The reason why I take my life is because I want to go to my wife and boy. My usefulness in this world is at an end. I can not be satisfied in any business and can not be without their companionship.
The university's business is the conservation of useless knowledge; and what the university itself apparently fails to see is that this enterprise is not only noble but indispensable as well, that society can not exist unless it goes on.
We cannot afford to have any large section of the business world in doubt whether they have broken the laws or not, and we cannot let the laws become a dead letter through vagueness. In this view it is clear that an administrative commission can render invaluable service.
The common question that gets asked in business is, 'why?' That's a good question, but an equally valid question is, 'why not?'
The problem with taking venture capital is if you take $5m from someone, it may feel great; you may feel like they're validating your business model. But they're giving $5m out to 20 different people, hoping one of them will be a hit. They don't really care if it's you.
Don't solicit feedback on your product, idea or your business just for validation purposes. You want to tell the people who can help move your idea forward, but if you're just looking to your friend, co-worker, husband or wife for validation, be careful. It can stop a lot of multimillion-dollar ideas in their tracks in the beginning.
The fundamental problem with banks is what it's always been: they're in the business of banking, and banking, whether plain vanilla or incredibly sophisticated, is inherently risky.
If achieving the Hong Kong dream becomes a vanishing hope, then our society will suffer. What would the Hong Kong dream be? It's no different from the American dream, whereby an everyday man on the street who works hard would be able to make good savings and use those savings as equity for their future small business.
I wanted to be an actor from a young age, but actually becoming one and seen the ugly side of the world does feel different and sometimes unwelcome. There are shallow, vapid, untalented people zombieing the streets of Hollywood, adding decadence and immorality to an already extravagant business.
Ask anybody who has ever remodeled their house. There's always problems. They open up walls, they find this, they find that. There is always something. I'm in a business where you have to control those variables.
I often think you need a lot of courage to be in the acting business. The job itself can be incredibly challenging for various reasons. Sometimes it's impossible and requires sheer guts.
I'd watch my father get up at 5 o'clock and go down to the Eastern Market in Detroit to do the shopping for his restaurant, and get that business going and then go out on his vending machine business.
Only institutions that go about the old-fashioned business of taking in deposits from customer A and lending them out to customer B should be called banks. The rest should call themselves what they are. 'Parlors' would be appropriate, or 'dens' - words more suitable to venerable betting pursuits.
So many folks in the venture capital business are sheep that just want to follow the herd. They are momentum investors purchasing highly illiquid investments. That is a recipe for disaster.
Startups are companies that are still in the process of searching for a business model. Ventures that are further along and executing their business models are no longer startups; they are early-stage companies.
If you're someone in the business of verifying transactions on a proprietary network, the invention of Bitcoin cannot be safely ignored. It will change or disrupt the providers of most proprietary payment networks in the coming years.
Investment bankers do much of their business underwriting government bonds, in the United States and abroad. Therefore, they have a vested interest in promoting deficits and in forcing taxpayers to redeem government debt.
I have a vested interest in increasing the amount of diversity in my own business. That's something that I care about. So mentoring people who are trying to break into the business who could use a hand, that's the type of person I look for.
When it comes down to hardball, we have a veto pen, and I've used it in the past, and I expect we will have opportunity to use it in the future. That's the nature of the business.
The business part of it can be very vexing. You always have to keep certain metrics and everything. Because all I can do is make a good show.
