There is a fundamental shift that social media necessitates in business today - the need to transition from 'Me First' to 'We First' thinking.

I happened to come along in the music business when there was no trend.

There are pros and cons of experience. A con is that you can't look at the business with a fresh pair of eyes and as objectively as if you were a new CEO. Fire yourself on a Friday night and come in on Monday morning as if a search firm put you there as a turn-around leader. Can you be objective and make the bold change?

There is no substitute for accurate knowledge. Know yourself know your business know your men.

There's a side to this industry that nurtures divas who can't write. It's a big business.

Obamacare has got everyone on edge. I mean small business - men and women or big business are sitting out there saying we have no idea what this is going to cost but we know it's going to cost us and cost us a lot.

Well there's different shades of Hollywood sure. I mean I'm working in this business but I'm not Hollywood.

I'm trying to build a strong business. I want to create new stars new shows and new products for my audience and create a legacy that outlives me. There are so many other ways I want to reach women besides doing a talk show.

Nowadays it seems more and more like the 'business' in 'show business' is underlined and there are campaigns and it's all part of getting people in to see the movies.

Sweat equity is the most valuable equity there is. Know your business and industry better than anyone else in the world. Love what you do or don't do it.