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“At the end of the day, the business needs to be profitable if it's going to keep providing the products or services that the customers love. If you're a customer and you love what you're buying from a business, then you should want that business to be profitable so that you can keep on buying that stuff from them.”

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Author:Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“If your business is making you go broke, it's doing the opposite of what it should be doing. You need to run some numbers and reassess what needs to happen to get to profitability.”

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Author:Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“Sometimes companies prioritize market share over profitability. That may be a good short term strategy, but it's unsustainable and there's a strict time limit on that whether company leadership will admit it or not.”

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Author:Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“Having the cash is only part of the solution. Once your business has the cash, the real task now is to invest it wisely and in a way that'll result in growth and greater profit.”

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Author:Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“If your business is behind on it's bills, you know your business has a cash flow problem. And cash flow problems will destroy a business quickly.”

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Author:Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“Timing is critical to a successful product launch.”

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Author:Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“ESG boils down to the collective small decisions of individuals just as much as it boils down to the economy shifting decisions of large companies.”

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Author:Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“To maximize ESG performance in today’s economy, employing advanced technologies is a non-negotiable for companies. Effective software is becoming critical to compliance.”

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Author:Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“To every Chief Sustainability Officer out there, you have to realize that ESG boils down to managing different kinds of Capital. As Chief Sustainability Officer, you are really the Chief Steward of Capital.”

Business Business Quotes Sustainability Esg Esg Quotes Capital Stewardship Chief Sustainability Officer

Author:Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“Everything we do at Mayflower-Plymouth is viewed through the lens of capital allocation. Whether it's Blockchain or Quantum Computing or DeFi or Additive Manufacturing or Logistics, we channel that toward helping businesses fulfill solutions and solve problems concerning the allocation of capital.”

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Book:Business Essentials

Source: Business Essentials

“Data observability systems improve customer loyalty. Its just true that transparency builds trust and trust is integral to healthy relationships of every kind.”

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Book:Business Essentials

Source: Business Essentials

“Companies with great leadership are simply more investable.”

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Book:Business Essentials

Source: Business Essentials

“If your business is getting into debt, you gotta ask yourself what is the cost of servicing that debt. Do a simple cost benefit analysis. If the cost of servicing the debt is bigger than the potential profits that the debt will help the business to yield, then that means the business should not take on that debt.”

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Author:Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“If you wanna learn about investment yield, go meditate in a forest.”

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Author:Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“In the second part of this century, individualization will be greater than mass production. And logistics will be more about data files and polymer packs than freight trucks and cargo ships.”

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Author:Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“It's good when employees enjoy working with each other and contribute to each other's productivity. That's an indicator of synergy within a company.”

Business Business Quotes Business Success Synergy Company Culture Employees Quotes

Author:Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“Employment is a social thing and not just a transactional thing. Good salaries and wages are good. Perks and benefits are good. But also, having managers and leaders in place who are kind and genuine and caring towards employees - having that type of atmosphere at the company - that contributes a lot to employee happiness and employee productivity.”

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Author:Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“Business Education starts in Elementary School and continues through to High School and then to University. The sooner we teach students the essentials of business, the more capable they'll be at thriving in business when they're older.”

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Author:Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

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