I never dreamed I could build a $100 million company. I just happened to build a $1 million company that became a $5 million company, and so on.
Cash is the lifeblood of your business. There are very few things in business that will kill you, but running our of cash is one of those things. You can recover from almost any other mistake, but if you run out of cash you're dead.
Don't ever be enamored by what something sells for. It's more important what you get to keep in your pocket.
I'm really inspired to build a billion-dollar company. The hardest part is building the vehicle to get you there.
I look for the entrepreneur to capture my attention. If you don't come out with a great presentation, you're dead. That's a big red flag.
I was raised by my grandmother on a farm, where we were really poor - we had dirt floors - but so did everybody else.
Some people will lie to you because they mean to. Others will do it to tell you what you want to hear.
Just like any business is a living, breathing thing, an entrepreneur has to be able to adapt over time.
Older cars tend to drive like older cars. That is not for me.
I was one of those guys who never wanted to start their own business. I never saw myself as a leader. I saw myself as a great No. 2.
I own a Ferrari race team, and we race all over North America.
I balance my meals. I have never been a big dessert guy.
I try to get in one, one-hour spinning class per week.
People ask, 'Are entrepreneurs born, or are they made?' I think it's a combination of both.
Long before I had money, my passion for cars was there.
I have my mother's hips. The minute I eat it, it ends up on my hips.
I came from a communist country where there are no luxury cars.
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