A Quote by Niki Lauda
Business is much less transparent than a win in a Grand Prix; in a race you drive over the finishing line first and you have won. In business it is different.
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The preparation, commitment and desire to win will be no less than the last time I drove a grand prix car in anger.
I tend not to worry about what the perception is. I think people have their different views over different things. They have different opinions over different business models and over different business interests.
When I was a kid, I used to play a game called 'Grand Prix Two.' Interlagos was always the first race of the season on that, and I never really got much past the second race. I would always restart the season, so I always seemed to be doing Interlagos - it was a real pain!
Just take the lack of presence of F1 in the United States. In theory - and logically - you would have an East Coast Grand Prix, a West Coast Grand Prix, and I think you should have a street race in Detroit - it is still the motor capital of the US. You stay in the US for four weeks and could have two to three races, certainly two.
Wherever you go in the galaxy, you can find a food business, a house-building business, a war business, a peace business, a governing business, and so forth. And, of course, a God business, which is called 'religion,' and which is a particularly reprehensible line of endeavor.
[Andrea De Cesaris is] the man who has won more Grands Prix than anybody else in the history of Grand Prix racing without actually winning one of them.
Over the long term, it's hard for a stock to earn a much better return that the business which underlies it earns. If the business earns six percent on capital over forty years and you hold it for that forty years, you're not going to make much different than a six percent return - even if you originally buy it at a huge discount. Conversely, if a business earns eighteen percent on capital over twenty or thirty years, even if you pay an expensive looking price, you'll end up with one hell of a result.
I live by the business model that there is a better than, a less than, or a different than. Those are the three categories. I chose to be different than. The one that's different than will stand out with the proper work ethic.
It is such a special feeling to win a grand prix.
As far as I am concerned, the Ulster Grand Prix is my favourite race.
Certainly in the movie business there are bullies all over - bullies in the distribution business, exhibition business, production. Fine-tuning adult bullying is different. When a bully is an adult, it's a whole different set of colors.
Originally I was supposed to do Grand Prix, but I was under contract to 20th Century Fox at that time and Alex North was supposed to do Sand Pebbles, but he got sick, so Fox preempted me out of Grand Prix, and to my good fortune, I got to do Sand Pebbles. It was my first time working with Robert Wise and it was a great experience.
One of the things I have learned over 26 years in the business is that the most productive place to focus new business efforts on is current clients. Think about it you have the relationship, you have inside knowledge of the company, the people and often, the brand, so it's a much less diverting exercise. Simply put, the odds of getting a higher share with current clients is much better than getting in the front door with new ones.
Football today means players stay less now than ever before and you have to accept that. As a manager, a big part of your business is doing far too much business that you don't want to do really.
We're in the doing business, or acting business and creating business. We're not in the results business, so we don't have any control over what the result is.
Back in 2001, my first start-up was mentioned in the 'New York Times' and 'USA Today.' I figured that would drive thousands of visitors to the site and tons of new business. Instead, only a handful of people visited our site, and not much business came of it at all.
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