Business Quote by John Templeton
“Do your homework or hire wise experts to help you. Never jump into a business you have no idea about.”
About This Quote
Source Letter: Business Advice, unknown source
One should either do their own homework or consult experts, and avoid entering unfamiliar businesses without knowledge.
In simple terms: Do research or seek expertise before starting a business.
Key Takeaway
Educate yourself or get expert help.
Themes
business
learning
risk management
Mood
practical
advisory
Type
business
financial
When to use this quote
- Entrepreneurship
- investment decisions
- career planning
Key Concepts
due diligence
expert consultation
Questions to Reflect On
- What research is essential before a startup?
- How do you choose reliable experts?
A Different Perspective
May oversimplify complex ventures.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)