Playing safe is very risky.
People rarely buy what they need. They buy what they want.
When I was 17 years old, I was in the music business.
My home has always been show business.
You just have to pay attention to what people need and what has not been done.
Our reputation is more important than the last hundred million dollars.
You shouldn't be in the music business if you're posing.
Most small businesses failed because the owner was under skilled, not under capitalized.
I've said many times that I'd be thrilled to sell the airline to the employees and our guys said no, we'll take all the money, anyway.
Anything can change in show business, you know how it goes, everything changes from one day to the other.
Not for nothing is their motto TGIF - 'Thank God It's Friday.' They live for the weekends, when they can go do what they really want to do.
Alcohol and drug addiction are problems, and we should use outside agencies that know the business. They do business all over the country. Why don't we contract them to do it? See, we should be in certain businesses.
One market paradigm that I take exception to is: Buy low and sell high. I believe far more money is made by buying high and selling at even higher prices.
I doubt that religion can survive deep understanding. The shallows are its natural habitat. Cranks and fundamentalists are too often victimised as scapegoats for religion in general. It is only quite recently that Christianity reinvented itself in non-fundamentalist guise, and Islam has yet to do so.
I never get the accountants in before I start up a business. It's done on gut feeling, especially if I can see that they are taking the mickey out of the consumer.
Engage your emotions at work. Your instincts and emotions are there to help you.
Entrepreneurship is about turning what excites you in life into capital, so that you can do more of it and move forward with it.
If you want swashbuckling action in your life, become an entrepreneur and give it a go.
Succeeding in business is all about making connections
Please be polite. Nothing in life should erode the habit of saying thank you to people or praising them.
Literature was formerly an art and finance a trade; today it is the reverse.
It's for management to enthuse & motivate employees towards excellence in service; the profit incentive doesn't last
The real development I've seen of people in organizations, especially in big ones, comes from their being volunteers in a nonprofit organization - where you have responsibility, you see results, and you quickly learn what your values are. There is no better way to understand your strengths and discover where you belong than to volunteer in a nonprofit. That is probably the great opportunity for the social sector - and especially in its relationship to business.
(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss
The rich aren't like us, they pay less taxes.
