A Quote by Tom Douglas
I don't have any interest in being a chef without being on the business side of things, or vice versa, because if you don't make money at the end of the month, you're going out of business.
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When I was in N.W.A. and didn't get paid all the money I was owed, that's when the business side of showbiz hit me. I thought, "Half of this is workin'. I'm famous, but now I need to be famous with some money." That got my brain started at trying to figure out the business end. And once I figured out the business side, I next came to understand that success really comes down to the product, not to me, my personality, or what club I'm seen going into or coming out of. None of that matters.
Doing good business - being ethical, being transparent, being caring, implementing values in your business - makes a difference, and you make money at the same time.
I always like to tell people who are interested in the business, and the acquired wisdom I give my children, is to stay out of show business. There are better ways to lead your life. You might end up being happier and spend more time with your family and make more money if you don't work in the film business.
I was utterly free of speculative prejudices. The bear side doesn't appeal to me any more than the bull side, or vice versa. My one steadfast prejudice is against being wrong.
This is the hardest thing I've ever done, being in fashion business, because that's what it is at the end of the day, a business, and you have to make sure it works.
When I was a young actor, I just didn’t understand how to function in this business as an artist. It is a business, it’s called the film business for a reason, there’s money involved ... But on the flip side, now I do not let the business side of it rule either. It’s a balance.
When you get into this business you have to grow up quickly. But I wouldn't say I've lost any of my childhood, I've always been a mature child. My Mom says I've been like that since I was little kid. I make time for my friends and I make time for things that other kids do. This is a business and I knew what I was getting into. I make time for being a kid, but I also know when to put on my business hat and go for the business.
In business, every phase of things counts. Companies that just yell out a low price today to win business aren't going to make money in the long term.
The policy of letting things alone, in the practical sense that the Government should never interfere with business or go into business itself, is called Laisser-faire by economists and politicians. It has broken down so completely in practice that it is now discredited; but it was all the fashion in politics a hundred years ago, and is still influentially advocated by men of business and their backers who naturally would like to be allowed to make money as they please without regard to the interest of the public.
There is a terrible thing that's been happening probably for the last 20 years or so and it's called the music business. And music isn't really business; it's work and you got to pay and you've got to buy your guitar or go into the studio. So there is a business side but when people say, "I'm going into the music business," it's not. It's about expression. It's about creativity. You don't join music, in my mind, to make money. You join it because it's in you; it's in your blood stream.
A lot of the point mags are going out of business. They dropped the pay tremendously and it's all because of the internet. I used to go out once a month to LA and shoot for one week. I'd make a ton of money then come back to New York and do whatever I wanted.
Some people would argue the other side: that the business of business is business, and companies should only be focused on profits. But in today's world, I don't think corporations can only be focused on profits, because they are inextricably linked with the communities that they serve. I do not believe you can be a leader in your industry without being a leader in your community. It's a fundamental shift in how you think about business.
I'm excited about being able to write and produce songs from an executive standpoint as well as the business side of it and the political side of it. I'm working on angles when it comes to the music business because I feel like that's the only way you can become a mogul.
It's a funny line when you're walking - the creativity, the subjectivity versus the objectivity, creativity versus the business, and recognizing that you are in the music business, so there are certain things that you have to acquiesce to on the business side and certain creative decisions that you have to make for the purposes of serving the business side of it.
I make no claim to being a business genius. You can make so much money in this business that it loses its value.
The first thing I heard when I got in the business - not from my mentor - was, 'Bulls make money, bears make money, and pigs get slaughtered.' I'm here to tell you I was a pig. And I strongly believe the only way to make long-term returns in our business that are superior is by being a pig.
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