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If you look at who starts new businesses, people that are innovative and risk takers. When you look at immigrants, you really have to be an innovator and a risk taker to leave everything you know in the old country and go to a new country. People that come here in America come here to work.
Oct 1, 2025
I am a great believer that you need passion and energy to create a truly successful business. Remember many new businesses do not make it and running a business will be a tough experience, involving long hours and many hard decisions - it helps to have that passion to keep you going.
If you look at the careers of great entrepreneurs and you look at the moment they took their plunge, the plunge is rarely a great financial or material risk, it’s a social risk. At the moment they started their new businesses, everyone around them said ‘you’re an idiot’.
Not to forgive is to be imprisoned by the past, by old grievances that do not permit life to proceed with new business.
I am super passionate about my new business because it has the potential to disrupt the fashion industry in a positive way. Master & Muse is providing a place to buy better. There are many big issues in producing fashion today, and the consumer doesn't fully understand the problems at hand. That is where we come in. We are providing awareness, information, and great fashion.
I cannot for the life of me understand why the American market keeps going up. Our economy has some real challenges. The infrastructure's falling apart. We're destroying jobs with technology. We are keeping the best and the brightest from around the world from coming to America to create new jobs and create new businesses. All of those things would give you pause to worry about the future.
A good idea for a new business tends not to occur in isolation, and often the window of opportunity is very small. So speed is of the essence.
For me, one of the highlights of being in the private equity world is that you need to learn a lot and very quickly about different businesses. So it's always a continuing learning experience where you can apply what you know, of course, by way of judgment and by way of numerical analysis. You're always investing in new businesses, which is a learning experience in itself. I think that is a wonderful thing and I think it makes for intellectual challenge and for continued personal growth. That, for me, is the highlight of this job.
Many Americans are feeling, you know, shut out, shut down, the great recession hasn't ended for too many Americans, wages are flat, families are struggling, not enough new jobs, or new businesses are being created, and it's important that we all try to figure out what we're going to do, and that's what I've done my entire life, fighting for a higher minimum wage, or family leave, now paid family leave which I believe in, equal pay for equal work.
My children have been learning lessons about entrepreneurship since they were in kindergarten, and these lessons are paying off: even though they are only 22, 18, and 15, they have already collectively launched three nonprofit organizations and several new businesses.
Over the past six years [since implementing RIMS] we have added very few additional full-time jobs, but we have brought in $120 million of new business . . . These efficiencies have really given us the ability to take advantage of new opportunities and expand our business.
No matter what level you're starting at, it's about not only utilizing your time, but your resources and network. For me, I started my company with a small amount of savings; I never had investors and I was lucky in the sense that I had models and connections in the fashion industry who were willing to give me advice early on. So really, for anyone starting a new business, it's really important to seek out mentors and knowledge from those who have come before you. And to not let that be discouraging, but to take that advice and really learn from it and mold it to what you're trying to do.
I have such a witness in my spirit that God is releasing entrepreneur giftings. He is and you might be receiving one. I have seen it everywhere, there's stirrings of ideas, creativity in people's minds. There's going to be new businesses and new inventions born because God's bringing his Holy Spirit upon them. There's a real lot of oil on it.
For a successful entrepreneur it can mean extreme wealth. But with extreme wealth comes extreme responsibility. And the responsibility for me is to invest in creating new businesses, create jobs, employ people, and to put money aside to tackle issues where we can make a difference.
I'm very primitive in terms of economics. The kind of new business in which stock gets more valuable because the company grows, but there must be limits to growth. But if publishing is expanding to fill that retail space, it seems like there may be a necessary and unpleasant correction waiting down the road. How many books to people WANT?
The transformation at the corporate level was achieved by selling off business units in old markets and by creating new business units to pursue the new opportunities. But the individual business units themselves within those transformed corporations were almost inert to change.
The pace of change for entrepreneurs is rapidly accelerating, and the cost and risk of launching a new business and getting off the ground is just amazing. The ability to gain user feedback really quickly and adapt to what your consumers want is totally different with the web as it is now. But finding a new market, helping people and taking that original idea and turning it into a business is really exciting right now.
With the communication internet, whole industries have been disrupted. You're in the publishing industry, you understand that. Before, we had newspapers, magazines - now you're on the web. I'm in book publishing. I don't have to tell you what's happened to us. Television has taken a hit. The music industry. But, thousands of new businesses have emerged on this new communication revolution platform. Not just Google, Facebook, and Twitter. There are thousands of operations. Businesses that are doing the platforms, the apps. They're mining the big data. They're creating the connections.
**New business concepts are always, always the product of lucky foresight.** That's right - the essential insight doesn't come out of any dirigiste planning process; it comes form some cocktail of happenstance, desire, curiosity, ambition and need. But at the end of the day, there has to be a degree of foresight -- a sense of where new riches lie. So radical innovation is always one part fortuity and one part clearheaded vision. [first-line bold by author] [2002] p.23
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.
Almost everything worthwhile carries with it some sort of risk.
The seminal elements of what makes a story great - challenge, struggle, resolution - are the same whether we're talking about story content for a movie such as 'Rain Man,' or telling a purposeful story to forge new business relationships or conclude a fruitful transaction, such as acquiring an NBA franchise.
The business is about coming up with a business plan and using your relationships and networking and seeing your dreams come true. Everyone on this show has their own business. Fifteen minutes of fame is fleeting. It's about learning the business and creating a new business.
There are some very real areas where working together is critical, whether it's talking about public policy issues, enforcement, or how to work together to facilitate new business opportunities. The RIAA has gotten much more involved in that.
To every trend there is a counter-trend. There are a number of pendulums operating and each creates new business opportunities.
I never perfected an invention that I did not think about in terms of the service it might give others... I find out what the world needs, then I proceed to invent.
I want to experience Dallas. It's a new city where I see new business opportunities.
The formation of the News America Publishing Group will lead to greater editorial excitement, new business opportunities and greater efficiencies and coordination.
If you are seizing on a new business opportunity, deliberately move your customers' expectations up a few notches and consistently over-deliver on your promises - you will leave your competitors struggling to catch up.
All too often, a successful new business model becomes the business model for companies not creative enough to invent their own.
The Internet produces new business models and also reinvents traditional business models.
A big factor is that the enthusiast camp's values are really rooted in Silicon Valley and in these supposedly new business models. But again, I think this such an interesting moment because things like the NSA revelations are really forcing people to recognize the connections between corporate and government surveillance.
In my experience, in the real-estate business past success stories are generally not applicable to new situations. We must continually reinvent ourselves, responding to changing times with innovative new business models.
As a result of the digital age and the decline of first-class mail, there is no question that the Postal Service must change and develop a new business model.
Intuition, if you are fashion designer is really the key to everything. I just really have a feeling it's the right moment in time to create a new business model. Obviously I have facts and figures that could back that up. It isn't a gamble; it's a calculated risk.
A business absolutely devoted to service will have only one worry about profits. They will be embarrassingly large.
Each time we go through a major life change (getting married or divorced, moving, having a family, switching careers, starting a new business, going back to school), we experience a breakdown of our organizational systems. It's inevitable-we are dealing with a new set of realities-and it takes time to process the information and to actually see what there is to organize.
It's important to build a personal brand because it's the only thing you're going to have. Your reputation online, and in the new business world is pretty much the game, so you've got to be a good person. You can't hide anything, and more importantly, you've got to be out there at some level.
Over time I learned that there are two very different satisfactions that you can have in your life. One is the satisfaction of becoming skilled at something. It almost doesn't matter what the terrain is. There is a deep, soul-feeding resonance in mastery itself, whether in teaching, writing a complicated software program, coaching a baseball team, or marshalling a group of people to start a new business.
When starting a new business, people get blinders on. They have an idea, they stick to the idea, but they don't test it or check with their potential audience to see if this is a good idea. It happens all the time. Talk to your customers, see what they like and what you can change or not change.
The only way to be truly satisfied is to do what you believe is great work
I want American Dream growth - lots of new businesses, well-paying jobs, and American leadership in new industries, like clean energy and biotechnology.
The growth of Stewart Airport creates new jobs for area residents, brings new business and new travelers to the region, and brings new convenient travel options to those of us living in the Hudson Valley.
I've been taught not to have any regrets. If we were to add up all of the hours spent regretting mistakes and use that time to develop new ideas, who knows how many brilliant new businesses would be created.
Asset-heavy businesses generally earn low rates of return - rates that often barely provide enough capital to fund the inflationary needs of the existing business, with nothing left over for real growth, for distribution to owners, or for acquisition of new businesses
The secret of getting ahead is getting started
It is so natural for us to consider our presence as indispensable in the world, so long as we have much to do in it, that the wisdom of retiring wholly from employments in advanced life may be questioned. Certainly, he who does so is in danger of finding, before long, that he has only given up the occupation to which he has been accustomed, for the new business of calculating the period of his decease.
I think the thing about capitalism is it's an evil necessity, capitalism. Communism has been tried and failed, and socialism, that doesn't work very well. Capitalism works, but the problem about capitalism is it does mean that a few individuals become very wealthy. Therefore, I think those individuals have enormous responsibility to redistribute that wealth either by creating new businesses or creating new jobs and making sure that money just doesn't lie in a bank account for future generations.
I think there's more stressful periods than others when you're launching new things or going into a new business, or there are many things that can stress you out. Having to let people go, that's stressful. Never fun. But for the most part, I try to manage a schedule that's achievable and try not to make a schedule that's not. And a lot of times, sometimes it becomes a little unmanageable, but in spurts. So I think being able to make an achievable schedule, one that I know I can accomplish.
We are what we repeatedly do. Excellence, then, is not an act, but a habit.