Sales is the most important aspect of a company, which in turn is about how well you treat your customer and stay ahead of your customer’s requirements.
I create offbeat advice; I don’t follow it. I rarely take third-party advice on my investments.
If I didn’t like you, I could take any or all of what I found and invent a context that lost you your job, your relationships, your degree. People are so vulnerable online and they don’t realize it. That is scary to me.
If you have managers reporting to managers in a startup, you will fail. Once you get beyond startup, if you have managers reporting to managers, you will create politics.
The one thing in life you can control is your effort. Are there any shortcuts in the beauty business? No. That was the first lesson I learned. You can’t just rocket to the top.
If you think back to the first sporting event you went to, you don’t remember the score, you don’t remember a home run, you don’t remember a dunk. You remember who you were with. Were you with your mom, your dad, your brother, on a date?
While some people might find it distasteful to pay taxes, I don’t. I find it patriotic.
Most people think money is the key to reducing risk. Prepartion is.
Companies fail for lack of brains and effort.
The stock market’s handling of new technology is kind of a joke. We have seen CNBC, CNNfn, Bloomberg, and the like turn into home-shopping networks for stocks. Fund managers and analysts go on TV and sell what’s shiny and easy to sell.
Social media is just a platform. Twitter is a very simple and immediate broadcast platform. Facebook is a very personal, when it comes to friends and when it comes to fan pages, a little bit less but still somewhat personal way to communicate.
I’m scared shitless of heights.
Everyday I look in the mirror and make sure I don’t pinch myself so I don’t wake up. I don’t take it for granted. All the time I say: ‘Why me?’
You learn in life that a lot of things are the result of effort, but some things, in terms of scale, are random.
I retired at twenty-nine, bought a life-time pass on American Airlines and my only goal in life was to party like a mad man and get drunk with as many people as possible. And I was happy right there. But when we started the streaming business, I knew it could be something big.
Business is the marketplace of ideas.
The reason I do Shark Tank isn’t to try take make more money of the deals, even though every deal I want to make money off of and even more so I want the entrepreneurs to be very successful and make money, but Shark Tank sends a message to everybody that the American Dream is alive and well.
Never settle. There is no need to rush.
There are no shortcuts. NONE.
My businesses are usually built around challenging conventional wisdom, so I tend to gain by taking the other side. It’s been very profitable and entertaining for me.