Business stagnation Quotes

When the finance or marketing people run a company, innovation stops.

The Medium of Exchange, the only thing which gives life to Business, Employs the Poor, Feeds the Hungry, and Cloaths the Naked, is so Exhausted; that in a little time we shall not have wherewith to Buy our Daily Bread, much less to pay our Debts or Taxes

Businesses that grow by development and improvement do not die. But when a business ceases to be creative, when it believes it has reached perfection and needs to do nothing but produce no improvement, no development, it is done

One of the big problems entrepreneurs run into is they get too comfortable.

As entrepreneurs, we often get pressured into hiring an industry executive. While it's good to hire people with experience, it can also be a stumbling block because they think about the business the same way everyone else does.

The reason nobody else in my business has any impact is because they're all comatose.

America will be disadvantaged, just like Detroit was disadvantaged when they couldn't build smaller cars in the '70s or '80s. The world shifts.

Magazines at some point become hostage to their own success.

Over time, a successful company will acquire much in the way of resources and momentum, and these things often insulate it from reality once it has stopped being successful.

Any business today that embraces the status quo as an operating principle is going to be on a death march.

The world has changed, and it's almost been 11 years. I have 975 employees. I have six restaurants. We haven't opened any new ones in almost three years.

At a big company, often size turns into constipation; it fogs the lens about what's really happening. Sometimes with size and success comes the notion that since we've done things to be successful, we have the formula and can institutionalize it. That can be death.

I think that companies always become complacent, over time. Or most companies, that is.

As companies get bigger, they tend to slow down. It's a universal law.

So many entrepreneurs view their companies as their babies. They micromanage, and they stall.

What's really clear to all of us in the business community is that GDP is slowing everywhere. And the reason is productivity has been declining now for 15 or 20 years all over the world. So we've got very high unemployment, and it's structural. And it's compounded by real-time climate change - that's really a game changer.

Believe it or not, the biggest obstacle for a business owner with any size business is the internal response to the question - 'Now what?' Often this question is followed by a - deer in the headlights - response, which is then followed by stagnation. Following stagnation comes fear.

The problem is that, over time, big pieces of business that have to get done without leadership from Washington, don't get done.

You have regulations on top of regulations, and new companies cannot form and old companies are going out of business. And you want to increase the regulations and make them even worse.

The more successful enterprises are the more they try to replicate, duplicate, codify what makes us great. And suddenly they're inward thinking. They're thinking how can we continue to do what we've done in the past without understanding that what made them successful is to take risks, to change and to adapt and to be responsive. And so in a sense success breeds its own failure. And I think it's true of a lot of successful businesses.

It's very hard when you eat out every day for a living, and a new restaurant comes along and you haven't got that same vigour that you had 10 years ago.

The world is filled with successful small businesses that stay small.

If your business is static, you're likely to have issues.