El-P Quotes

I'm fascinated by management and organizations: how organizations get things done and how successful organizations are built and maintained, how they evolve as they grow from start-ups to small companies to medium companies to big companies.

You can't run a €10 million business the way you run a €1 million business.

The only choice that leads small business owners to real success in their endeavors is the one that requires real thought. Understanding and building the systems they need within their company to afford them a framework of organization that can scale the business from a company of one to a company of one thousand.

Challenges need to be given to an organization.

One of the things we have learned in the first year is that if you want to scale-up, the first thing you have to do is to expand your own team.

It must be a poor business man who cannot pay expenses under such labor conditions; and our statement for the fiscal year, ending June 30, 1917, showed a net profit of $156,000. This after paying ALL the expenses of the institution, making proper allowances for depreciation of buildings and machinery, paying wages to all inmates, providing them with food, clothing, schooling, shelter, medical service, entertainment, and religion, and also after paying the salaries of all officers employed. t must be a poor business man who cannot pay expenses under such labor conditions; and our statement for the fiscal year, ending June 30, 1917, showed a net profit of $156,000. This after paying ALL the expenses of the institution, making proper allowances for depreciation of buildings and machinery, paying wages to all inmates, providing them with food, clothing, schooling, shelter, medical service, entertainment, and religion, and also after paying the salaries of all officers employed.

Reducing future risks requires paying some immediate costs.

Personnel is policy.

We are putting so much money into retirement benefits that there is little money left for other state services

The cost of deploying one U. S. soldier is the equivalent to the cost of deploying 70 Afghan soldiers.

Prioritizing spending and maximizing the effectiveness of taxpayer dollars is absolutely essential. We must draw the line, realigning programs when necessary and also eliminating failed programs.

We ought to prioritize national disasters... in a fiscally responsible way.

From a productivity standpoint, you're supposed to reduce headcount on par with declining revenue. If you believe the environment isn't going to improve, you should take a bigger cut to get in front of the problems.

You can't be the accountant in your accounting firm. You can't cut the grass in your landscaping business. You can't work on the vehicles in your auto repair shop... And you really can't spend all of your time managing those actions, either.

To a certain extent, I have to be the president's bad cop from time to time. I have to look people in the eye and tell them, 'No, we don't have enough money for that.' That is not a very popular thing to do in Washington.

Not all of our movies work, but we take shots, and we're able to do that because we really stick to low budgets.

Quit being 'busy' and start actively owning and operating your company, and you'll be able to understand where the money is coming from and how to make more of it.

Sometimes you have to make tough decisions to hold the line on spending.

XUV is a living proof of the value of MRV. In that sense, the XUV was a wonderful validation. The XUV grew along with MRV. As the institution was built, the product was created.

I have definitely learnt in business that when you have a smart, engaged entrepreneur with good judgement they can really drive even a mediocre business forward so to me the entrepreneur is very important.

I always cooperate to complete a film within the budget. Not a single film of mine has overshot its budget.

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.

To scale your business, you need to delegate responsibilities to others and establish a strong company culture.

So many of the major decisions that affect the entire future of your enterprise happen during its first year in business. In fact, most don't make it because they don't know how to get the resources they need to survive.

Self-imposed discipline with a bent towards results rather than 'creative' and sustainability spending is unfortunately not the norm in the marketing industry.