A Quote by Tana Mongeau

I don't think profit margins are great when you're giving away free tickets! — © Tana Mongeau
I don't think profit margins are great when you're giving away free tickets!
Think how weird profit margins are: We've got high unemployment and financial crises - and world record profit margins. People think the American market is very cheap. We don't. The market quite incorrectly gives full credit to today's earnings.
Profit margins are probably the most mean-reverting series in finance, and if profit margins do not mean-revert, then something has gone badly wrong with capitalism. If high profits do not attract competition, there is something wrong with the system and it is not functioning properly.
Percentage margins are not one of the things we are seeking to optimize. It’s the absolute dollar free cash flow per share that you want to maximize, and if you can do that by lowering margins, we would do that. So if you could take the free cash flow, that’s something that investors can spend. Investors can’t spend percentage margins.
Brands will increasingly handle their own e-commerce and rely less and less on local distribution partners. Why should they give away their profit margins?
My understanding from talking to a lot of people in the business has been that it used to be that a newspaper was considered a community service. Now they're being run as profit centers, and they're trying to get pretty high profit margins. As a result, investigative reporting has been seen as a problem.
Look for companies with high profit margins.
We have to be very clear about what we're doing to our music. We're giving away free albums. Now think about the psyche of the ordinary man, we don't respect anything that's free. Anything that we get easy has no validity.
Flexible supply chains are great for multinationals and consumers. But they erode already thin profit margins in developing-world factories and foster a pell-mell work environment in which getting the order out the door is the only thing that matters.
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.
I also don't think all of the revenue will come from digital subscriptions. We have in the New York Times a mix of revenue sources and it will continue to be a mix for quite a while. What makes me more nervous is that we built this newsroom on a really high profit margin that has eroded significantly over the last years. I'm nervous that we won't continue to have the profit margins that allow us to have a big, robust newsroom.
I think the Internet has hurt music more than it has helped it. The idea of giving music away for free just bothers me. And, when one band or artist gives it away, it devalues the rest of the product from those who would like to make some money or a living from it.
Lawmakers must stand up for companies that choose public safety over profit margins.
As a past president of the Writers Guild, I think women shouldn't write for free. Maybe you have to do it for a time, to make a reputation, but I think the idea of giving your work away is the beginning of authors not being able to make a living.
I don't think there is anything as powerful as an active heart. They do not fear the wisdom of emotion, but embody it. They know how to listen. They are polite when they need to be and unyielding when necessary. They remain open, even as they push boundaries and inhabit the margins, understanding eventually, the margins will move toward the center. They are tenacious, informed, patient, and impatient, at once. They do not shy away from what is difficult. They refuse to accept the unacceptable. The most effective activists I know are in love with the world.
I'm not going to put my music up on some little corner of the Internet or give it away for free. What does that do? That's just giving up. I'm not giving up, ever.
We should celebrate Christmas throughout the year, but I believe the whole concept of giving was the basis of Christmas, that it was a charitable, you know, giving, and I think we got carried away with giving.
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