Joe Lonsdale Quotes

Good household decision-making often relies on thinking about your household like a firm.

Our struggle is to identify the sources of revenue and the means to obtain the funds. Without funds, all the planning and research studies can't help us.

Filmmaking is a business and at the bottom line people who don't make fiscally responsible decisions end up going into another line of work.

In any business, you get your numbers together before you go out and do the work.

Economy consists in a due and proper application of the means afforded according to the ability of the employer and the situation chosen; care being taken that the expenditure is prudently conducted.

I'm smart with my money, I invest conservatively. I don't mind paying top-dollar, but I don't want to get ripped off.

I try to stay ahead of things, if you know what I mean. I take the money I make and reinvest it.

Adhering to budgeting rules shouldn't trump good decision-making.

It's a terribly hard job to spend a billion dollars and get your money's worth.

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.

I have observed that money left without special guidance is sometimes used well and sometimes not.

When you're talking about capital and financial things, which I certainly pay a lot of attention to, I base those decisions on one question that I typically ask myself, which is 'Does it help us to build a better company?'

One of the great responsibilities that I have is to manage my assets wisely, so that they create value.

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.

Budgeting is inherently complex.

Show me your budget and I’ll describe your strategy.

We have multiple challenges competing for finite resources—–and grotesque uncertainty with regard to the military budget.

I've made a payroll. I know what it's like to execute a business plan. I know what it's like to expect the proper return on investment... and I know you can't spend your way out of debt.

I'm always very careful when I'm spending the club's money. I treat it like it's my own, and I always try to sign players for what I feel is the right price.

If you spend £200million, £300m every year, obviously, even if you make mistakes, you have a good team, but without spending so much money, you can still improve and do well.

We're so used to financing things on our own that we always have a plan in place to sort of scale our ideas.

Those who earn money know best how to spend it.

How very popular to say, 'spend more on this, expend more on that.' And of course, we all have our favorite causes; I know I do. But someone has to add up the figures. Every business has to do it, every housewife has to do it, [and] every government should do it.

For resourceful tech founders, finding capital is rarely a problem; making the best use of it is another story. A few years slinging pepperoni pies and chicken wings - on tiny margins and with minimal investment - might not be the worst fiscal training.

Economy does not lie in sparing money, but in spending it wisely.