A Quote by Michael Ovitz

Hollywood is a small, familial place. Everyone does business with everybody else. The same complications occur in investment banking. — © Michael Ovitz
Hollywood is a small, familial place. Everyone does business with everybody else. The same complications occur in investment banking.
I'm in exactly the same position as everybody else who has a small business.
We're a small part of this ecosystem. When we go to a school and talk about investment banking, they are these monster financial conglomerates, and so we end up in the same pot. That is still an issue for us.
Hollywood, that whole industry, is a lot like a really small town. You bump into the same people all the time. I think Six Degrees of Kevin Bacon can be played with anyone and everyone in Hollywood.
The only way to beat Georges St-Pierre, there's two ways: knock him out, or do the same thing he does to everyone else, and guess what, my wrestling is good enough to make sure I can do what he does to everyone else. I promise you that.
As a matter of fact 25% of our U.S. investment banking business comes out of our commercial bank. So it's a competitive advantage for both the investment bank - which gets a huge volume of business - and the commercial bank because the commercial bank can walk into a company and say, "Oh, if you need X, Y and Z in Japan or China, we can do that for you."
Investment banking is not a business; it is a personal service where bankers work hand in hand with their clients. And it is a service that must not simply be about making bigger and bigger deals that reap rewards for only a small group of executives.
I started in investment banking at Allen & Company in 1991. It was the go-go days of media mergers, and we were incredibly busy with one deal after another. Unlike typical investment banking groups, even in the midst of merger mania, we didn't have a formal face-time culture - and I felt empowered by that.
I want everybody in the news business to think of ABC before they go any place else. If it costs us an extra few thousand dollars to do that, what does it mean?
One of the most important tools we have at the Small Business Administration (SBA) to reach high growth entrepreneurs is the Small Business Investment Company (SBIC) program.
If you are going to think the same as everyone else and do the same as everyone else, you will end up being the same as everyone else. In today's competitive environment you have to think a bit differently.
Everybody is looking at their base business and saying, "What else is it? Sure, we do this, but while we're doing that, what else do we know about our customer, and what does that enable us to do?" That comes from the access to information and the ability to analyze it with a speed they never had. I think everybody is thinking that way.
The best filmmakers have a very familial attitude in sort of embracing the set, beyond the cast, with the wardrobe, and the hair and makeup, and the props, just making everybody feel very familial.
We've been in the business of regional banking, and we understand what it is to make loans, and that's the engine of growth to small and medium sized business.
I think small business is struggling in New York City. It's a fantastic market, it's a very appealing market, there's lots of opportunity, at the same time it's a very difficult place to build a small business.
It's funny because Hollywood is such a small place that everyone really is less than 6 degrees of separation.
There are lots of really good guitarists, but they play with the same pedals that everybody else does. Everybody buys the same pedals, so the sounds tend to be the same. I am looking for different ways of doing that without having to spend days and weeks and months fooling around with pedals, which I don't enjoy.
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