Tadashi Shoji Quotes

People must be realistic when evaluating their business.

The successful entrepreneurs on the free market will be the ones most adept at anticipating future business conditions. Yet, the forecasting can never be perfect, and entrepreneurs will continue to differ in the success of their judgments. If this were not so, no profits or losses would ever be made in business.

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

We make a series of investments, some will pan out and some won't.

As a serial investor who has raised hundreds of millions of dollars for startups, I know that the business plans coming out of incubators tend to be vetted and more thoroughly validated. The incubator's input into your business plan will make you look far more polished and experienced - even if you have never run a business before.

As a businessman, I know that businesses need certainty.

The game of investing is one of making better predictions about the future than other people. How are you going to do that? One way is to limit your tries to areas of competence. If you try to predict the future of everything, you attempt too much.

If, in 2008, I could have not been in equities, I wouldn't have been in equities. If I could have not bet on the Seahawks in the Super Bowl, I wouldn't have bet on the Seahawks. Life and statesmanship are not lived with the benefit of hindsight.

You can't make money with a consensus accurate prediction.

The economics of setting up a new restaurant are scary in good times and terrifying in bad ones.

Investing is about intellectual honesty. You want to know what you know. You want to know, mostly, what you don't know.

Trust me: it's cool to invest.

Your job as a smart investor is to separate the facts and the news from the fiction and the noise.

Eliminate emotion from your investment program.

I had thought of joining my dad in his stock broking business in Delhi.

My family never had a business background. We are artistes.

It's important for founders to think about how they would build their company from scratch - again.

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

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.

Successful investing is all about common sense.

Other than playing the game I love, my passion is investing in innovative companies and helping the entrepreneurs behind them succeed.

Trust me: I know a good investment when I see one.

The game of investing is a process of discovering who you are, what you're interested in, what you're good at, what you love to do, then magnifying that until you gain a sizable edge over all the other people.

I was thinking what happens if I break my leg today? What can I do to prevent me going back to the place of being poor? It led me to the world of venture capitalism. How are they making money? I decided I'm going to learn as much as I can.

When the time is right, I'll start making investments and try to flip my money.