When selecting businesses, I first have to be enticed by the product or the industry they are in. Then I look for passion. If a company has these two qualifiers, I go for it. Marcus Lemonis businesscompanyentice Change image and share on social
Working and being involved in multiple businesses and fixing things has almost turned into an addiction, but I can't seem to want to change it. Marcus Lemonis addictionbusinesschange Change image and share on social
Usually, you can figure out where a person's mistakes came from if you ask them the genesis of their thought process: 'Why did you do it this way?' As opposed to telling them they did it the wrong way. Understanding their thought process will ultimately help you be able to communicate with them and navigate around them. Marcus Lemonis communicatefiguregenesis share on social
The most disappointing businesses, for me, are the ones where the people flat-out lie. I had one in Queens where I gave them a couple hundred thousand dollars and they started spending it on themselves. Marcus Lemonis businesscoupledisappoint share on social
I don't know if people consciously get in the way of their own success. In fairness, people have a lot of pride, and they fall back on what they know to be safe and correct. Anybody, including me, struggles with change. Marcus Lemonis backchangeconsciously share on social
If I ever took a business public, I wouldn't want to take the shares off the table. I don't want people thinking I'm doing it just to make money and then going to run for the hills. I think that's a very important distinction. Marcus Lemonis businessdistinctionhill share on social
You have to assign specific tasks to everybody so you don't bump into each other and start arguing about silliness. Marcus Lemonis argueassignbump Change image and share on social
Put no more than three messages on a lemonade stand. You have to describe what your product is, why it's the best, and how much it is. Don't be drawing turtles and flowers and footballs all over it, distracting people. Keep it clean. Marcus Lemonis cleandescribedistract share on social
You can't run a business just by selling one thing. Marcus Lemonis businessrunsell Change image and share on social