Aslaug Magnusdottir Quotes

I am wired like a CEO and care a great deal about the bottom line, but I care about my customers even more than that. That's always been my competitive advantage.

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.

My dad built his business by providing products he figured the customers would want.

Successful entrepreneurship takes complete dedication and careful strategizing along with market analysis. Plus, successful startups provide countless benefits to a healthy economy and consumers in need.

The goal of listening to customers is not to please every one of them. It's to figure out which customer segments serve your needs - both short and long term.

When you are making a decision about how best to serve your customers, your own experience is often a better guide than a more sophisticated analysis of the market.

Determine what your customers need, and work backwards.

Do your own market research; ask your last ten customers exactly why they bought from you.

Because these firms listened to their customers, invested aggressively in new technologies that would provide their customers more and better products of the sort they wanted, and because they carefully studied market trends and systematically allocated investment capital to innovations that promised the best returns, they lost their positions of leadership.

Market share is key.

I think the only way to maintain profitability is to meet the needs of the customers.

The life of a business is not like a football team! We are not taking part in an Italy-France game or against Germany.

Betting all your funds on the belief that you know what consumers want and are willing to pay for is like jumping into a river to test its depth - you'll need a lot of luck to stay afloat. To have a truly successful product launch, the conversations with your customers must start long before you write your first line of code.

I got an album concept called 'Exit Strategy,' that might be one of my last ones. It's a term they use in business when you build companies. You create an exit strategy as you make a company. You don't wait till you're five years in it; you create a exit strategy as you make the company.

To me, a great company starts with a great product and ends with a great product.

Business comes and goes and we make a strategic decision that could lead you to whole new place.

I have 20 restaurants. And if one doesn't work, it doesn't work.

I consider myself a businessman, not a celebrity or a music star. When I'm getting involved with something I need to executive produce it or be a part of putting it together as an investor. I want to play both sides. That's more important to me than just being a celebrity.

You can't be successful in business without taking risks. It's really that simple.

I knew that if I could create a quality product and find the proper retail outlets, it would be a great company.

This industry is a business - I'm a business myself, and I want to be able to run my own business.

I see myself in business. I'm good with numbers. It's just something that interests me.

If you're selling t-shirts as a heel - you're selling them - then you've failed miserably.

When it comes to creating a product or running a company, you need to prioritize the goal of the company or the creation of the product over and above every personal interaction you have.

If you get the product and technology right, then the rest usually falls into place.