Foster Friess Quotes

Your own business growth and success depends on many things, and along that growing path, you are going to have to concede certain responsibilities and activities - whether for your accounting, your production, or day-to-day management.

I find that many entrepreneurs are trying to do everything when it would be cheaper and more time-efficient to delegate, even if there are monetary costs associated with that.

I discovered early in my career as an entrepreneur that I'm not good at many things, and I said 'I need help.'

When you start a business, go for the lowest hanging fruit.

You learn every single day when you're running a company. You learn as you go.

A philanthropic venture requires all the energy, knowledge and money from its founder that a company requires from the leadership team.

A well-managed business will have a high return on invested capital. But that's a consequence. It's not a way to manage a business.

There's smarter people than me. But you cannot have any one guy running 18 billion-dollar businesses. It just doesn't make sense to me. I've met some extraordinary leaders in my time. They struggle with running one billion-dollar business.

A savvy entrepreneur will not always look for investment money, first.

Ultimately, innovation depends on the people with advanced skills who have the ideas, and on the business risk-takers willing to back them.

I am a very hands-on person, and I like to be involved in driving my business.

I think there's a number of pillars to success. One is you've got to have a great idea. The other is you've got to have a constituency, you've got to have finance, and you've got to be able to raise awareness.

There would really be no reason to get up in the morning if Founders Fund was not willing to invest in companies that were doing important things, great businesses that very few people believe in.

I've got to let the people who are in the business run the business. I can help them think through their decisions about products, about partners, about hiring. But in the end, the decisions are theirs, and so is the responsibility.

If you can run one business well, you can run any business well.

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

I have run large organizations, I know what it takes to create a healthy business climate, and I have more experience than Jerry Brown doing that. So it'll be a stark contrast, a career politician vs. someone who has met a payroll, gotten a return on investment, knows how to use technology to do more with less.

If you ever hope to get ahead as an entrepreneur, the answer is not becoming an effective juggler, but in understanding and designing the systems to keep your team, not you, busy, busy, busy.

As an entrepreneur, it's easy to feel ownership over every aspect of your business because you're putting your reputation, your money, and other people's money on the line. Oh, and you're sleeping, breathing, and eating your passion project - that, too. But if you try to do it all yourself, you're almost certain to fail.

Lots of people have plenty of ideas; lots of people have plenty of money, but in the end, if you want to turn that money into profit, you have to do it through others.

I like to be the captain of my ship and be involved with everything from stage production, merch, art, and rollouts.

The basketball great Kobe Bryant started his own venture-capital firm. LeBron James has rebranded himself as not just an athlete but also an investor and entrepreneur.

I've got a good team, got great agents that I know are going to handle the business side, and I trust those guys.

Competitions are a business, first and foremost.

It's crazy to go into manufacturing. That's not where the money is.