A Quote by Theo Paphitis

Recession always encourages entrepreneurialism and innovation. It does that every time because when people have no options they look at other things. — © Theo Paphitis
Recession always encourages entrepreneurialism and innovation. It does that every time because when people have no options they look at other things.
The hours of a wise man are lengthened by his ideas, as those of a fool are by his passions. The time of the one is long, because he does not know what to do with it; so is that of the other, because he distinguishes every moment of it with useful or amusing thoughts--or, in other words, because the one is always wishing it away, and the other always enjoying it.
Everyone says I drive like my grandfather, but that's not always a good thing because he didn't always watch the road because he'd talk to you and look at you. He was a deputy sheriff, a cop, for a long time. So he was always looking around, checking out other things, other than what's directly in front of him.
I will continue to work for the advancement of freedoms in Egypt and the Arab world until I drop dead... Education itself - which can and should play an important role in the apprenticeship of tolerance and respect for other people -sometimes encourages identitarian closure, or even extremist behaviour... It is therefore vital to ensure that education does not encourage rejection of other people or identitarian closure, but that on the contrary it encourages knowledge and respect for other cultures, other religions and other ways of being and living.
Software innovation, like almost every other kind of innovation, requires the ability to collaborate and share ideas with other people, and to sit down and talk with customers and get their feedback and understand their needs.
People who are not leaders automatically gravitate toward lines--limitations set by others. Many people are taught this in kindergarten when they are instructed to stay within the lines while coloring. But leaders are more creative than that. They look for options and opportunities. They try to take things in a new direction, or beyond the limit. Progress and innovation are made by people who think without lines.
Poker is really about reading people. What happens when you bluff? What does it look like when the other guy bluffs? Does he look right, does he look left? Under what circumstances does he fold or call?
I tell people for a long time, there are always other options in life. We have to do what we want.
There are times when a market such as housing, transportation or the stock or mortgage market keep rising and people with capital want to join in this growth. Soon the markets become overheated, partly because of the abundance of investment money and speculation. This is when the government should raise interest rates and increase the cost of borrowed money. Governments are shy about doing this because it could cause the very recession. Yet this is the best time to do this so that the inevitable recession never reaches the magnitude of the recent Great Recession.
Trust the young people; trust this generation's innovation. They're making things, changing innovation every day. And all the consumers are the same: they want new things, they want cheap things, they want good things, they want unique things. If we can create these kind of things for consumers, they will come.
At the center of every recession is a serious imbalance in the economy and mirrored in the financial system. Think subprime mortgage and the Great Recession, or the technology bubble and the early 2000s recession. There are no such imbalances today.
People forget they have options. And they forget that those things don't really matter. They should concentrate on what they have and not what they don't have. And by the way, wishing and dreaming doesn't mean concentrating on what you don't have, it's positive thinking that encourages hoping and believing, not whinging and moaning.
A recession is predominantly for the middle class. Where I come from, the majority of people have always lived in a recession.
A Recession is predominantly for the middle class. Where I come from the majority of people have always lived in a recession.
I think a good painting or a good work of art does many things it wants, I mean, maybe 15 or 20 or 100. One of the things a painting does is to make the room look better. It improves the wall that it's on. Which is much harder than it looks. And that's a good thing. And if one engages with a painting on that level, that's fine, that's great. After some time, familiarity, the other things that a painting does, the other layers, they just start to make themselves felt.
This recession is the deepest in our lifetimes, the deepest since 1929. If you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is this bigger, this is bigger than all of those combined.
Innovation is not a big breakthrough invention every time. Innovation is a constant thing. But if you don't have an innovative company [team], coming to work everyday to find a better way, you don't have a company[team]. You're getting ready to die on the vine. You're always looking for the next innovation, the next niche, the next product improvement, the next service improvement. But always trying to get better.
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