A Quote by Stephen Vincent Benet
You can't do business with a man who doesn't know the meaning of a contract. You can't do business with a firm who swears they'll do one thing one day and does just the opposite the next. You can't do business with a company who takes your goods on a cash basis and then pays you off in bum harmonicas.
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The essence of a good investment manager is one who studies a given business and extrapolates the future cash flows that the business is likely to generate over the next several years. Based on the cash flow and asset assessment, they can then arrive at their expected rate of return if they bought a fraction of that business at a given price.
Call on a business man only at business times, and on business; transact your business, and go about your business, in order to give him time to finish his business.
It is solely bigness in business which makes it possible to supply the masses with all those products the present-day American common man does not want to do without. Luxury goods for the few can be produced in small shops. Luxury goods for the many require big business.
If you own a wonderful business...the best thing to do is keep it. All you're going to do is trade your wonderful business for a whole bunch of cash, which isn't as good as the business, and you got the problem of investing in other businesses, and you probably paid a tax in between. So my advice to anybody who owns a wonderful business is keep it.
I am a big believer that you can have a successful business and give back; it's just about the intention behind starting your business. Of course, your margins aren't going to be as good as they would be if you were just a straight consumer goods fashion company, but obviously the purpose is so much greater. It takes some balancing to figure out how much you can afford to give, but it's definitely possible - and all the more meaningful, if you can strike that balance.
You never let somebody come from outside the business, have their way with the business, and then leave the next day and laugh at you. How the hell does David Arquette become World Champion?
I mean the business is just so rough man, people always think the business is easy, and the business is very rough. This is probably the worst business that you can get in, as far as, business-wise.
My job was to turn the company around and to give Time Warner a profitable Web business to spin off and a profitable access business that still throws off a tremendous amount of cash. I can check both of those boxes. I am done, and I feel good about what we've accomplished.
An Athenian citizen does not neglect his state because he takes care of his own household; even those of us who are engaged in business have a very fair idea of politics. We do not regard a man who takes no interest in public affairs as harmless. We do not say that such a man 'minds his own business'. Rather we say he has no business here at all.
Cash is the lifeblood of your business. There are very few things in business that will kill you, but running our of cash is one of those things. You can recover from almost any other mistake, but if you run out of cash you're dead.
One thing I never thought about in my big-company job? Cash flow. When your business has billions of dollars in revenue, you can make a lot of mistakes and still have a viable business. But in a startup, make a few hiring mistakes, and you can find yourself in real jeopardy fast.
The United States of American business pays the second-highest business taxes in the world, 35 percent. Ireland pays 11 percent. Now, if you're a business person, and you can locate any place in the world, then, obviously, if you go to the country where it's 11 percent tax versus 35 percent, you're going to be able to create jobs, increase your business, make more investment, et cetera. I want to cut that business tax. I want to cut it so that businesses will remain in the United States of America and create jobs.
If you want to provide for your family, maybe show business is not a high degree of success. You will need to keep your day job until you make it, and know it's an odds thing just like the NFL. I personally wouldn't recommend anybody to go into this business.
The most important thing is that you make sure you follow the music, which is a musician's way of saying follow your heart. The two things are intertwined. You know, when you even mention the phrase "music business," the older you get, the sourer it sounds. It's a terrible business, you know. Music and business have nothing to do with each other; there's no correlation, so it's always a rub. I would encourage people, don't be swayed by the music business. If you're truly, in your heart, a musician, stay one, and let the business find you.
Advertising is a business within a business and the man who neglects it will soon find himself with a business without a business.
If I'm setting up a new business I'll spend three or four months learning everything there is about that business, everything there is about that subject and then I will find good people to run it on a day-to-day basis, but whilst they're running it at least I know what they're talking about when they come back to me.
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