The extravagance of any corporate office is directly proportional to management's reluctance to reward the shareholders.
Peter LynchRead
Brands are all about trust. That trust is built in drops and lost in buckets.
Interpretation
Building trust in a brand takes time and effort, but losing it can happen quickly and easily.
This quote by Kevin Plank emphasizes the critical nature of trust in branding. It suggests that while establishing trust with customers takes consistent effort and small, incremental actions, it can be dismantled swiftly by significant failures or missteps, highlighting the delicate balance brands must maintain in their relationships with consumers.
In practice
In a business meeting when discussing brand strategy.
The extravagance of any corporate office is directly proportional to management's reluctance to reward the shareholders.
Industry is the soul of business and the keystone of prosperity.
There are two ways to extend a business. Take inventory of what you're good at and extend out from your skills. Or determine what your customers need and work backward, even if it requires learning new skills. Kindle is an example of working backward.
Helping doing business easier, we choose the name Alibaba because it is a global company. It is founded in China, but it was created for the world.
Cutting prices or putting things on sale is not sustainable business strategy.
If I only had two dollars left I would spend one dollar on PR.
Subscribe for the occasional hand-picked quote. No noise.