I call it the Rule of Three. If you read a company's financial statements three times, and you still can't figure out how they make their money, that's usually for a reason.
The lack of available credit and loans is having a severe impact on small businesses in particular, but also their suppliers and the bigger companies too.
If companies don't know that they can run out of money, they won't be thinking of ways not to run out of money.
Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets.
The key to building a sustainable content company is to control costs.
I'm paying more taxes inside my company and personally than I'll ever receive from Congress.
You can fire your revenues by firing your people.
If you make payroll every time, everyone will be satisfied with your budget regardless of how bad it is.
It is very likely that many firms spend more on advertising than, for their own best interests, they should.
Back in the year 2000, most of the Internet companies were not making any money.
In America, we have the highest corporate tax rate in the world. One of the reasons why companies have so much money offshore is because it's cheaper!
You never want to be in a position where you can't make payroll.
I never envisioned multimillion-dollar offices for ECW.
Since 2011, Groupon has lost $730 million, and Zynga has lost just over $1 billion. Twitter has been in business for 10 years and went public in 2013. Since then, the company has lost $2 billion.
