Jamie Dimon Quotes

What an economy really wants, after all, is not more investment per se but better investment. It wants capital to flow to companies that will create value - not in the form of a rising stock price but in the form of more goods for less cost, more jobs, and rising wages - by enhancing productivity.

European economists and populations talk too much about redistribution within the member states and across the member states and are talking too little about how to create value in the future—to fortify our position in order to be successful in the future world.

The purpose of business is to make a reasonable return by making products and services that people want and value. If you are not, you are wasting resources.

That's what makes great products. It's not process-it's content.

If you build a great product or service, people will talk about it. But it starts with having something that's worth talking about.

The best feature of a product should really be the customer service.

You don't drive an economy by consuming - the consumer is not the engine, the consumer is the caboose.

Advertising never sold a bad product twice.

I dream of an India that is a hub of opportunities. We can't restrict ourselves to skills only, we need to encourage entrepreneurship.

Companies that build scale for the benefit of their customers and shareholders more often succeed over time.

A customer is never out of warranty, even if his product is.

Product is always king.

I really want to focus on economic growth and growing the economy.

Absence of defects does not necessarily build business... Something more is required.

To create a new business that makes money, and more significantly, employs others, and more significantly, gives a product to a customer that improves their life, is our greatest challenge, our greatest opportunity, and the greatest gift, far greater than any charity that we can give our fellow person.

If we had 3 percent growth, which is what we're trying to get to, what we're at, by the way, right now, we're trying to maintain that 3 percent growth. If we had been at 3 percent growth over the last ten years, the budget very nearly would be balanced in 2017. That's how big a difference it makes when you grow the American economy that additional 1 percent over ten years.

We're very genuinely designing the best products that we can for people.

We are really pleased with our revenues but our goal isn't to make money. It sounds a little flippant, but it's the truth. Our goal and what makes us excited is to make great products. If we are successful people will like them and if we are operationally competent, we will make money.

The profit motive promotes economic growth by creating better products at cheaper prices.

When a small business grows like eBay did, it has a multiplier effect. It creates other small businesses that supply it with intellectual capital, goods and services.

So, always start with a product, always start with a customer, always start with a service and how this product or service will dramatically improve the quality of the life or the work of the customer.

Growth is the mantra of our society because the economy can't remain healthy without growth.Impregnable monopolies aside (and these are few), profits are both the hallmark of capitalism and its Achilles heel, for no business can permanently maintain its prices much above its costs. There is only one way in which profits can be perpetuated; a business-or an entire economy-must grow.

Recent rampage is a function of the exponential growth of populations and economies. It has to do with globalization and the steady increase in computational power.

You can market your ass off, but if your product sucks, you're dead.

Our history has shown us that the strongest growth in our economy is inclusive, broad-based growth.