Jon Xavier

“Having the cash is only part of the solution. Once your business has the cash, the real task now is to invest it wisely and in a way that'll result in growth and greater profit.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“If your business is getting into debt, you gotta ask yourself what is the cost of servicing that debt. Do a simple cost benefit analysis. If the cost of servicing the debt is bigger than the potential profits that the debt will help the business to yield, then that means the business should not take on that debt.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“Companies should not gamble with leverage. Companies shouldn't gamble on borrowed money. If a company is going to borrow and leverage other peoples money, it should be going toward something profitable, stable and safe. Executives can't predict the future with any certainty, but they can do their research and due diligence. And they can be methodical and strategic as opposed to reckless.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“In business, you gotta provide value. That's an essential of business. Technologies evolve and sometimes new technologies enter the mix - new apps, new platforms, new patterns of consumption, new ways to produce.... The ways value is produced and consumed is endlessly changing. But the necessity for businesses to produce value and the fact that what people actually buy is value; that never changes.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth