“Many small businesses are doomed from day one, not from competition or the economy, but from the ignorance of their owners . . . their destiny is already decided because they have no idea how a business should be operated.”
“There are few experiences in life as painful and brutal as the failure of a small business. For a small business conceived and nurtured by its owner is like a living, breathing child. Its loss is no less traumatic than losing a loved one.”
“The worst day-to-day operators of businesses are bankers.”
“Information is a significant component of most organizations’ competitive strategy either by the direct collection, management, and interpretation of business information or the retention of information for day-to-day business processing. Some of the more obvious results of IS failures include reputational damage, placing the organization at a competitive disadvantage, and contractual noncompliance. These impacts should not be underestimated.”
“No longer would other nations, other economies, be taking business and jobs away from the U.S. economy by enacting their own valuable tax reform and simplification measures. As these nations have enjoyed steady gains, we have distracted ourselves with a cacophony of politicians, from both sides of the aisle, yammering about their favorite ideas for using our federal tax code to punish people they don’t like while rewarding people and industries they do.”
“The U.S. government needs to learn from successful private businesses that run an effective and efficient operation in serving their customers and outwitting their competitors.”