Quotes by Marcus Lemonis - Page 1

I'm not a seller. I'm a holder.
Marcus Lemonis / Businessman
Holder
Seller
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Money is the by-product, it is not the purpose.
Marcus Lemonis / Businessman
Products
Purpose
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It's a privilege and not a right to own a business.
Marcus Lemonis / Businessman
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You can't run a business just by selling one thing.
Marcus Lemonis / Businessman
Selling
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The only thing I did well was learn how to make money.
Marcus Lemonis / Businessman
The Only Thing
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Control your cash. Stick to your core business. Know your numbers.
Marcus Lemonis / Businessman
Cash
Numbers
Sticks
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I have trouble falling asleep. I have trouble shutting my mind off.
Marcus Lemonis / Businessman
Asleep
Falling
Shutting
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If you respect people, and you pay them well, they will do anything for you
Marcus Lemonis / Businessman
Pay
People
Wells
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Small businesses are a risky proposition, and most celebrities want a home run.
Marcus Lemonis / Businessman
Home Run
Celebrities
Proposition
Risky
Small Businesses
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You have to assign specific tasks to everybody so you don't bump into each other and start arguing about silliness.
Marcus Lemonis / Businessman
Arguing
Silliness
Assign
Bump
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I want to prove to people that every single business can be reinvented and fixed. And I want to prove to myself that I'm good at it.
Marcus Lemonis / Businessman
Fixed
Good Business Myself
Reinvented
Business Good Myself
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Working and being involved in multiple businesses and fixing things has almost turned into an addiction, but I can't seem to want to change it.
Marcus Lemonis / Businessman
Addiction
Fixing
Multiple
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I regret the Pro Fit investment because I didn't know that I was dealing with people who were more concerned about the exposure than fixing their business.
Marcus Lemonis / Businessman
Exposure
Fixing
Investment
Regret
Business People Know
Dealing
Pro
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The likelihood of success drops dramatically when you expand, especially in the services business. And there's a lot of capital that goes into opening another office.
Marcus Lemonis / Businessman
Likelihood
Opening
Capital
Dramatically
Drops
Expand
Services
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When selecting businesses, I first have to be enticed by the product or the industry they are in. Then I look for passion. If a company has these two qualifiers, I go for it.
Marcus Lemonis / Businessman
Go For It
Selecting
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It's okay to work for someone else; not everyone is cut out to own a business, and even so, working for someone else is a chance to learn how to both be an employee and an employer.
Marcus Lemonis / Businessman
Okay
Employer
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The most disappointing businesses, for me, are the ones where the people flat-out lie. I had one in Queens where I gave them a couple hundred thousand dollars and they started spending it on themselves.
Marcus Lemonis / Businessman
Queens
Disappointing
Dollars
Thousand
Me Lie People
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I'm a big believer that if you're happy and your employees are happy, your customers are going to be happy. If you're unhappy and your employees are unhappy, there's no way your customers are going to be happy.
Marcus Lemonis / Businessman
Believer
Customers
Unhappy
Be Happy
Big Believer
Employees
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The best advice I ever got was from Lee Iacocca.... It was get into a business where you can be a big fish, not the little fish. Get into a business where you can be a change agent, where you can make a difference.
Marcus Lemonis / Businessman
Advice
Big Fish
Differences
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I don't know if people consciously get in the way of their own success. In fairness, people have a lot of pride, and they fall back on what they know to be safe and correct. Anybody, including me, struggles with change.
Marcus Lemonis / Businessman
Fairness
Pride
Correct
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If I ever took a business public, I wouldn't want to take the shares off the table. I don't want people thinking I'm doing it just to make money and then going to run for the hills. I think that's a very important distinction.
Marcus Lemonis / Businessman
Distinction
Hills
Shares
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People are the core of every business. Businesses are based on relationships, and relationships are based on people. I would go to an average restaurant run by amazing people over an outstanding restaurant run by awful people.
Marcus Lemonis / Businessman
Amazing
Business
Amazing People
Average
Awful
Core
Outstanding
Based
Businesses
Run
Relationships
Restaurant
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Put no more than three messages on a lemonade stand. You have to describe what your product is, why it's the best, and how much it is. Don't be drawing turtles and flowers and footballs all over it, distracting people. Keep it clean.
Marcus Lemonis / Businessman
Drawing
Lemonade
Messages
Over It
Best Your People
Describe
Distracting
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I'm really not a great businessperson. I understand business, and I understand numbers, but I think what I understand more than that is people... Ultimately, I think businesses fail and people fail because they don't have their act together.
Marcus Lemonis / Businessman
Numbers
Businessperson
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I became an entrepreneur as a child. I liked the art of the deal whether I was mowing lawns or selling candy or promoting clubs at the age of 16. I understood early on the importance of knowing my numbers and surrounding myself with the best people.
Marcus Lemonis / Businessman
Candy
Clubs
Entrepreneur
Importance
Numbers
Selling
Understood
Surrounding
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The weirdest place someone has asked me for advice was at a party where there were a lot of A-list celebrities and super-wealthy people. There were people in the middle of mingling asking for investment advice, and I'm like, 'Hey, I'm just here to dance. I'm here to have fun!'
Marcus Lemonis / Businessman
Hey
Investment
Mingling
Me People Fun
Celebrities
Have Fun
Weirdest
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Usually, you can figure out where a person's mistakes came from if you ask them the genesis of their thought process: 'Why did you do it this way?' As opposed to telling them they did it the wrong way. Understanding their thought process will ultimately help you be able to communicate with them and navigate around them.
Marcus Lemonis / Businessman
Communicate
Genesis
Navigate
Thought Process
Wrong Way
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Marcus Lemonis Quotes - Page 1

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