Marcus Lemonis Quotes

I was approached by a company in San Francisco called Fantex. I did my due diligence on it. I tried to outweigh the pros and cons. Then I just made a business decision.

Once in a while, I see my fellow TV investors praise a business just because they like the entrepreneur behind it. That kind of thinking might make you feel warm and fuzzy inside - but let's get back to reality.

Before acquiring a project, take the advice of experienced trade pundits in the industry and analyse the risks and business propositions thoroughly.

I'm a very commonsense guy - I just look at the viability of the idea, if I feel the team has the ability to execute the idea. I also look at the investment syndicate, the size of the market, and then a lot of gut married on top of it.

When you see a 'Shark fight' erupt, we aggressively want to understand what we are committing our money toward.

Since there are a wide range of entrepreneurs fundraising at any given time, I looked at each opportunity as it has arisen and on its own merits. Then I've sat down with my financial advisers, we've looked at the numbers and gone for the businesses I believe have real potential.

If the value of a company doesn't just scream out at you, it's too close.

Why should a manufacturer bet his money, perhaps the future of his company, on your instinct?

It's pretty hard to make out what's going to be a commercial success and what's not.

Investors who find the best businesses to put their money behind are rewarded for their research.

I found an approach to investing that made enormous sense to me: rigorously analyzing a company's fundamentals, understanding exactly how it makes money, developing a view on the business's future prospects, and deciding if it's a good business.

As an investor, what we're not looking for is 'oh this is a cool app,' it's 'is this something that can become a big business?' You need to find those that can become real businesses.

You need to carry out very careful pre-feasibility and feasibility studies before you enter any crisis situation.

If there is the right opportunity for us to have a big oil play in Congo or somewhere else, we will definitely go for it.

The fundamental work of investment management is filtering. The question is what do you filter.

When you're an investor, you can look at the quantitative and qualitative elements of an investment, but there's a third aspect: What you feel in your gut.

You might think of consumption as a fairly passive activity, but buying new products and services is actually pretty risky, at least if you value your time and money.

We reviewed our process at Greylock and discovered that the best investments are non-obvious enough that they result in a mixed vote by our partnership.

I wanted to build businesses from the time I was little.

An entrepreneur must pitch a potential investor for what the company is worth as well as sell the dream on how much of a profit can be made.

When buying shares, ask yourself, would you buy the whole company?

Every good businessman or woman carefully analyzes all the available facts before making a decision.

Just because a stock is down doesn't mean it's a great buy.

The essence of a good investment manager is one who studies a given business and extrapolates the future cash flows that the business is likely to generate over the next several years. Based on the cash flow and asset assessment, they can then arrive at their expected rate of return if they bought a fraction of that business at a given price.

A great business at a fair price is superior to a fair business at a great price.