A Quote by Theo Paphitis
Online is not contributing in the same way as the high street in terms of business rates and to the local community.
Related Quotes
When you shop local, you have the opportunity to develop relationships with business owners in your community and many of them offer unique products and services that you simply can't get online or at department stores.
Anyone working for a big company might be skeptical that a large business, or even a strictly online business, can form the same kind of friendly, loyal relationship with customers as a local retailer. I'm saying it's already been done because I lived it.
Imagine if you had genuine, high-quality early-childhood education for every child, and suddenly every black child in America - but also every poor white child or Latino [child], but just stick with every black child in America - is getting a really good education. And they're graduating from high school at the same rates that whites are, and they are going to college at the same rates that whites are, and they are able to afford college at the same rates because the government has universal programs. So now they're all graduating.
For the vast majority of places in America, there is no way you can build a security system such as we have here because of the high priority this rates in terms of terrorist interests.
It has been convincingly demonstrated that countries where there are high rates of poverty, or high rates of economic inequality, are the countries with the highest rates of religious beliefs.
If you're making all your money simply betting on interest rates, that's not a business. Flow is a business. On the outside, they look the same for a while. But when you dig into them, no, they weren't exactly the same.
Local television is a slightly different story. It is under much more pressure in the same way that all local businesses are, whether that's a local newspaper, local radio or local television. But I think television in the aggregate is actually in very good shape.
I don't think I'll ever shop on the high street in the same way again. It just doesn't have the same excitement for me.
Buying a share of a good business is better than buying a share of a bad business. One way to do this is to purchase a business that can invest its own money at high rates of return rather than purchasing a business that can only invest at lower ones. In other words, businesses that earn a high return on capital are better than businesses that earn a low return on capital.
We still have community, but we don't seem to have local community. Even in a small town where you know your neighbors and your mother's down the street, they're not in arm's length.
The number of small businesses in the United States totals about 25 million. Because most of these have a local trading territory, relatively few advertise online. Online advertising reaches the masses of the Internet world, whether they are local or not.
When we look at the investment decisions into the city of Compton, the small business community and global corporations and retailers and all of those types of services that decide to come into the community to serve it, they look at the perception, how does the brand work with the local community.
In London, there must be thousands of people in the business of making films, whereas in Nottingham or Sheffield, you're probably talking about below a hundred. So there aren't thousands of people scrapping for the same money and for the same jobs. I went out in Nottingham the other night and there's a really beautiful community of people who are really supportive. It's not this back-stabbing thing, high-rent, high-cost, high-tension. Up here we are independent filmmakers and there's a lovely sense of camaraderie.
The virtual community? The word virtual does not mean "virtue." It means "not." When I go to the store and they say: The shirt that you brought in is virtually done. It means it is not done, in the same way that the virtual community is not a community. There is no commitment there. When you log off, you are not a member of it anymore. My flesh and blood community, the sense of knowing my neighbor, knowing the guy across the street, having dinner with the people down the block, getting along with each other and making compromises, that's a genuine community with a commitment.
Corporate welfare, I think, is a disaster for this country. It's crippling our economy. It is contributing to a permanent underclass and corrupting the business community.
One of my beliefs is that there are certain institutions within a community which stand for the spirit and heart of that community, there's the church, the local football team, the local pub and the theatre.
Related Authors
Bill Gates Quotes
American
Businessman
Charlie Munger Quotes
American
Businessman
Dieter F. Uchtdorf Quotes
German
Businessman
Henry Ford Quotes
American
Businessman
Jim Rohn Quotes
American
Businessman
Joseph B. Wirthlin Quotes
American
Businessman
Mark Cuban Quotes
American
Businessman
Mark Zuckerberg Quotes
American
Businessman
Peter Drucker Quotes
American
Businessman
Richard Branson Quotes
British
Businessman
Russell Simmons Quotes
American
Businessman
Sam Altman Quotes
American
Businessman
Steve Jobs Quotes
American
Businessman
Tom Peters Quotes
American
Businessman
Walt Disney Quotes
American
Businessman
Warren Buffett Quotes
American
Businessman