A Quote by Susan L. Taylor
Don't identify yourself with labels and brands and have to buy every cute thing you see. Invest in the things that will grow in equity.
Related Quotes
I think that the strategy around FYI is really a corporate strategy, and that's that every one of our brands that we invest in have to matter and that we need to commit to building brands and investing in those brands, or we need to get out of that business.
We invest in things like the future, like our children, like education. In other words, we invest in things that we understand we will not see an immediate return of investment but everybody knows it will have a positive impact and you can easily measure it over the course of time. Your why is exactly the same thing.
I think this is also a great time to invest in private equity, helping companies grow from the ground up.
Examine the labels you apply to yourself. Every label is a boundary or limit you will not let yourself cross.
Some say the economy means that you have to persuade people to invest in clothes - to buy less things but more expensive things. I disagree - invest in jewelry, or a house, maybe, but not in fashion.
You can only do three things with your money. You can spend it. You can invest it. Or you can give it away. And if you invest it, you're really just getting more money to give away or buy something. How many things can you buy? So I don't really think there's a lot of choices.
Once you allow yourself to identify with the people in a story, then you might begin to see yourself in that story even if on the surface it's far removed from your situation. This is what I try to tell my students: this is one great thing that literature can do - it can make us identify with situations and people far away.
Best Buy is just too Western! They do not stock enough Chinese brands, and Chinese people do not want to buy foreign brands.
I have a fear of labels. If someone labels me, I have to respond - do I acknowledge it, reject it, deny it, live up to it, and defy it? Labels can affect your ability to be yourself. If you're not careful, like I wasn't when I was young, that can take a toll on you. You find yourself conforming to everyone else's ideas of who you are.
There was a shop in Birmingham called Autographs, where I'm from in Birmingham. My uncles and dad used to shop there. They played professionally, too. When I started, I went to Autograph, and they had brands like Rick Owens. There are loads of brands, like my go-to brands that I will go to if I want to buy jeans, like DSquared or Balmain.
Let's hope brands recognize that the true power of this technology is not its reach but its ability to communicate substance that adds meaning to our lives. Otherwise, brands will be investing in technology that consumers simply won't buy.
Venture capitalists buy minority positions in young companies they think will grow quickly; buy-out investors buy most or all of companies they think can be turned around by fixing a few basic things.
You have to be hopeful that people will be more educated in how they buy things, and hopefully more luxury brands will start to think that way on a longer-term basis.
Buy products of genuine lasting value from brands that take their manufacturing seriously. I have things that are 75 years old, like the dinner suit of my grandfather's that was made in 1933 by a tailor in Edinburgh. Clothes develop stories. You can remember where you've been through clothing that you've worn. I want products that are going to endure. I hate that we buy things that are disposable. We need to buy products with integrity.
I started a private equity fund and we invest in energy, mining, agriculture kind of things in Africa.
I don't really collect anything. I mean, if I see a piece of Moxie soda memorabilia, I'll probably buy it. I'm a sucker for regional soda brands and forgotten histories and that sort of thing.
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