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Quote by Maria Monday

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Symphony Of Lies: A Psychological Thriller of Wealth, Power, and Lethal Secrets

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Maria Monday

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“Margins matter in business. If a business has $1,000,000 dollars in revenues but $1.5 million in expenses, the business is heading for self destruction due to a liquidity problem. Meanwhile, if another business only has $100,000 in revenues and $50,000 in expenses, it’s doing better than the first business even though it has less revenues. And a business with $60,000 in revenues but only $2,000 in expenses technically has a greater margin than both of the other businesses. Revenues are very important, but the key is to both maximize revenues and minimize expenses so that you have the widest profit margin possible.”

BusinessProfitBusiness QuotesExpensesBusiness AdviceMarginsHendrith SmithConsultingRevenues
Author:Hendrith Vanlon Smith Jr
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“Back when I started ColorComm, I was living in a small DC apartment with slow dial up Internet, so I spent two hours before work and two hours after work using the free Wi-Fi at the hotel across the street. It was a lot of long days, too little sleep, morning workouts and evening drinks missed in favor of doing more work - but it was worth it to me because I knew my dream was to one day leave my firm and run ColorComm full-time. I was willing to put in the exra hours. But if reading this makes you cringe with dread, or if you just don't want to spend that much time working, that's okay! It is not necessary to work from dawn to dusk every single day in order to have a successful career. But that reaction also means you probably shouldn't plan to make your side hustle your full time job anytime soon, because you may not be passionate enough or hungry enough to make it happen.”

Side Hustle
Book:What Do You Need?: How Women of Color Can Take Ownership of Their Careers to Accelerate Their Path to Success
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