Michelle Phan Quotes

There is no greater feeling in business than building a product which impacts people's lives in a profound way. When we look around at the thousands of people who have attended Summit gatherings, it makes us smile to see the new friendships, business partnerships and philanthropic initiatives that each event produces.

Every successful business, even Google, Facebook, Twitter, started with a combination of manual improvements and friends of the founders using the site.

All the things I love is what my business is all about.

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.

You need to invent things and you need to get them to people. You need to commercialize those inventions. Obviously, the best way we've come up with doing that is through companies.

I have no doubt that my M.B.A. from New York University's Stern School of Business was one of the best investments I ever made. It helped me climb the corporate ladder and become an entrepreneur.

Loopt wouldn't have happened without Y Combinator.

Designing is so easy - it's the business that is hard. That's why you really have to respect Ralph Lauren - look at what he's done. Anybody who can sustain themselves should be applauded.

My store, Wine Library, outsells big national chains. How do you think we do it? It started with hustle. I always say that our success wasn't due to my hundreds of online videos about wine that went viral, but to the hours I spent talking to people online afterward, making connections and building relationships.

I'm grateful that L'Oreal believed in me and helped me bring my dream of creating a beauty brand to life. I'm excited to be working with Ipsy to bring Em home to my community, the original inspiration for the brand.

The purpose of a business is to create customers.

Me and my daughter, we are obsessed with makeup and so are our followers, and we communicate, we want to know what they like, what they want, what is their perfect, ideal product that's missing on the market? So everything we create, we share and we give credit to our followers.

'Bazillion Dollar Club' follows six struggling startups trying to get their products together.

I knew, back when I was starting up, that if I had something that could be developed for the mass market, I could really take it forward.

NXT is my life. Plain and simple. I've put my heart and soul into this company, and I truly love it and its fans.

From the beginning, Madam C. J. Walker's message was as much about hair and beauty as it was about empowering other women. She knew that confidence and self-assurance are key ingredients to success, and that true beauty comes from within.

The creation of 'Into The Gloss' took less than a month. Glossier took twelve months and about a million dollars to hire the team, work with the chemists, order the inventory, get an office - you know, the whole thing.

Building a product is easy. But building the company that builds the product is hard.

Through crowdfunding anyone can find companies and products.Forming a partnership with innovative British businesses was appealing and the opportunity to go on a journey with these companies as they grow, and hopefully share in their future success, is exciting.

There's an entrepreneur right now, scared to death, making excuses, saying, 'It's not the right time just yet.' There's no such thing as a good time. I started an apparel-manufacturing business in the tech-boom years. I mean, come on. Get out of your garage and go take a chance, and start your business.

Founders should think of their company as a product and build it and shape it with the same passion and care.

Customer satisfaction is worthless. Customer loyalty is priceless.

Learning is the essential unit of progress for startups.

You need this sort of a tailwind to make a startup successful.

Don't start a company unless it's an obsession and something you love. If you have an exit strategy, it's not an obsession.