I look for the entrepreneur to capture my attention. If you don't come out with a great presentation, you're dead. That's a big red flag.
Don't ever be enamored by what something sells for. It's more important what you get to keep in your pocket.
Some people will lie to you because they mean to. Others will do it to tell you what you want to hear.
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.
I never dreamed I could build a $100 million company. I just happened to build a $1 million company that became a $5 million company, and so on.
I was raised by my grandmother on a farm, where we were really poor - we had dirt floors - but so did everybody else.
Just like any business is a living, breathing thing, an entrepreneur has to be able to adapt over time.
Older cars tend to drive like older cars. That is not for me.
Oh, I'm all about small business. I think what we've learned from big business and big Wall Street is that unchecked greed and the creation of false value gets us all in trouble. If we look at the American economy, who's really creating value? It's the small businesses.
I balance my meals. I have never been a big dessert guy.
I try to get in one, one-hour spinning class per week.
People ask, 'Are entrepreneurs born, or are they made?' I think it's a combination of both.
I was one of those guys who never wanted to start their own business. I never saw myself as a leader. I saw myself as a great No. 2.
Long before I had money, my passion for cars was there.
I have my mother's hips. The minute I eat it, it ends up on my hips.
I came from a communist country where there are no luxury cars.
I own a Ferrari race team, and we race all over North America.
