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Quote by Ivo Andrić

“the daily life of a citizen with vices suppressed and passions moderated.”

Quote by Ivo Andrić

Book:The Bridge on the Drina

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The Bridge on the Drina

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“Sometimes a business has to lose money in its infancy. But that's only okay if there's a path to profitability and a clear vision of a profitable business model. A loss is only acceptable if it's a present investment into future profit.”

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Book:Business Essentials

Source: Business Essentials

“No matter how wonderful an idea may be, the ultimate question is "will the idea be profitable?" If the answer to this question is yes, it's a good idea. If the answer to this question is no, it’s a bad idea.”

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Book:Business Ideation: The Five Steps

Source: Business Ideation: The Five Steps

“Value has to be at the heart of business ideation because the exchange of value is what business is all about.”

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Book:Business Ideation: The Five Steps

Source: Business Ideation: The Five Steps

“In many ways, ideation has been the way that businesses cope and survive.”

Ideas Invention Hendrith Smith Innovation Quotes Profitability Ideation Business Ideation

Book:Business Ideation: The Five Steps

Source: Business Ideation: The Five Steps

“Ideas, well exececuted, have the power to spark revolutionary new ways of being that improve and enrich life.”

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Book:Business Ideation: The Five Steps

Source: Business Ideation: The Five Steps

“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.”

Business Business Quotes Business Advice Business Leaders Profitability Market Share Long Term Strategy Short Term Strategy

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

“Improving efficiency is a key to business evolution. For the business to evolve, the business will need to improve efficiencies, among other things.”

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

“In order for an idea to be viable, there has to be a market willing to pay money for that idea, presented as a product or service.”

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Book:Business Ideation: The Five Steps

Source: Business Ideation: The Five Steps

“Trying to ideate in business without thinking in terms of value is like trying to ideate in engineering without thinking in terms of physics.”

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Book:Business Ideation: The Five Steps

Source: Business Ideation: The Five Steps