Gil Penchina Quotes

I think running a business, doing what I've done for the last - since 1996, has taught me so many things because I started from just an idea and then had to figure out how to make it, market it, every single thing from soup to nuts on how to get a product done and out there.

I enjoy building something good and having a successful product and making money.

A big part of the accelerator is to help scientists become entrepreneurs. I like to think about each business being built on three major areas: creating the value, creating the product, and extracting the value. We provide help in each of these areas.

I understand the highs and lows of building a global business from the ground and taking that initial product idea all the way to the market.

I can't understand the conditions of a corporate product being designed and getting millions. I admire it, it's great, but I don't know how to do that. I have to have the wheel.

If you're doing business, not that simple to only buy. You have to create something. You have to create something that never exist for the future.

You can be as creative as you want to and build all these cool projects, but ultimately, if they're not successful and you don't have the business structure in place, everything will flop.

I always knew I wanted to start my own line. Nights and weekends, I would work on my business plan.

In the modern world of business, it is useless to be a creative, original thinker unless you can also sell what you create.

I knew nothing about sales, marketing or how to run a company. Nor did I have a desire to do any of those things.

There's an idealization of being an entrepreneur, but the most important thing is to have a really great idea.

I am a serious businesswoman. I don't enjoy being out there on TV; it's not what I do well. But I love building companies; I love making products.

If opening your own business is the dream, then it must start with a Dream - not only to understand what it is that you want to do, but also, how you are going to build something better than the same chaotic environment you just left.

I can't understand the conditions of a corporate product being designed and getting millions. I admire it, it's great, but I don't know how to do that.

When you're starting a new business, you don't need to know much about it. A lot of the work is blocking and tackling - it's the same type of stuff no matter what sector you're in.

I think my sister and I just focus on working hard. We started off working with Wal-Mart on our first clothing line as an extension of our personal brand when we were 12, and we got to learn about being aware of what was in the market and what wasn't.

Launching a successful product or startup has little to do with luck. Any business that gains traction on the market is the result of very careful strategizing and market analysis, not to mention the development of an original product or service.

If I'd really known how hard I was going to have to work behind the scenes to have any kind of business, I think I would have stopped.

To build a great business, you have to do something hard just to be able to withstand all the competition that will later come your way.

While 'The Owner's Manual' is not a formula for guaranteed success by any means, we're confident it will help reduce the failure rate of most startups that use our Customer Development process.

I believe in this industry as a business, and I want to continue to grow my own business.

I knew that if I could create a quality product and find the proper retail outlets, it would be a great company.

When you're starting your own business it's really important to think through your plan: what's the idea, why is it relevant to the market, how much money you are going to invest, how are you going to tell people about it.

I always loved retail. I love the ideas behind it. I think small-business retail is one of the areas where capitalism works so wonderfully well.

One thing I learned from all my years in business is you really have to work with the experts: you can launch something yourself, but unless you have the expertise and the marketing strategies and machinery behind you, you'll never be successful.