Best quotes by Tilman J. Fertitta on Business

Checkout quotes by Tilman J. Fertitta on Business

• ‟ Don't ever let your business get ahead of the financial side of your business. Accounting, accounting, accounting. Know your numbers.

  - Tilman J. Fertitta
  

• ‟ 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
  

• ‟ 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
  

• ‟ 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
  

• ‟ 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
  

• ‟ 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
  

• ‟ 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
  

• ‟ 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
  

• ‟ 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