a lot.
Whenever you see some business person quoted complaining about how he or she can't find workers with the necessary skills, ask what wage they're offering.
Almost always it turns out what said business person really wants is highly (and expensively) educated workers at a manual-labor wage. No wonder they come up short.
Buying a share of a good business is better than buying a share of a bad business. One way to do this is to purchase a business that can invest its own money at high rates of return rather than purchasing a business that can only invest at lower ones. In other words, businesses that earn a high return on capital are better than businesses that earn a low return on capital.
Have I done more business-related things to help my career grow? Yeah. I took the business end more seriously, hooked up with a manager, got some help, because at a certain point, you get frustrated when you go do auditions, and people say you did a great job, and then you don't get he part.
The problem with Wal-Mart is that it's a business model premised on offering the customer low prices at any cost - any cost to society, any cost to workers. They've got a lot of competition and have influenced people to follow their model through simply providing a model that is so successful at making profits.
A well-managed business will have a high return on invested capital. But that's a consequence. It's not a way to manage a business.
The cost of energy is directly related to the cost of hiring workers and running a business.
I had started doing theater in high school, and while I was doing that, I got my manager.
We love professional wrestling. It started with High Chief Peter Maivia and then Afa and Sika. The teachings that they have. The respect for the business. You protect the business. You go out there and be the best that you can.
One of the most important political and economic facts of this young century is that capital has been slipping the traces of the nation-state. Business is global; government is national.
If you manage things properly - and, listen, I'm a business guy. I've got to prioritize spending in all my business career to prevent my business from going bankrupt. The federal government has got to start doing that eventually as well.
The essence of a good investment manager is one who studies a given business and extrapolates the future cash flows that the business is likely to generate over the next several years. Based on the cash flow and asset assessment, they can then arrive at their expected rate of return if they bought a fraction of that business at a given price.
My 'Chili Palmer' was my mother. Her name is Carmen Milian, and she's my manager. Before getting into music, we actually educated ourselves, and I went to college for music as a business and learned the business side, and she read a lot of books.
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.
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