“If your cash is about to run out, you have to cut your cash flow. CEOs have to make those decisions and live with them however painful they may be. You have to act and act now; and act in the best interest of the company as a whole, even if it means that some people in the company who are your best friends have to work somewhere else.”
Quote by Larry Ellison
Author
You May Also Like
“If I were 21 years old, I would go into biotechnology or genetic engineering.”
“It is not necessary to do extraordinary things to get extraordinary results.”
“What we learn from history is that people don't learn from history.”
“Nothing sedates rationality like large doses of effortless money.”
Source: Warren Buffett on Business: Principles from the Sage of Omaha
