Tilman J. Fertitta Quotes

Know the business; you need to know the business side of things.

If you don't operate it as a business, you aren't going to be around very long.

I still work hard to know my business. I'm continuously looking for ways to improve all my companies, and I'm always selling. Always.

You can't run a business based on sympathies; otherwise our business would be hampered.

I didn't go to business school, didn't care about financial stuff and the stock market.

Profit or perish... There are only two ways to make money: increase sales and decrease costs.

A merchant is someone who figures out how to select, how to smell, how to identify, how to feel, how to time, how to buy, how to sell, and how to hopefully have two plus two equal six.

I was not a student of Wall Street, but I was a quick study.

You've got to know business before you go to show business.

There's show and there's business. Business is a whole other beat.

If you don't understand the details of your business you are going to fail.

If you don't drive your business, you will be driven out of business.

Remind people that profit is the difference between revenue and expense. This makes you look smart.

Life's a pitch, then you buy.

I'm a hard-nosed businessman, that if a company is paying its way, increasing profits for thirty-odd consecutive years, you don't put it into receivership.

I consider a merchant someone who has a certain intuition and instinct, and - very important - knows how to run a business, knows the numbers.

We are going to continue to run a business, and we are going to continue to meet the supply and demand that's out there.

Profit or loss is not guaranteed. That depends on the consumer and depends on the product. That's a risk that business people take.

As much as you need to know your operations, if you don't understand the finance side and how to do the business, you're never going to be successful. So you might be the best operator or visionary, but if you don't understand the finance side... I'm successful because I know the finance side, but I also know operations; it's not an accident.

I've got no business acumen whatsoever.

The most dangerous thing for an entrepreneur to do is to actually go into a business that he does not understand fully.

When you're out of quality, you're out of business.

Business neglected is business lost.

What I learned about America is that anything is possible, but sometimes people get into businesses they shouldn't be in. They go in without capital or know how, but their mothers had told them that they could cook, and they're good with people.

The more people you contact, the higher your sales will be because of the law of probabilities.