I love business books.
I have amassed a library of over 600 of them (and adding to it every month – Amazon loves me)! I read books with a pen so I can underline and star information that strikes a chord with me. I write notes in there so that I can go back later and scan the parts I need to think more about or reflect on.
Here are some quotes about business and money that I enjoyed from a few of those books. I hope they spark an idea in your mind or just get you thinking more deeply about business and money.
These are also great books to buy and read as well. Enjoy!
From the book The Six-Month Fix by Gary Sutton
"The function of a business is to create money, not consume it, and the longer you postpone this the harder it gets to fix."
"Bankers cannot make more than a few percentage points on the money loaned, but they can lose it all. That's why they're jumpy. They make more money by avoiding losses than by getting new clients. Help them relax by getting them familiar with your business."
"Receivables are viewed as nothing more than test market expenses until they are paid. There is no sale assumed, no customer satisfaction believed, and no commission paid until the money arrives."
From the book Billion Dollar Company by Robert H. Hacker.
"…Now, if we were to ask what are the two or three most important questions that a business plan or financial model should answer, somewhere in the top three would probably be how much money do you need and for what?"
"I have come to realize that managing the business by focusing on the growth drivers is a sound and understandable management approach and would help entrepreneurs to focus on what is important."
From the book The Way to Wealth by Brian Tracy
"All business relationships are built on trust. Since all of business involves money—from bankers, suppliers, vendors, shareholders, and investors—and the opinions of customers and clients, the most important single ingredients for success in business are trust and credibility."
"Your ultimate goal in business is to reach the point where you have enough money so that you never have to worry about money again."
"This means you have to be measuring your success by the amount of money you are able to take out of the business and put somewhere smart and safe, ideally in appreciating or income-generating assets."
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