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"It is unwise to pay too little. When you pay too much, you lose a little money; that is all. When you pay too little you sometimes lose everything,because the thing you bought was incapable of doing the thing you bought it to do.
The common law of business balance prohibits paying a little and getting a lot. It cannot be done.
If you deal with the lowest bidder, it is well to add something for the risk you run and if you do that, you will have enough to pay for something better.
There is hardly anything in the world that someone can’t make a little worse and sell a little cheaper – and people who consider price alone are this man’s lawful prey”.
- John Ruskin
"The price of anything is the amount of life you exchange for it."
- Henry Thoreau
Tuesday, 28 July 2009
Friday, 3 July 2009
Peter Jones's view on the current climate
A new article on www.smallbusiness.co.uk by Peter Jones, which I thought would interest you:
‘We are out of the recession,’ says Jones
Jun 30 2009
'We are out of the recession,' says Dragons' Den star Peter Jones
Serial entrepreneur and Dragons’ Den investor Peter Jones believes UK businesses have seen the worst of the economic crash.
‘We are out of the recession,’ said Jones. ‘People will say we remain in a recession over the next 12 to 18 months but what we will be seeing from now on are just the consequences of hitting the bottom of the recession.’
Speaking at the BT Business Experience 2009 event in London, the Dragons’ Den star argued that if there was a better sense of entrepreneurship in the UK, then the recession would be ‘a lot more shallow’.
‘We lack the mindset of entrepreneurialism in this country. It requires forward thinking, clarity and self-belief and these need to be encouraged,’ he said.
By way of contrast, Jones noted that the US has a deeply-rooted culture of risk-taking. ‘We need more of that entrepreneurial attitude in this country and that can only happen through education,’ he said.
Jones has seen an unprecedented level of interest from young people in starting their own business, but he suggests many of them shy away from putting their ideas into action because the business skills of entrepreneurship are not taught in schools.
‘It’s all about education and that is why I set up the National Enterprise Academy,’ added the Dragon.
The Academy was set up last year and helps 16 to 18 years olds to study enterprise and entrepreneurship.
‘We are out of the recession,’ says Jones
Jun 30 2009
'We are out of the recession,' says Dragons' Den star Peter Jones
Serial entrepreneur and Dragons’ Den investor Peter Jones believes UK businesses have seen the worst of the economic crash.
‘We are out of the recession,’ said Jones. ‘People will say we remain in a recession over the next 12 to 18 months but what we will be seeing from now on are just the consequences of hitting the bottom of the recession.’
Speaking at the BT Business Experience 2009 event in London, the Dragons’ Den star argued that if there was a better sense of entrepreneurship in the UK, then the recession would be ‘a lot more shallow’.
‘We lack the mindset of entrepreneurialism in this country. It requires forward thinking, clarity and self-belief and these need to be encouraged,’ he said.
By way of contrast, Jones noted that the US has a deeply-rooted culture of risk-taking. ‘We need more of that entrepreneurial attitude in this country and that can only happen through education,’ he said.
Jones has seen an unprecedented level of interest from young people in starting their own business, but he suggests many of them shy away from putting their ideas into action because the business skills of entrepreneurship are not taught in schools.
‘It’s all about education and that is why I set up the National Enterprise Academy,’ added the Dragon.
The Academy was set up last year and helps 16 to 18 years olds to study enterprise and entrepreneurship.
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