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Quote by Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“Businesses are born, businesses live, and businesses die. And that's okay.”

Quote by Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

Book:Business Essentials

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Business Essentials

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Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

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“Any type of business we're talking about – in any industry, any market, anywhere in the world – it boils down to this same fundamental truth, the same fundamental essence and that is: creating value for others and adding some kind of benefit to the lives of other people.”

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“In business, value adding and the compensation received for adding value - it has a ripple effect. And it's a very altruistic ripple effect.”

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“Logistics is not an end unto itself, it's a means to an end. Logistics should be in service of something greater. In a permaculture system, logistics exists in service to people and families and businesses. Not the other way around.”

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“In terms of permaculture design in business, ethics are really important. In this design approach, we design for sustainability and efficiency and growth. And we also design for equity and wellbeing. Everything matters. It's a holistic approach.”

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“Biopolymers have huge business implications. They add cyclicality to the economic ecosystem, therefore making possible new business opportunities that didn't exist before, and allowing those businesses to have a healthy relationship with the natural environment at the same time.”

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“When industries lack competition, businesses get belligerent. Competition helps keep businesses humble.”

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“The main thing is identifying a group of people or groups of people in society or in a marketplace - then identifying what problems they may have, what needs they may have and what desires they may have - and then formulating products or services or both that can solve those problems, meet those needs and fulfill those desires.”

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“We'll have better communities, better cities, better states, better nations, and a better world - simply because businesses are creating and adding value for other groups of people. That's the power, the depth and the magnitude of the core essence of business.”

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“As long as people are alive and breathing, they will have needs that need fulfilling. And therefore there will always be business opportunities there.”

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