Theo Paphitis Quotes

Most businesses fail because they want the right things but measure the wrong things, and they get the wrong results.

When companies are successful or not successful, they almost immediately jump to the wrong conclusions about how they got there or why they got there.

We believe that the business system only is the key to success. It's no miracle, only day-to-day work in the appropriate way.

People must be realistic when evaluating their business.

Every time we bring someone in we ensure that they are a strategic thinker, but even more important that they understand that if the products aren't successful and the products don't sell that there won't be anything to strategize about.

The challenge of any business owner is not only to keep the saw sharp, but also to know if you even have a need for such a tool.

Success in business is seldom owing to uncommon talents or original power which is untractable and self-willed, but to the greatest degree of commonplace capacity.

An entrepreneur assumes the risk and is dedicated and committed to the success of whatever he or she undertakes.

Entrepreneurs must be practical experts. They needn't set out to be subject matter experts in what they do; they must set out to solve a problem or pursue some cause or purpose greater than themselves.

I'm working harder than ever now, and I'm putting on my pants the same as I always have. I just get up every day and try to do a little better than the day before, and that is to run a great restaurant with great food, great wine, and great service. That's my philosophy.

Our ultimate goal is to stay in business. We are not here with a specific plan. That's kind of how our entire career has evolved. We will figure things out as we go along.

All entrepreneurs make decisions. Some will go right, and some will not go that right.

The prudent course is to make an investment in learning, testing and understanding, determine how the new concepts compare to how you now operate and thoughtfully determine how they apply to what you want to achieve in the future.

Business, more than any other occupation, is a continual dealing with the future; it is a continual calculation, an instinctive exercise in foresight.

I learned that you shouldn't take your most esoteric concept and fit it into the largest space with the highest fixed costs. It puts too much pressure on the restaurant to hit grand slams every day when there just aren't enough people who want to watch that sport.

The successful man is the one who finds out what is the matter with his business before his competitors do.

Farmers the world over, in dealing with costs, returns and risks, are calculating economic agents. Within their small, individual, allocative domain, they are fine-tuning entrepreneurs, tuning so subtly that many experts fail to recognize how efficient they are.

The business is a very tricky obstacle course, and you should be very clear about work begetting work. If you're not working, you're not interesting.

Business is a string of seemingly impossible problems looking for solutions. Each problem you solve creates a new barrier to entry for your next competitor.

The key, I think, from a business point of view, is to learn how to be efficient in making a record that's not too expensive, so that you're not going crazy spending tons of money making a product that might not ever return that money.

You can't grow long-term if you can't eat short-term. Anybody can manage short. Anybody can manage long. Balancing those two things is what management is.

Enterprises that depend on many rarely succeed.

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.

Mitt Romney understands free enterprise, he has worked in it. He has seen companies succeed and he has seen them fail, too. He knows what people think about when they invest their money.

I'm not stupid, and the people around me aren't stupid. You can't ignore the economic realities of the ways that business is run and the way clients think.