Danielle Colby Quotes

My expenses are largely a fixed, sunken cost, regardless of how much revenue I earn.

Making a million dollars is the simplest thing in the world. Just find a product that sells for $2,000 and that you can buy at a cost of $1,000, and sell a thousand of them.

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

The income from sales now covers the expense of materials but I expect this to improve.

Our first fiscal year, we were profitable.

It's fine to do movies and say, 'We made big grosses,' but you've got to go back and ask, 'How much did it cost?' and 'Where do you make your profit?'

I have a hard time with businesses that don't make money at some point.

If something's a high-margin product, I understand its importance to the store.

You have to have commercial income so you can spend on players.

For business owners, there are many important documents to learn to read. One of the most important is the profit and loss statement, known as the P&L, and the balance sheet.

Even though I'm a hype man myself, I like the practicality of it all. People who understand how to turn a profit. At the end of the day, this is still business so I'm looking for real practical knowledge of how to actually make money, not necessarily raise it.

When we manage a restaurant, we start making money from the first day. When we own a place, it's often five years before we earn the first penny that is clean of debt.

And with the money from your corn, from your rents, and from the issues of pleas in your courts, and from your stock, arrange the expenses of your kitchen and your wines and your wardrobe and the wages of servants, and subtract your stock.

Every retailer, when they price their goods, looks at their total cost overall. When they have costs go up, they'll price their products accordingly.

What do you want your business to do? Make money, of course. To pay for people and supplies, to be able to grow.

Decreased business base increases overhead. So does increased business base.

The whole - it's the economy's bad. It's bad for everybody. I have my own comedy club. I opened it three years ago in a horrible economy. I created jobs. And we just started breaking even after a year and a half, barely. For that entire time, I have had to pay the difference of what we owe in rent and taxes and everything out of my own pocket.

I run advertisements and sell T-shirts to cover overhead costs and pay the few people who help me out behind the scenes. Anything left over is spent on production costs, animation costs, etc.

Percentage margins don't matter. What matters always is dollar margins: the actual dollar amount. Companies are valued not on their percentage margins, but on how many dollars they actually make, and a multiple of that.

Margin is a customer concept.

I don't care about revenues.

You're either making money or you're not. If you're not making money get out of the business.

I just need to count the rounds and count me money afterwards.

Nobody likes a loss, but we're in the postal business. We can't make a profit.

I'm always amazed at how many people assume a business has to lose money before it makes money.