A Quote by Sara Blakely
My revenue was $4 million my first year in business, off of one $20 item.
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MSNBC host Lawrence O'Donnell is saying Donald Trump lied when he said he made $20 million a year off his 'Apprentice' series on NBC. NBC also denied Trump's claim, saying, 'We don't have $20 million. We're NBC.'
The concept of productivity in America is income divided by labor. So if you're Goldman Sachs and you pay yourself $20 million a year in salary and bonuses, you're considered to have added $20 million to GDP, and that's enormously productive. So we're talking in a tautology. We're talking with circular reasoning here.
We have so many films that we can fit into the slate a year, and we spend $100 million on those films in order to make $400 million dollars. We don't spend $20 million in hopes of eking out $40 million.
The idea of a company that's earning money, not losing money, that's not, let's say 'industrially endangered,' to have just cutbacks so they can earn another $12 million or $20 million or $40 million in a year where no one's counting is really a horrible act when you think about it on every level. First of all, it's certainly not necessary. It's doing it at the worst time. It's throwing people out to a larger, what is inevitably a larger unemployment heap for frankly no good reason.
And my first item on each day's list is this: Wake up. If I can check that off, I've already done something and can get on with the business of living and trying to honor the memory of those I love who are no longer here.
I wrote '#GIRLBOSS' while running a $100 million-plus revenue business.
Business people do two things with their time fundamentally. The first is that they try to create sales, right? Revenue, key to business. But the other thing they devote their time to equally is cost containment. That is to say, how to not create jobs. Because the fewer jobs you can create for the revenue you create, the more profit you make.
You're not changing the world at $500 million in revenue. You start making a true difference when you're doing billions in revenue.
The first item I designed for a real person was when I was about 10 and I made my first item of clothing for myself.
Short of baseball and my family, it was gaming. And gaming is a $20-million to $200-million multi-year effort. It's an insane, stupid and utterly irresponsible act. But I did it.
Agents are probably going to hate me for saying it... You're not very valuable when you're making $20 million. When you're Mike Trout, making the minimum, you are crazy valuable. My first six years, before I was a free agent, I was very valuable. But there's nothing you can do that can justify a $20 million contract.
Playing all of these games, getting to know everything about the NBA, you realize that you are your own business. You have business meetings to go to, signings to go to. Like, I'm only 20, but the stuff I'm doing the average 20-year-old isn't doing.
Big Internet companies on average are capable of generating revenue of $1 million per employee, and that compares to 10 to 20 percent of that which is normally generated by traditional offline businesses of comparable size.
We have made a commitment to feed 20-million people over the next two years. We are somewhere around 10 million. But I can promise you that we are not going to stop at 20 million. Because hunger, there is almost no cure for it. You can take care of the problem today, but it is a recurring problem.
If a woman is making $85,000 a year, putting aside 20% of her income, putting it in a bank, earning very little...Over the course of her life vs. investing, this can cost her $1.5 million, $2 million, $2.5 million. Life changing amounts.
When I first came to Oregon, the annual amount spent on production was $1 million to $1.5 million. By the time 'Leverage' was done, there had been over $100 million in production that year.
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