Theo Paphitis Quotes
There are three reasons to be in business. To make money, to have fun – and to make money.
Paphitis, Theo. Enter the Dragon: How I Transformed My Life and How You Can Too. Orion, 2006.
When earning money is the primary driver of a business, that business has come under the control of people who no longer have the vision, interests or focus of the founders and the people who originally made it what it was. Making money is an important part of making a successful company, but if that is all, then unless one is an investor, there is no great advantage to becoming a customer. All of the great new companies started with a vision that may have included making money but went far beyond that.
Theodoros "Theo" Paphitis is a Greek-Cypriot British retail magnate and entrepreneur. He is best known for his appearances on the BBC business programme Dragons' Den and as former chairman of Millwall Football Club.