How To Lead The Family Business — Quote 6
““The dollar is round.” This was one of my grandfather’s adages, a Mortonism that people inside and outside Premier have shared and repeated over the years. It’s a reminder that money has a way of rolling in and rolling out. It definitely applies to challenges like innovation, when it can be easy to turn on the money spigot in hopes that just a little more investment will push your project over the top and turn an apparent failure into a success. Yes, you have to spend money to make money. But you’d better make sure that there’s a clear purpose for every dollar you spend,and a likely payback coming. Since the dollar is round, you never know when it will bounce your way or roll away, out of sight. So when you are lucky enough to have it, use it wisely, save some of it for tomorrow, and give generously to those in need.”
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