Pay Attention To Your Culture

The Challenge When You Think About Product Distribution Is: How Are You Competing For Potential Customers Or Potential Members Time?

I Think The Right Way To Do This Is Just To Step Up And Do It, So I Actually Think We'll See More Of That Over The Next Coming Weeks, Because I Think They'll Say, "we'd Like To Be Good For Business And Quiet On Politics, But This Is Too Urgent, It Is Too Much Of A Key Crisis In Who We Are Going To Become As Americans. We Can Risk Too Much, And So We Have To Step Forward." And I Think You Will See More And More People Stepping Forward, Like Howard Schultz, Steve Case And Other Folks, In Order To Try To Make A Difference In This [donald Trump] Election.

During Normal Times Or Boom Times, There Are Some Parts Of The Business That Are Going To So Well, That That Can Cover For Weakness And Other Parts Of The Business. What Happens During Recessions, Is You Have Less Windfalls Just Helping You Cover Mistakes. You Have To Be More Careful About Not Making Mistakes.

One Thing I Learned In '97, When I Thought The Right Time To Found A Company Was During A Swing-up, Is That It's Much Better To Start During An Economic Downturn. Partnerships Are Easier; Hiring Is Easier; And The Competition Starts Later.

Times Of Economic Crises Can Change What The Competitive Landscape Looks Like, Because When, For Example, You Have Boom Times, Capital Is Easy To Come By, Growth Is Easy, Sometimes What You Focus On Is, You Know, How To Accelerate In The Boom. During Economic Crises, The Question Is, The Companies That Come Out Of, You Know, That Are Sailing Through That With The Best Liquidity, Both Assets On The Balance Sheet, Making Money, Ability To Grow Their Businesses, Get A Disproportionate Competitive Advantage.