A firm for instance that does business in many countries of the world is driven to spend an enormous amount of time labour and money in providing for translation services.
Barack Obama's life was so much simpler in 2009. Back then he had refined the cold act of blaming others for the bad economy into an art form. Deficits? Blame Bush's tax cuts. Spending? Blame the wars in Iraq and Afghanistan. No business investment? Blame Wall Street.
In principle there are only three main components of spending that much matter to monetary policy: consumer spending business investment and exports and trade.
If you have a line of business - I know this as a CEO - or if you have a teenager - I know this as a parent - who have a spending problem what do you do? You quit giving them money.
My approach to cutting spending as president is to do a ten percent across the board cut of all federal agencies and then ask each of my new agency heads to find another ten percent by drilling down. That's what you do in business to come up with approximately 20 percent cuts for the first fiscal year budget.
I'm someone who loves to enjoy life and tries to focus on real things and real friendships. That's why I live very simply. I'm a jeans and T-shirt kind of girl. I don't spend much time fixing myself up or trying to look cool. I live like a normal person and even though I'm in a very high-profile business I really don't let it affect the way I live.
If you spend your life competing with business men what do you have? A bank account and ulcers!
Look at growth look at how much time people spend on the Net and look at the variety of things that they are doing. It's all really good so I am actually encouraged by the fundamentals that underlie usage growth on the Net.
Spend a lot of time talking to customers face to face. You'd be amazed how many companies don't listen to their customers.
Do more than is required. What is the distance between someone who achieves their goals consistently and those who spend their lives and careers merely following? The extra mile.