A Quote by Noel Gallagher
In business, you can have one massive success that earns $50 million overnight, and that's it. You're successful. End of story. But in the music business, you have to keep on doing it.
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Over the long term, it's hard for a stock to earn a much better return that the business which underlies it earns. If the business earns six percent on capital over forty years and you hold it for that forty years, you're not going to make much different than a six percent return - even if you originally buy it at a huge discount. Conversely, if a business earns eighteen percent on capital over twenty or thirty years, even if you pay an expensive looking price, you'll end up with one hell of a result.
I was blessed. I had a great childhood and great parents that loved music and family. I moved from England when I was almost 18 and been on my own ever since and have been trying to make a living in the music business for the past twelve years. A lot of people say I'm an overnight success, but it's an overnight success that's been twelve years in the making.
Growth does not always lead a business to build on success. All too often it converts a highly successful business into a mediocre large business.
Without music I wouldn't have the ability to be in business. The opportunity to be in business came with the finances from music and the notoriety that comes with being successful as an artist. So I see myself as an artist first, but I'm absolutely conscious of business.
My father built a small business from scratch with years and years of sweat equity and many, many weeks away from home. He employed about 50 people, and by the end of his working years, the business was highly successful. He became a millionaire.
A successful business maximizes the present value of future earnings. The first requirement, therefore, of business success is sustainable profits. One-time winnings, in business as in casinos, are disappointing. We expect more from our investments than that.
America is a nation of 270 million people: 100 million of them are gangsters, another 100 million are hustlers, 50 million are complete lunatics, and every single one of us is secretly in show business. Isn't that fabulous?
It's called the music business. We've all gone into it 'cause we love the music, and a lot of people end up with nothing at the end of the day, after they've done all of this great music, 'cause they never learned any of the business side.
I think there is a big difference between the music business and music. And my relationship is to music, not music business. I think the business will keep changing, but music won't. Music will be there.
My number one rule in business, and in life, is to enjoy what you do. Running a business involves long hours and hard decisions; if you don't have the passion to keep you going, your business will more than likely fail. If you don't enjoy what you are doing, then you shouldn't be doing it.
It might take some here and there, but Apple's market share in the global computer business has really shrunk pretty far, and where they've been making success recently is not in the computer business but in the iPod music business.
You just plant a few seeds, cultivate the shoots, and watch your career grow and branch out. It takes time and dedication. There are no overnight success stories in the music business!
We're in the doing business, or acting business and creating business. We're not in the results business, so we don't have any control over what the result is. My reward comes in the doing of it.
There are two kinds of businesses: The first earns 12%, and you can take it out at the end of the year. The second earns 12%, but all the excess cash must be reinvested - there's never any cash. It reminds me of the guy who looks at all of his equipment and says, 'There's all of my profit.' We hate that kind of business.
Be it $15 million here and $11 million there, it takes hundreds of millions to be successful in this business.
The music business for me was never about buses and billboards you know, that was never the reason I got into the music business. The reason I wanted to get into the music business was because I genuinely, wholeheartedly love to sing. I love singing songs and telling stories and playing music, so that's why I got into the music business.
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