Business Diversification Quotes

We see Google experimenting in so many places outside of its core search and advertising business, whether that's bringing broadband Internet to the world or funding an entirely separate company to pursue solutions to disease and mortality. Amazon's one of the few other companies that thinks as big as Google does.

Look back to the old days: people bought an MS DOS machine and struggled with it for weeks to bring it up to speed. Then Apple created Macintosh, struggled a bit with it, but eventually succeeded. Then it went into other businesses. If your company truly wants to change the world, it would make these problems go away for customers.

I do a lot of media work, I've been investing and I'm involved with real estate. It's totally different from what I had been doing but I find it challenging and fun. To be honest, I really don't miss the track. I pretty well accomplished what I set out to do and it was time to move on.

Berkshire Hathaway can transfer excess capital from businesses that don't need it to businesses that do need it, tax free and in a way that enhances compound annual growth rates.

Fortunately, in Piramal Enterprises, we are in three broad sectors. One is in the whole financial services sector, the second is in pharmaceuticals, and the third is in healthcare analytics and data.

It's an advantage for both parties to have the other. It also creates good stability of earnings. Our business mix means we have a diversified earnings stream, which is one of the things why we got through the tough times so successfully.

At 25, I made many companies. I was thinking more like a businessman or entrepreneur than a CEO. I created many companies, small companies, medium companies. I tried to be involved in many kinds of activities, in finance, in real estate, in mining.

Diversifying the business is definitely a good thing.

It is one thing to seek out new ways to grow your company and new potential streams of income from new services or products, but it is quite another to take on responsibilities that are far from your primary job as Entrepreneur.

I like to think I have a good few years left of my career yet, as long as I stay fit and healthy. However, it's always good to have a backup plan, which is why I have been working hard to build my business portfolio outside tennis.

I started out with a carpet-cleaning business. Then I had a lunch wagon business, where you pull up and serve food. Then I had bars and then restaurants.

I feel like my 'paycheck' being cut on YouTube was almost like a wake-up call to be like, 'Hey, don't be conformable, expand the business.'

Traditional computing is always going to be a part of AMD's business, but our technology can go further.

Evolution has been the key tenet of success over the past 13 years, and we have transformed from a single subscription e-commerce image business into a company with a diversified portfolio of content offerings, servicing the needs of businesses of all types and sizes globally.

We need to stop defining Boeing's future based on a single program or two programs, and we have been doing that with the fighter story. It doesn't mean it was wrong or right; I just don't think it represents the great diversity of the Boeing Defense portfolio.

I spent some time studying Toyota, because how could a loom maker - they made looms. That was their business for 50 years, 35 years - and then they decided to go into the car business after everyone else was in the car business.

I'd love to have a production company one day, and I'd love to maybe venture out with other industries.

Church wealth are moving into everything-gas stations, banks, television stations, supermarket chains, hotels, steel mills, resort areas, farms, wine factories, warehouses, bottling works, printing plants, schools, theaters-everything you could conceivably think of that has nothing to do with religion, they are moving into big. They're even coming in as stockholders in the big oil companies, and the Bank of America is almost entirely owned by the Catholic Church.

We don't want to bank all our risk on a small collection of big companies. We don't want to lose 20 percent of our business if one big account goes away.

I've started to believe that the agency business is a great ingredient of a much bigger business - more than just what typical advertising agencies have done.

I hate the word universal, because I don't know exactly what it means. The question is, does it work for the client? Travelers was a diversified, financial conglomerate that did very well. The businesses had nothing to do with each other.

I've always defined myself not as a cartoonist, but as an entrepreneur. That was true before I tried cartooning. I always imagined cartooning would be how I got my seed capital. I always thought my other businesses would be the less dominant part of my life.

Virgin could never have grown into the group of more than 200 companies it is now, were it not for a steady stream of intrapreneurs who looked for and developed opportunities, often leading efforts that went against the grain.

None of our family businesses were focused on technology. It was '93 when I came out of law school, and the Internet was taking hold. So I started New World Ventures.

My basic strategy is to stick to my core business, and to my area of expertise. My businesses are all related - retail, shopping centers, banking, real estate and tourism development. Together they create synergy.