Business is the art of extracting money from another man’s pocket without resorting to violence.
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There are people who are really good managers, people who can manage a big organization, and then there are people who are very analytic or focused on strategy. Those two types don’t usually tend to be in the same person. I would put myself much more in the latter camp.
I really don’t retain information – by the time I arrive wherever I’m going, I already forget what it is that I wanted to say.
Building a mission and building a business go hand in hand. The primary thing that excites me is the mission. But we have always had a healthy understanding that we need to do both.
It strikes me as bad manners for a magazine to accept one of my advertisements and then attack it editorially – like inviting a man to dinner then spitting in his eye.
If you find out what men want and give them that, you are pleasing them. If you find out what is good for them and give them that, you are performing a service. That’s what we are trying to do.
It is flagrantly dishonest for an advertising agent to urge consumers to buy a product which he would not allow his own wife to buy.
People in the beauty community don’t like copycats, so I think it’s important to stay true to who you are and people will stay your customer.
Our friendship was based on my payouts. That wasn’t a friendship when – as, for example, it’s me, my friends, we are friends for many years, and it doesn’t matter for me what the position is, where they work; we simply are friends. And with Mr. Berezovsky, our friendship was based on my payoffs.
We decided not to show One Hyde Park til we were 100% ready. A lot of people open the doors too early.
I was never involved in arms trading. In the Russian Federation, arms trading is the prerogative of the state.
Fairs and public displays are the best means we have yet found of showing large numbers of people the real methods of industry.