Ajay Piramal Quotes

The key, I think, from a business point of view, is to learn how to be efficient in making a record that's not too expensive, so that you're not going crazy spending tons of money making a product that might not ever return that money.

Just like a script, you need to keep a business plan to yourself.

Even though I'm a hype man myself, I like the practicality of it all. People who understand how to turn a profit. At the end of the day, this is still business so I'm looking for real practical knowledge of how to actually make money, not necessarily raise it.

People must be realistic when evaluating their business.

Competition is the keen cutting edge of business, always shaving away at costs.

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

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.

You start a business, and you really don't have much of a budget.

I think it's natural for any manager to want to grow his business. The question is at what rate, and in what direction, and in what format?

The considerations of a corporation, especially now, have nothing to do with art or music.

In business, the competition will bite you if you keep running, if you stand still, they will swallow you.

Business 2.0 was hugely profitable last year, and will be profitable this year.

There is no resting place for an enterprise in a competitive economy.

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.

Businesses will ultimately go where the markets and opportunities are.

Even when the business took a real nose-dive, you're thinking, 'OK, how are we gonna get out of this? What we gonna do? We can work harder.'

Having my own label, I have to look at things in a realistic, bottom-line manner.

I make no claim to being a business genius. You can make so much money in this business that it loses its value.

The tools used by economists to analyze business firms are too abstract and speculative to offer any guidance to entrepreneurs and managers in their constant struggle to bring novel products to consumers at low cost.

The competition principle does not mean a competitive edge, comrades

Sometimes, for businesses, competition can be inconvenient, because competition means that the race is never over, the game is never won. No matter how well you were doing in the past, there's always someone who are out there wanting to take your place. So the temptation to avoid competition is powerful. It's rooted in motives as old as Adam and Eve: in greed for yet more money, in fear of losing your position in the market and all the benefits it brings.

I truly believe that the combination of a strong top line together with a strong bottom line is what makes for a sustainable business.

To be successful in business, you have to be ruthless.

The challenge of any business owner is not only to keep the saw sharp, but also to know if you even have a need for such a tool.

We are going to continue to run a business, and we are going to continue to meet the supply and demand that's out there.