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The venture business is a bit of an apprenticeship business, so the firm I worked for didn't let me make an investment until I was 30. That was probably a very smart thing.
So many folks in the venture capital business are sheep that just want to follow the herd. They are momentum investors purchasing highly illiquid investments. That is a recipe for disaster.
Investing in management means building communication systems, business processes, feedback, and routines that let you scale the business and team as efficiently as possible.
I'm an entertainer, that's my business, and yet you hope at some point in your career you will do something that will mean more to people.
We went through this business of me writing out all the parts for these old songs from Gravity and Speechless and we'd been performing that, but we don't do that any more.
I try to shy away from playing cranky people, but if it's just a funny next-door neighbor or business man, I'll say, 'Sure, why not?'
I think in some ways I'm quite lucky to be living in London, there's this certain separation from the movie business. In that way, it's been quite easy to separate acting and going back to a normal life.
As a military pilot and a test pilot, handling unusual situations and aircraft malfunctions was part of the business.
We have salads, some other beverages. But in reality, it's still fundamentally the same business. The most likely thing the next person will buy is a sandwich and a soft drink. After a half-century of glacial change, we're still pretty much the same business.
You could have everything right but be in the wrong place. You think your business is no good, but really, the problem is your place is no good.
I know a lot of people at some point in their business careers decide they'll just cash in and do something else, but for some reason, I've never had that feeling.
We're very much in the people business in that there are two important groups you have to work with: customers and employees.
After 39 years of business, I'm still learning. I go through this every year -identifying new strategies that are extremely important.
I don't have any interest in cashing out or leaving the business or doing something else. I just love Subway, and I want to keep focusing on the company for the benefit of all our franchise owners. So I'm kind of like married to the job.
When you're invested in your own business, you're going to run it better. When people are financially responsible for whether their store succeeds, they're going to have that kind of entrepreneurial spirit that's harder to get if headquarters is running things.
Everybody who goes through the business will make mistakes. The big question is how big will the mistakes be? How fast will they learn from the mistakes, and how quickly will they get the business in the correct direction?
We find that no matter what country we're in, if we hit the right economic notes and appeal to the mass market, we're able to build the business very, very rapidly.
How you handle the obstacles has a big impact on how you do. If you give up, then you obviously don't get there, but if you're persistent, and you keep thinking of new ways to approach the business, you're more likely to reach your goal.
It's tough for people to get into business, especially a small business.
I don't think I ever dreamt of going into business. No one in my family was in business.
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