Patrick Whitesell Quotes

Many businesses fail because the owner wasn't willing to invest and wasn't educated on the difference between spending money frivolously and investing money into the business for growth, and the risks and rewards of that cash infusion.

The first aspect of a business that you need to make it work well is money. Once the money aspect is flowing, you can freely work on other aspects.

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.

Our balance sheet provides us with the ability to act on investment opportunities in appropriate areas that diversify and broaden our portfolio, including the gas and energy sector.

I think this is also a great time to invest in private equity, helping companies grow from the ground up.

Cash flow is a problem for a small and developing company, and the lack of it is the reason why many small businesses fail. Ensure that you have enough money in your bank account to make you able to carry out daily basic needs for your business.

What we are doing is increasing our focus on cash flow, return on investment, and value creation.

PayPal is a strong business: it has a strong balance sheet and free cash flows, and it will help us take a look at where we want to independently invest.

There is a reason companies raise money from investors, which is to invest in growth.

Capital is that part of wealth which is devoted to obtaining further wealth.

But we have to ask ourselves, what's the purpose of the stock market? It's supposed to be a source of capital for growing business. It's lost that purpose.

Financing is tough, and you really have to work hard in the businesses you invest in.

I worked for twenty-some years with no capital, so I never had any liquidity. Managing my loans alone wouldn't do it, and working hard twenty-four hours a day seven days a week alone wouldn't do it. You have to be properly capitalized.

When I got a deposit on my very first cake, I took that deposit and I bought some cake mix with it. I've never taken a loan - ever. And we're doing this expansion just like everything we've done in this bakery as we've grown. If we weren't able to afford paying for something cash, we didn't buy it.

Business money is limitless.

If you're running a business for the long term, the last thing you should be doing is borrowing money to buy back stock.

You have to manage money. Particularly with market economies. You may have a great product, but if your bottom line goes bust, then that's it.

A savvy entrepreneur will not always look for investment money, first.

One, I love the creativity. I love the ability to create a capital structure that is appropriate for a company, no matter what field it happens to be in.

Small businesses have told us that having cash in their pocket is one of the primary things that they need.

Finance is critical. If sufficient investment is made in infrastructure and venture capital is made available, there will be a big improvement in the situation.

Assets are cold.

I ended up buying a restaurant. Already we had invested in a gas station and a metal products plant.

You can make great money in a utility type of business by borrowing cheaply and lending sensibly but that's not what's being done.

The issue of access to growth capital is common to all entrepreneurs. Any entrepreneur who can demonstrate a credible business model and plan would be able to access to capital.