A Quote by Russell Simmons

Every time I go into a new venture, I find a "rabbi" who has the business acumen to help me understand the mechanics of that industry, the costs involved in developing a product, and what you need to do in order to make a profit.

Russell Simmons

Quote Topics

Acumen Business Costs Developing Every Every Time Find Go Help Help Me Industry Involved Make Me Mechanics Need New Order Product Profit Rabbi Time Understand Venture

Quote Author

Russell Simmons
American - Businessman
Born: October 4, 1957

Trump is bringing his business acumen to politics. That's something that politicians don't have: business acumen, many of them. And so they don't recognize it, and they don't understand it.

Rush Limbaugh

That doesn't mean you have to have the lowest costs in the industry to succeed. But you need to make sure the activities and product attributes that increase your costs above the other guy bring in at least that much more in revenue, and hopefully more.

Gerard Arpey

Making money isn't the main point of business. Money is a by-product.... A new product has been found, something of use to the world. A new industry moves into an undeveloped area. Factories go up, machines go in and you're in business. It's coincidental that people who've never seen a dime now have a dollar and barefooted kids wear shoes and have their faces washed. What's wrong with an urge that gives people libraries, hospitals, baseball diamonds and movies on a Saturday night?

Humphrey Bogart

The Higher Education Industry is very analogous to the Newspaper industry. By the time they realize they need to change the costs to support their legacy infrastructure and costs will keep them from getting there.

Mark Cuban

In order to really understand, we need to listen, not reply. We need to listen long and attentively. In order to help anybody to open his heart we have to give him time, asking only a few questions, as carefully as possible in order to help him better explain his experience.

Paul Tournier

An 'Islamic economy' or 'Islamic finance' doesn't mean anything to me. But I do think that in the multi-polar world, it is time to find new partners, to find a new balance in the economic order. And this could help you to find an alternative way forward.

Tariq Ramadan

And, in the past, it has been all too easy for legislators to load costs onto business in order to meet broader social goals. And costs for business means costs for consumers.

John Hutton

I wish there were fewer art dealers. I wish there were fewer auctions. I wish there were just two auctions a year. It's just too much. And at the end of the day, if you're a dealer and a professional, fine, that's your business, that's all you do. But as an individual, if you're not a dealer and it's not your business, you need time for these things. You need time to study what's happening. You need time to understand the market. You need time to go to a museum. You need time to see a show. You can't go to one every day. It's becoming a trend.

Laurence Graff

Selling cookies is usually a girl's first exposure to the world of business. She learns how to meet the public, talk about a product, sell the product, and is responsible for collecting money, giving change, and delivering the product. That's quite a business venture for a 7-year-old.

Frances Hesselbein

That is what shooting is. There is no secret sauce, man. You've got to find mechanics that you can make the same every time, and you've got to do it over and over again, and you can't just shoot for rhythm. You've got to understand what you are doing. You have to focus on those details every day.

Kyle Korver

We need to reverse three centuries of walling the for-profit and non-profit sectors off from one another. When you think for-profit and non-profit, you most often think of entities with either zero social return or zero return on capital and zero social return. Clearly, there's some opportunity in the spectrum between those extremes. What's missing is the for-profit finance industry coming in to that area. Look at the enormous diversity of the for-profit financial industry as opposed to monolithic nature of the non-profit world; it's quite astonishing.

Bill Drayton

When business leaders ask me what they can do for Indiana, I always reply: 'Make money. Go make money. That's the first act of corporate citizenship. If you do that, you'll have to hire someone else, and you'll have enough profit to help one of those non-profits we're so proud of.'

Mitch Daniels

I couldn't sell water in a desert. I have no business acumen. I can tell you why you have no business acumen, and I can tell you why your project may or may not work, but I have no ability to make money.

Richard Quest

Turning every business into an environmental industry will involve applying new principles...first, we need to make more with less...second, we need to design out waste...third, we must begin to decarbonise our energy supply

David Miliband

I have the final say in the business side of my boxer's career. But as far as me being in the meetings every day, the back and forth of the paperwork and stuff like that, I have got a job to do. I am in the gym every day. The fighting lifestyle is an unforgiving one. You want to keep yourself as focussed and stress - free as possible. I have a team who focus on the more complicated aspects, on the business side of boxing, which I don't need to get myself involved in. I think I am involved in the business as much as I need to be.