Quotes by Tilman J Fertitta - Page 1

If you aren't listening, you are missing out.
Tilman J Fertitta / Businessman
Missing
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You've got to stay strong to be strong in tough times.
Tilman J Fertitta / Businessman
Stay Strong
Strong
Tough
Tough Times
Be Strong
Stay
Times
Got
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Everybody wants to be led. Except for me. I want to lead.
Tilman J Fertitta / Businessman
Except
Led
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We don't use consultants at Landry's. We're our consultants.
Tilman J Fertitta / Businessman
Consultants
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As the economy improves, there aren't as many opportunities.
Tilman J Fertitta / Businessman
Improves
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I'm there for my friends, and I'd like to think I'm there for my employees.
Tilman J Fertitta / Businessman
Employees
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By adding Houston to the Big 12, all it does is make the Big 12 a power conference.
Tilman J Fertitta / Businessman
Houston
Adding
Conference
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I like dealing with a peer so I can bully them. Because then, it's not bullying. It's just warfare.
Tilman J Fertitta / Businessman
Bully
Bullying
Warfare
Dealing
Peer
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I can't draw a stick person. I can't play a musical instrument. But I've always had a knack for making money.
Tilman J Fertitta / Businessman
Knack
Making Money
Musical
Play
Draw
Instrument
Musical Instrument
Stick
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I have no issue with raising minimum wage, but then the customer can't say to us, 'Why are you raising your prices?'
Tilman J Fertitta / Businessman
Minimum
Minimum Wage
Then
Why
Customer
Say
Issue
Prices
Raising
Wage
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If you don't change and mix things up, you're going to get run over. One of the things we preach is change, change, change.
Tilman J Fertitta / Businessman
Mix
Preach
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You have to know your strengths and weaknesses. If you don't have a particular strength, you need to go out and replace that.
Tilman J Fertitta / Businessman
Replace
Strengths
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People throw in the towel because they don't know how to fight. You'd be surprised how much fight you have in you if you just do it.
Tilman J Fertitta / Businessman
Just Do It
Fight People Know
How Much
Surprised
Throw
Towel
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Don't ever let your business get ahead of the financial side of your business. Accounting, accounting, accounting. Know your numbers.
Tilman J Fertitta / Businessman
Business
Accounting
Financial
Numbers
Ahead
Get
Side
Ever
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Everybody notices if you're the last one in in the morning and the first one to go in the evening. Always remember that as an employee.
Tilman J Fertitta / Businessman
Evening
First One
Notices
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I run in a local park two or three times a week. I probably should do more than I do, but I also do weight-lifting along with that cardio.
Tilman J Fertitta / Businessman
Cardio
Park
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I'm not on a special diet, but I do try to stay away from a lot of fried foods and from a lot of carbs. Yes, I eat a little bit of all of it.
Tilman J Fertitta / Businessman
Diet
Carbs
Little Bit
Foods
Fried
Yes
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We're all born with different talents. I'm really not that smart, but I can see things - financially and development-wise. It's just the way we're made.
Tilman J Fertitta / Businessman
Talents
Financially
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When you have to stay late, you stay late, and when you don't have to stay late, you go home. But, you do whatever it takes to get the job done that day.
Tilman J Fertitta / Businessman
Go Home
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You don't see a lot of super-high-end hotels being built in Houston because it's so expensive to build, unless you're in New York and can charge $1,000 a night.
Tilman J Fertitta / Businessman
Expensive
Charge
Hotels
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If anything, I'd say my family was entrepreneurial - my grandfather and father. It was in our blood. But I didn't have this one mentor that was super successful.
Tilman J Fertitta / Businessman
Entrepreneurial
Grandfather
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What I don't like - and I'm concerned about - as a Houstonian is that the SEC is starting to own Houston... There's more talk about the SEC than there is the Big 12.
Tilman J Fertitta / Businessman
Houston
Sec
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I always ask candidates two things: 'How many times have you been fired?' and, 'Do you watch your clock when it's time to go? Do you look at your phone? Do you look at your watch?'
Tilman J Fertitta / Businessman
Candidates
Clock
Time Always Your
Time Look Your
Fired
Time Look Always
How Many Times
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When you're public, you're at the mercy of the markets. You can be doing extremely well, but if the markets are in the tank or your industry is in the tank, you don't get rewarded for it.
Tilman J Fertitta / Businessman
Mercy
Tanks
Wells
Markets
Rewarded
Tank
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I buy things that are good properties that I'm going to have forever. I just don't have any intention to sell anything. I believe you acquire good assets and you keep them and operate them.
Tilman J Fertitta / Businessman
Acquire
Assets
Intention
Good Believe I Believe
Operate
Properties
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The biggest thing I want to see is that people have the drive to succeed. If they can 'take it or leave it,' I don't do business with them. I enjoy mentoring. I like people who want to learn.
Tilman J Fertitta / Businessman
Mentoring
Business People Drive
Biggest Thing
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I know all three facets of the business: the development side, the operations side, and I know how to borrow the money and how to put the deal together. If it was easy, everybody would do it.
Tilman J Fertitta / Businessman
Facets
Operations
Borrow
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I could not pass up the opportunity to build and operate a casino next door to my hometown. This casino will be where Louisiana locals and Texans will want to play, stay, and enjoy themselves.
Tilman J Fertitta / Businessman
Hometown
Louisiana
Casino
Next Door
Operate
Texans
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I ask people what they do in sales, how much money they made last year, what their cost of sales is, and they don't even know. If you don't know your numbers, you're going out of business. I don't care how good your product is.
Tilman J Fertitta / Businessman
Last Year
Numbers
Business Good Money
How Much Money
Sales
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I just don't understand the Big 12 not wanting to own Houston, Texas, which is soon to be the third-largest populous in the United States. To me, it's a no-brainer. I'm just kind of disappointed and shocked it's not an automatic.
Tilman J Fertitta / Businessman
Disappointed
Houston
No Brainer
Shocked
Automatic
Just Kind
Wanting
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I absolutely do not think it's a foregone conclusion that we're going to lose our coach. Tom Herman loves the University of Houston. He's happy to be coaching at the University of Houston, and I think there are only a few places Tom Herman would even consider.
Tilman J Fertitta / Businessman
Conclusion
Houston
Coach
Tom
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When we buy somebody, we cut the head off. We keep the operators who are looking - I hate to use this term - they're looking for a leader. We lead very well. And we immediately spend money on them and make them better. Everybody wants to be led. Except for me. I want to lead.
Tilman J Fertitta / Businessman
Immediately
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I know how to finance something. It's easier today because, as you're more successful, everybody wants to do deals with you. But even in the beginning, when I took Landry's public, I owned 100 percent of it. I never had investors or anything. I was just always able to find a way to do it.
Tilman J Fertitta / Businessman
Finance
Deals
Investors
In The Beginning
Owned
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We will do whatever it takes to keep Tom Herman at the University of Houston. We're not going to lose Tom Herman because of money. If Tom Herman wants to go to LSU or Texas or Oregon or Baylor or wherever else, we cannot stop him from doing that. But it's not going to be because of money.
Tilman J Fertitta / Businessman
Houston
Oregon
Tom
We Cannot
Wherever
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You can put the greatest seafood restaurant next to an average steak house in an urban area, and that steak house will do more business than the seafood place. If you go to the water, you can put an average seafood place next to the greatest steak house, and people are going to eat seafood.
Tilman J Fertitta / Businessman
Business
Average
House
Next
Seafood
Steak
Steak House
Urban
Water
Water People Will
Eat
Greatest
Area
Place
Put
Restaurant
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Most entrepreneurs come up with a product, or they come up with an idea and they think they can be successful with it. But if they don't know the financial side of their business and understand credit and working capital and what it takes money-wise, you can't be successful. The product is just a product.
Tilman J Fertitta / Businessman
Credit
Capital
Entrepreneurs
Product
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There's a lot of administrator and ex-administrators and board of regents from Baylor that say that Art Briles was a scapegoat at Baylor. I've had calls from ex-chairmen of the board of regents there, current big booster there, lawyers that represent Baylor. I have not had one negative call about Art Briles.
Tilman J Fertitta / Businessman
Scapegoat
Administrator
Board
Booster
Calls
Current
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For years, people have been trying to talk to me about doing a show, and I wouldn't do one because I'm a serious business guy. I'm not going to do a stupid show. So, the opportunity came up with CNBC, and we started talking. It became a real business show. It's educational, people watch it, and it's great for small business.
Tilman J Fertitta / Businessman
Educational
Small Business
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I don't care what business it is. I have the greatest respect in the world for that guy that can take an engine apart of a car and put it back together, or the house painter that can paint a perfect line, or the cameraman who can shoot the best shot. We're all talented in our own ways - just some of us make more money than others. That's all.
Tilman J Fertitta / Businessman
Respect
Car
Cameraman
Don't Care
Guy
House
Paint
Perfect
Greatest
Apart
Shot
Talented
Engine
Line
Ways
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I must have a God-given talent, which is the ability to multitask, plus I have great retention. I'm not the smartest guy, but I know how to do what I know how to do. I can handle things, and I don't have a lot of highs and lows. Sure, I might do some things for drama, but I'm not really upset. If you get hit across the head, you must move on.
Tilman J Fertitta / Businessman
Handle
Lows
Plus
Retention
Upset
God-Given
God-Given Talent
Highs
Move On
Multitask
Smartest
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As much as you need to know your operations, if you don't understand the finance side and how to do the business, you're never going to be successful. So you might be the best operator or visionary, but if you don't understand the finance side... I'm successful because I know the finance side, but I also know operations; it's not an accident.
Tilman J Fertitta / Businessman
Finance
Operations
Best Business Your
Accident
Visionary
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Tilman J Fertitta Quotes - Page 1

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