Assets Quotes

“The more material we lose, the less we have. The less we have, the more we win.”
― Anthony Liccione

“It’s better to have one huge filing with lots of detail, data, and use cases than a dozen failed filings of five to ten pages each. Minimum filing requirements are not minimum requirements to secure a patent. Who does your patent keep out, and how? Your goal in creating IP is for it to be valuable, to be connected to the company, to be linked to your products or service, and to keep out competitors.”
― JiNan George, The IP Miracle: How to Transform Ideas into Assets that Multiply Your Business

“Every business has to prioritize protecting its assets.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“If you can’t communicate it, you can’t file a proper application. If you can’t file properly, you can’t secure a patent.”
― JiNan George, The IP Miracle: How to Transform Ideas into Assets that Multiply Your Business

“If you’re not filing patents, but your competitors are, all you have is risk. You’re taking a huge chance that no one else will enter your space and kick you out. That’s the benefit of patents; you don’t have to let everybody in. You can let just a few major players in because you want what they have, or you don’t want to worry about them. Remember, you’re not at the big boys’ lunch table. But if you partner with their competitor, they’ll be worried. Then they’ll want to see if your patent protection is strong or if they can exploit a weakness.”
― JiNan George, The IP Miracle: How to Transform Ideas into Assets that Multiply Your Business

“The bankers and financiers are badly overplaying their hands, again, and people are starting to catch on to the scam.

Real wealth is tangible things produced with tangible effort. Loans made out of thin-air 'money' require no effort and are entirely ephemeral.

But if those loans are used to acquire real ownership of real assets, then something has been exchanged for nothing and one party is getting screwed.”
― Chris Martenson

“If you'd like to gain a new understanding of assets and liabilities, get into gardening.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“Asset protection is critical in business. And the best way to protect an asset is with systems that self organize and self execute behaviors which function as protective to the asset.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“As the economy evolves and new technologies emerge that change the way value is exchanged, the kinds of things that we call assets also evolve and change. Assets in 2022 encompass a much broader scope of things than assets in 1922. And assets in 2050 will include new things that maybe don't even exist today or old things that have new roles. The definition of an assets doesn't change, but the kinds of things that are assets changes as society changes.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“It's important to always keep the business' assets growing. Inflation will make sure that expenses grow, so each business needs to make sure that it's assets are growing to at least compensate for those inflationary pressures.”
― Hendrith Smith

“A company can't produce income without assets. So protecting assets is critical to the survival of every company.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“An asset is anything that puts money in your account consistently and results in net value increases.”
― Hendrith Smith

“One day I hope for Mayflower-Plymouth to perhaps have more than $1 Trillion in Assets Under Management.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“Capital is a living substance and it is expected to grow and to multiply and to compound. And the more capital we have, the more of it we can get, and the more income we can command.”
― Hendrith Vanlon Smith Jr, Investing, The Permaculture Way: Mayflower-Plymouth's 12 Principles of Permaculture Investing

“It's hard to keep a company going with little cash, little sales, high debt and decreasing asset values. If a company ever gets into this situation, it's a wrap.”
― Hendrith Smith

“A liability is anything that causes you to spend money and results in net value decreases.”
― Hendrith Smith

“When surplus assets sit idle in companies, this is its own form of waste. Unproductive capital is a form of waste. Idleness is a form of waste.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“Whenever expenses become greater than income, it is inevitable that liabilities will become greater than assets.”
― Hendrith Vanlon Smith Jr

“Risk is amplified if the business doesn’t have clear title to its assets.”
― Hendrith Vanlon Smith Jr

“It is imperative to acquire assets at a financial cost that is less than their value. Timing the purchase based on changes in the marketplace or other factors may present great opportunity to widen the margin between cost and value.”
― Hendrith Vanlon Smith Jr, Investing, The Permaculture Way: Mayflower-Plymouth's 12 Principles of Permaculture Investing

“Good character is much more valuable than content knowledge. However, the combination of both is an asset for making an impact on those around us”
― Norbertus Krisnu Prabowo

“Capital leveraging is something that takes place in natural ecosystems. For example, the trees leverage capital in service to the birds.”
― Hendrith Vanlon Smith Jr

“Look at nature. The most urgent priority is the stewardship of capital”
― Hendrith Vanlon Smith Jr

“Is it really an asset if it doesn’t provide income?”
― Hendrith Vanlon Smith Jr., The Wealth Reference Guide: An American Classic

“You are scared centralized exchanges like Coinbase and Binance can take your assets if they go bankrupt. Do you know your bank can do the same thing, right?”
― Olawale Daniel

“You gotta know when to cut your losses, and how to turn them into lessons. Once a lesson is well-received, your loss becomes tuition and your liability becomes an asset.”
― J.S. Wolfe, The Unfolding: A Journey of Involution

“It seems the USA loses most wars it gets involved in.”
― Steven Magee

“I am surprised at how many people in their thirties onward appear to own no assets!”
― Steven Magee

“I will not have a relationship with a lady that does not own her own home.”
― Steven Magee

“Not owning a home from your twenties onward is a big red flag that a person is not financially competent!”
― Steven Magee