One of my business partners would remind me that no fashion line lasts forever, that we would hit the down curve eventually, and that we needed to look for new brands that complement the first one.
Daymond JohnRead
My mother said, "Money is a great slave but a horrible master." It was her version of a French proverb.
Interpretation
Money can be useful if controlled wisely, but it can lead to problems if it controls you.
This quote emphasizes the importance of maintaining a healthy relationship with money. It suggests that while money can serve us well and provide for our needs when we control it, letting it dictate our lives and decisions can lead to discontent and imbalance.
In practice
Discussing financial education with students.
One of my business partners would remind me that no fashion line lasts forever, that we would hit the down curve eventually, and that we needed to look for new brands that complement the first one.
I do today what people won't, so I achieve tomorrow what other people can't.
It will never be a perfect time, you can only make time perfect.
While good business ideas are plentiful, many entrepreneurs struggle to understand payroll taxes, health care and other thorny issues… In other words, they don't have the financial literacy to scale their businesses and attract investors.
Learn as many mistakes and what not to do while your business or product is small. Don’t be in such a hurry to grow your brand. Make sure that you and the market can sustain any bumps that may occur down the road.
When looking at trends I always ask myself basic and timeless questions about business, and the one I seem to always come back to is, 'How is this different than anything else in the marketplace?'
Almost all rich veins of original and striking speculation have been opened by systematic half-thinkers.
The really good idea is always traceable back quite a long way, often to a not very good idea which sparked off another idea that was only slightly better, which somebody else misunderstood in such a way that they then said something which was really rather interesting.
No man ever sank under the burden of the day. It is when tomorrow's burden is added to the burden of today that the weight is more than a man can bear.
One word of God can do more than ten thousand words of men to relieve a distressed soul.
A Christian's freedom from anxiety is not due to some guaranteed freedom from trouble, but to the folly of worry and especially to the confidence that God is our Father, that even permitted suffering is within the orbit of His care.
It is the quality of our work which will please God and not the quantity.
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