“I don't fret much about the natural life spans of shoe companies. If stores don't do the right things, they cease to exist, and that doesn't trouble me at all.” IfsNaturalCompanyTroubleShoesStoresCeaseRight ThingLife SpanNatural Life Author:Steve Madden
“I turned Compaq from a small company with troubles into a computer powerhouse. We can do the same at Intershop.” Can DoCompanyTroubleComputer Author:Eckhard Pfeiffer
“I think everyone should sell whatever product they want to sell for whatever price they want to sell it for, but ultimately the market will dictate what it is and people will have to charge less money for everything. Record companies have been overcharging people for way too long and now this is the trouble that they're in.” PeopleThinkingWayWantShouldLongHas BeensCompanyRecordsTroubleProductsSellsRecord CompaniesOvercharging Author:Black Francis
“A lot of people don't belong in our clothes, and they can't belong. Are we exclusionary? Absolutely.” PeopleTryingYoungCompanyTroubleClothesFatsTargetSkinnyVanillaCool KidSkinny People Author:Mike Jeffries
“It pains me to see my old company, which has meant so much to America, on the ropes. But Chrysler has been in trouble before, and we got through it, and I believe they can do it again... Let's face it, if your car breaks down, you're not going to take it to the White House to get fixed. But, if your company breaks down, you've got to go to the experts on the ground, not the bureaucrats.” IfsBelieveHas BeensPainAmericaFacesHouseI BelieveCan DoWhiteCompanyBreakTroubleCarFixedExpertsWhite HouseBreaking DownRopeBureaucratsChrysler Author:Lee Iacocca
“In every company, differentiation is never more important than it is in times of trouble, and that's the time when everyone tends to go to the well and equalize rather than differentiate.” WellsImportantCompanyTroubleDifferentiateDifferentiationTimes Of Trouble Author:Jack Welch
“Do not ... hope wholly to reason away your troubles; do not feed them with attention, and they will die imperceptibly away. Fix your thoughts upon your business, fill your intervals with company, and sunshine will again break in upon your mind.” MindReasonDeathDiesHopeWishSinAttentionCompanyBreakTroubleSunshineIntervals Book:The Letters of Samuel Johnson, Volume II: 1773-1776 Source: The Letters of Samuel Johnson, Volume II: 1773-1776
“Bet on black. Buy low-debt or no-debt companies. When the economy is in trouble, these companies usually have enough cash on hand to stay out of trouble. And they seldom need to borrow when interest rates are high.” NeedsEnoughHandsBlackInterestCompanyEconomyTroubleLowsRateDebtCashInterest Rate Author:Nancy Dunnan
“Why is it that private insurance companies are not in trouble because people are getting older? Aren't they subject to the same demographics? The difference is that they've accumulated a fund, not a pay-in, pay-out system.” PeopleDifferencesPayCompanyTroubleSubjectsFundGetting OldGetting OlderDemographicsInsurance CompaniesPrivate Insurance Author:Milton Friedman
“When you have a food safety system that's voluntary and not mandatory, you're in a situation in which everybody wants everybody else to go first. So as a normal course of doing business, food companies cut corners and don't want to take the kind of trouble and the kind of testing and the kind of careful procedures that are required to produce the safe food because they don't have to.” WantFirstsKindCoursesCompanySituationCuttingTroubleProduceSafeNormalSafetyCarefulCornersTestingProceduresFood SafetySafe Food Author:Marion Nestle
“Tomorrow always arrives. It is always different. And even the mightiest company is in trouble if it has not worked on the future. Being surprised by what happens is a risk that even the largest and richest company cannot afford, and even the smallest business need not run.” IfsNeedsDifferentHappensRunningCompanyRiskTroubleTomorrowSmallest Author:Peter Drucker
“An investment decision in the common stock of a company frequently involves a whole lot of factors interacting ... the one thing that causes the most trouble is when you combine a bunch of these together, you get this lollapalooza effect.” WholeTogetherCausesDecisionCommonCompanyTroubleOne ThingEffectsInvestmentBunchFactorsInteracting Author:Charlie Munger
“I have trouble getting approvals from my heath insurance company for basic antidepressants. And I have the best plan my agency has. I can't get high off this stuff! I'm not going to sell it! Getting my medication is critical. It's me saying, "I just want to live." And their response seems to be, "We agree that it's a matter of life and death; that's why we're declining it." Every time I get a cold, I have Tylenol with codeine coming out the wazoo. But the medication I need to live? Nah.” WantNeedsI CanMatterSeemsStuffCompanyPlansTroubleColdAgreeSellsResponseCriticalAgencyLife And DeathComing OutApprovalMedicationGetting HighInsurance CompaniesAntidepressantsTylenolCodeine Author:Jenny Lawson