Chief executives at charitable hospitals in Massachusetts received substantial pay and benefit increases in fiscal year 2005, for the first time boosting their overall compensation to more than $1 million at most of the largest institutions. Also, the highest-paid hospital executive in the state, Partners HealthCare chief executive James J. […]
Phil
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Old saying: When you owe the bank $10,000 and can’t pay up, you’re in trouble. When you owe the bank $10,000,000 and you can’t pay up, the bank is in trouble.
Venture capitalist Howard Morgan long spoke of the “Four P’s” of sizing up a business for potential investment: People, Product, Plans and Profits. Later, he added two more: Starting about 1996, when I was a lead investor in Idealab, I was inspired by Bill Gross to add a Fifth P. […]
Some of you will be going into business. For that you need two eyes. With one eye you have to check accounts receivable and accounts payable, overhead and profit margins, payroll and insurance costs. With the other you have to attend to your employees – are they receiving just reward […]
If I don’t practice one day, I know it; two days, the critics know it; three days, the public knows it. — Jascha Heifetz, quoted in Forbes Magazine‘s Thoughts on the Business of Life
You can work a 8-hour shift without spirit, but it ain’t half worth much, you know? — poet Barbara Presnell
Excerpt from: An Unordered List of Thoughts I Had During a Conference Call with a Potential Client Today: – There’s no way in hell this is going to be under thirty minutes. Why are you lying to me? It’s not possible. You know it’s not possible. You are a liar, […]