Imagine how foolish you’d look if, like one clever salesman who once pitched to me, you tried to license your product to a big industry player without knowing they just launched a competing product. With the right background research, he could have avoided that and other landmines – and so can you.
Don’t cry about money, it never cries for you.
Here’s how I think of my money – as soldiers – I send them out to war everyday. I want them to take prisoners and come home, so there’s more of them.
I think every entrepreneur in Canada owes the next generation a road map of how to do it again.
I remember failing reading in school at a young age, and you just kinda get left behind and I felt helpless.
I keep anywhere between 5-10 percent of my net worth in venture ideas.
I have had some great successes and great failures. I think every entrepreneur has. I try to learn from all of them.
I do not own a single security anywhere that doesn’t pay a dividend, and I formed a mutual-fund company with that very simple philosophy.
I’m not trying to make friends, I’m trying to make money.
Unions are about the collective leverage, the power of numbers versus the power of capital.
Being an employee is a bad outcome. You want to avoid that. Being an employee is never a good outcome. That’s just an opinion.
I want to go to bed richer than when I woke up. The pursuit of wealth is a wonderful thing, but the thing is you have to be honest about it, you have to tell the truth.
When you bring an idea that has no merit to me, and you ask me to comment on it, I’m going to tell you it has no merit.
You can’t regulate a soul into a business.
All we do is bring the debate from both sides, and let you as a viewer decide where you want to end up on the issue. That’s very important. That’s exactly what happens in ‘Redemption Inc.’
I’m not a tough guy. I’m just delivering the truth and only the truth and if you can’t deal with it, too bad.
Building fast-growing, globally competitive companies is tough.
There are a lot of impractical things about owning a Porsche. But they’re all offset by the driving experience. It really is unique. Lamborghinis and Ferraris come close. And they are more powerful, but they don’t handle like a Porsche.
As far as I’m concerned, Twitter has wiped out Facebook. I’m done with Facebook.
Money equals freedom.