Nick Hanauer Quotes

One of the ways I think you make more money is by creating more efficiency.

The flakier your mission, the fiercer you have to be on the business side.

Profit or perish... There are only two ways to make money: increase sales and decrease costs.

Profitability is coming from productivity, efficiency, management, austerity, and the way to manage the business.

There really is no shortcut just because you have a name, or you have some kind of access or some way you can solve all the problems. And I think one of the things I learned with FUBU, you have to understand that there's really only two ways of operating a business: more sales, or lower overhead.

The most efficient labor-saving device is still money.

Cost reduction and cost control are by their very nature sort of anti-social activities.

Our wage freeze was vital to keep wages competitive with rival companies. I always try to communicate to our people that we can never make enough money. We can never make enough profit.

One of my main agenda right from the beginning has been cost rationalization, and we have done a lot of cost rationalization.

Quit being 'busy' and start actively owning and operating your company, and you'll be able to understand where the money is coming from and how to make more of it.

Major reforms include optimisation of the Signals establishments, restructuring of repair echelons, redeployment of ordnance echelons, better utilisation of supply and transport echelons, besides closure of military farms, and Army postal establishments in peace locations.

Because Tom Doherty and people like that are not stupid. If they could have streamlined their operation more to get more money out of it, they would have done it. It's not like they're a bunch of idiots.

Business is all about risk taking and managing uncertainties and turbulence.

Certainly it's a business and you've got to have a salesman, but in my mind, when you've got two guys doing the same thing, you don't need one of them.

What do you want your business to do? Make money, of course. To pay for people and supplies, to be able to grow.

When I first came into baseball, people didn't want to hear that a team was a business. But it is. And the better the business is run, the healthier the team on the field is going to be.

As I've said, in 2007, we're free to go and we'll just have to do what's best for the business.

Control your expenses better than your competition. This is where you can always find the competitive advantage.

That's the mantra I use when the team tells me something is too complicated. People keep saying, 'We need more prioritization.' I say, 'Guys, what you want is less work. And that is not going to happen.'

Japanese tend to put sales and market share first. They make many products with the aim of raising sales. But then profits decline, and companies find themselves falling into debt... I changed the mindset at Canon by getting people to realize that profits come first.

In business, you try to solve problems.

A lot of times I make people better by getting stupid, distracting, bureaucratic stuff off their desk. That's an incredibly easy way to make a senior person more productive.

Any business owner can tell you that if their company isn't performing profitably and up to standards, one of two things will happen: either you make changes to improve its efficiency, or a competitor will drive you out of business. Market forces have a way of cutting to the chase rather quickly.

The closest thing to a law of nature in business is that form has an affinity for expense, while substance has an affinity for income.

Being in the consumer business helps us groom talent in areas like marketing, finance and logistics. We can benchmark our outsourcing business to our consumer business and its best practices.