Business fundamentals Quotes

When you're starting a new business, you don't need to know much about it. A lot of the work is blocking and tackling - it's the same type of stuff no matter what sector you're in.

The transition from the original Xbox to the Wii wasn't a big deal for my team. The business hadn't changed fundamentally.

Any businessman will tell you that transportation is fundamental to success.

The fundamentals of your business are like free throws: emphasize and practice them to perfection.

The Internet doesn't change everything. It doesn't change supply and demand. It doesn't magically allow you to build businesses by turning investors' money into operating expenses indefinitely. The money always runs out eventually.. the Internet doesn't change that, as we have seen.

When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.

Your first job, as an owner and an entrepreneur, has to be to understand how the business is going to actually work.

In tough times, one has to see if the fundamentals of the business are good or not.

The ability to sell is the number one skill in business. If you cannot sell, don't bother thinking about becoming a business owner.

So usually you have to have product distribution as more fundamental than what the actual product is.

As a young analyst just out of Stanford business school in the 1960s, I got to really understand what growth was about. Back then, you had to ask a customer to pay some money. That was the most important thing in getting a company off the ground.

I believe in evolution and I think when it comes to business and the roots of business and the fundamentals of business, I don't think that ever changes. I think the idea of change is an illusion, but in nature it's necessary to change and perhaps business is a part of nature. I'm not totally sure.

You must perfect every fundamental of your business if you expect it to perform well.

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.

The true investor... will do better if he forgets about the stock market and pays attention to his dividend returns and to the operation results of his companies.

Like any business, the oil industry runs on the basic premise of supply and demand. The more supply - the lower the price. The higher the demand - the higher price. In other words, the more people who can buy oil, the higher the price of oil.

Don't invest in pieces of papers (stocks), invest in great businesses underlying them

I started in the supermarket business in the early '70s. And by '75, '76, I realized you don't have a business unless you own the real estate.

If I had to give my advice to someone else starting the business, my standard answer is so, so true, and that's to learn the fundamental basics of this business. If you don't have a fundamental base to build upon, your house will fall, and you will never truly achieve the status you desire.