Business Quotes

My job is to listen to ideas, maybe cook up a few of my own, and make decisions based on what’s good for the shareholders and for the company.

The mission statement of my company, Kathy Ireland Worldwide, is to find solutions for families, especially busy moms. I’m reaching out to busy moms because that’s what I am. That’s what I know, and I know this woman has been underserved.

With some exceptions, the wrong people are running U.S. companies. It’s been that way for years, and it hasn’t gotten much better.

A great company in the media business needs visionary leaders, not a conglomerate structure headquartered in Columbus Circle that second guesses.

We have bloated bureaucracies in Corporate America. The root of the problem is the absence of real corporate democracy.

We’re looking for something where we can make something happen: an industry where the competition is asleep, hasn’t taken advantage. It’s going to be hard to find another Blockbuster, but that doesn’t mean you can’t have three good companies growing. The point is, we’re going to be busy.

The faster we grew, the more stores we had open, the more money we made. Employees move quickly up the ranks of a company that’s growing fast. Shareholders made a lot of money. If you invested $25,000 from January 1987 to January 1994, you’d have more than a million dollars. I get a lot of personal satisfaction from that.

It’s not a question of arriving and putting in a whole new administration, but instead, arriving and “compacting” things as much as possible, reducing management layers. We want as few management layers as possible, so that executives are very close to the operations. We also don’t believe in having big corporate infrastructures.

I’ve always said that the better off you are, the more responsibility you have for helping others. Just as I think it’s important to run companies well, with a close eye to the bottom line, I think you have to use your entrepreneurial experience to make corporate philanthropy effective.

Businesses are made by people. We’ve proven time and time again that you can have wonderful shop, and put a bloke in there who’s no good, and he’ll stuff it up. Put a good bloke in, and it just turns around like that.