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Hendrith Smith Quotes

Browse 242 quotes about Hendrith Smith.

Hendrith Smith Quotes

“Permaculture Investing™ is an investment strategy based on achieving the goals of (a) long-term Return on Investment, (b) consistent income and (c) resilient growth for investors, by combining Permaculture philosophy with various traditional approaches to investing.”

InvestingHendrith SmithInvesting QuotesInvestment QuotesPermaculture InvestingInvestment Strategy
Book:Investing, The Permaculture Way: Mayflower-Plymouth's 12 Principles of Permaculture Investing
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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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“With managing a business, you need to Invest in good software and or good data mining systems. Run your numbers routinely. Take a look at your revenues - when is the money typically coming in, from where, can you identify any patterns in your revenues? Then take a look at your expenses - analyze the numbers and identify patterns. Why? Because Identifying patterns and extracting actionable items from your revenue and expense data will result in the clarity you need to make good business decisions.”

BusinessBusiness QuotesBusiness SuccessBusiness AdviceHendrith SmithBusiness LeadershipConsultingManagement QuotesMayflowerplymouth
Book:The Wealth Reference Guide: An American Classic
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