Lu Guanqiu Quotes

Backing a company is a serious business.

I love the business of business; I love the risk raking.

$200, 300 million games, I'm a little scared about that; there aren't a lot of companies that have the resources or the courage to spend that much.

If Wal-Mart invests a billion dollars and others invest $100 million, Wal-Mart is going to grow more.

You have to spend a lot to make a lot. It's not like I'm sitting on top of a pile of money.

When an entrant competitor attacks the low end of any market, the rational reaction of the incumbent firms is to abandon rather than defend it - because the low end is the least profitable of their possible investments.

If you are handed something, it's a blessing and a curse. Look at hip hop artists, they produced everything themselves. Even people like Robert De Niro are getting into production. Again, it's art vs. marketing. Not everyone can take the risk. You have to break a few eggs to make a good omelet.

We all get into business, and we take a risk in terms of putting capital.

Arcadia was a typical venture capital deal, but I'm the adventurer and the capitalist.

Entrepreneurs love to view risk as binary. The more you put on the line, the greater the potential for reward.

I put my own money up when I have a vision and believe in something. If you want a company to put money into something, then most of the time, they want to water your project down. When it's your money, it's your vision from the beginning to the end result.

If you want your company to succeed, you have to have the confidence in your business to take a bet on its future - to risk destroying a mediocre business model for the chance to have a strong one.

When I first saw my line in stores, that's when it really hit me that there was a consumer on the other end of it all, and they were going to have to spend their own money on it. So there was that initial panic. I remember thinking, what if nobody buys it?

I think the rise of A.I. is bigger than the rise of mobile. Large companies are sometimes as worried about startups as startups are about large companies. Ultimately, it will be about who delivers the best service or product.

Just as water is a key ingredient to growth on the farm, capital is required for businesses to thrive.

The economic costs of starting your own business can be significant; in fact, most new startup companies fail because of undercapitalization.

Most companies are out to make money. They aren't worried about anything except whether they can buy their new BMW next month.

I won't say that 'shotgun' is the word I'd prefer to use, but we certainly do a lot of investments.

Competition matters.

Being an entrepreneur is all about risk. Being an entrepreneur is like going to Vegas every day and shoving all of your chips into the middle of the table every single day.

Of course I have other passions... but my real investment obviously without a second thought is LVMH and what my father created.

A lot of people want to start a business, and they're like, 'I wanna start a business, give me some money to invest.' Where is your business plan? Are you investing money yourself into your own business? How is this going to work? People think that they can just come to you with an idea and have money.

I took a risk and invested in SM Mall of Asia because I wanted to create something that could contribute to Philippine tourism growth.

Business comes and goes and we make a strategic decision that could lead you to whole new place.

Money is always a motivating factor, but money has never been my driving force. In my first fight, I paid the promoter in order for me to fight. I was in the hole 300 bucks for that. Money has always been a byproduct of me doing something I love.