On our profit margins, honestly on all our products…
“On our profit margins, honestly on all our products, anything we work on in in the industry, I do not touch it unless it is double digits.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Profitability standards require that any product line achieve at least double‑digit margins before investment.
In simple terms: Only double‑digit margins matter.
Set high profit thresholds.
Themes
Mood
Type
When to use this quote
- budget reviews
- product launches
- pricing strategy
- financial forecasting
Key Concepts
Questions to Reflect On
- Are double‑digit margins always necessary?
- How to value strategic market entry?
May ignore long‑term value of low‑margin products.