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" Wherever I go in the world, I put aside several days to go visit the stores. "
Theo Paphitis
Wherever
Go
World
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" When I was on 'Dragons' Den,' most of the letters I received were from people under 16. They wrote about their ideas, their views, their challenges. The audience is actually a very young audience. "
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" A lot of multinationals have long, drawn-out processes and are pretty useless at putting products on the shelves quickly. "
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" No major technological change has ever been instituted by mankind without an array of negative consequences. The motor car has meant liberation for millions, but it has also caused congestion, environmental damage, and a disturbing death toll on the roads. "
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" I'm not a risktaker. I'm the total opposite. "
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" I'm a traditionalist, a family man. I love my kids. I believe I have brought them up the right way. They are all very different: they have different drives, different ambitions. They are never going to be me. They are going to be themselves. "
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" I hate mornings. "
Theo Paphitis
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" My whole business philosophy is based on a risk-reward ratio. But it's got to stack up. If it doesn't, don't do it. You might as well go to a casino. "
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" I'm a very considerate spender. I'm a shopper, and I do spend money, but I think about it first. "
Theo Paphitis
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" The decisions you make when you leave school define the rest of your life. So, in terms of making the right choices for your financial security as you get older, my best advice is to do something you have an interest in and are passionate about, as you'll be working for a long time. "
Theo Paphitis
School
Best
Decisions
" What's crucial in a High Street store is a compelling reason for people to shop there. Shops must offer excellent customer service - and 'theatre' is a must. "
Theo Paphitis
Theatre
Street
People
" Showing your emotions is not a weakness. "
Theo Paphitis
Emotions
Your
Weakness
" I am the most conservative person you will ever come across, and that's because I'm good at reducing risks while leaving the potential rewards high. "
Theo Paphitis
Risks
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You
" Every successful high street needs a catalyst that starts making people want to come there, and independent shops can be that catalyst. If you want a new idea on the high street, you'll probably find it in an independent. I know I shouldn't say this, but new ideas rarely happen in chains. What we do is adopt it once we spot it in an independent. "
Theo Paphitis
Successful
Know
Ideas
" It's called common sense, but it's not common. Most people don't have it. "
Theo Paphitis
Common Sense
Sense
People
" I cringe when I watch myself on camera. I'm not articulate, and I'm dyslexic, but somehow it works. "
Theo Paphitis
Watch
Dyslexic
Cringe
" Retail is my game. I spend every waking hour thinking about it. I started in the industry at the age of 18 after trying various other things that were mind-numbingly boring to me. "
Theo Paphitis
Age
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Thinking
" Politicians are elected to do what is right, but too many are just doing what is right for the party. "
Theo Paphitis
Just
Doing
Right
" Entrepreneurship can be taught to people with average academic abilities - the proof of that is everywhere you look. "
Theo Paphitis
Average
Academic
Look
" I didn't have a great childhood, and neither did Debbie, my wife, so we both try to give the kids not only the material things we never had but also the hugs and the love. "
Theo Paphitis
Great
Never
Try
" Young people are the entrepreneurs of the future, and we should be looking to them as one of our sources of innovation for the high streets of tomorrow. "
Theo Paphitis
Future
Innovation
People
" I admire people who have passion and energy. "
Theo Paphitis
Admire
Passion
People
" Stack the cards in your favour, and in a casino, you'll get arrested and put in prison, but in business and in life, it's the right thing to do. "
Theo Paphitis
Your
Prison
Life
" I'm not massively academic. I'm a commonsense person. "
Theo Paphitis
Academic
Massively
Person
" I'm a shopaholic. I really am. I can't help myself. I do go into, browse, and purchase from my own shops, too, although the CEOs who run my businesses wish I didn't. "
Theo Paphitis
Myself
Wish
Help
" It's very difficult for an entrepreneur to let go. It's very hard to sell a successful business. People sometimes hold on until the business has no value at all. "
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Value
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" The reality in business and in 'Dragons' Den' is you win some, and you lose some. "
Theo Paphitis
Business
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Lose
" I know I have been lucky in business, and I am keen now to spread goodwill to others, of course not forgetting that very often, you make your own luck by making use of every opportunity. "
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Luck
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" The eight years I spent at Millwall were among the best times of my life. "
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Spent
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" There are huge misconceptions about people on benefits. They are labelled scroungers or cheats. The reality is that many who need that level of support are working, but their income is not enough to get out of debt or pay for basics like food and household bills. It's so close to the way I grew up. "
Theo Paphitis
Food
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" In the 1960s, my first-generation immigrant parents were gifted the olive branch of a blue British passport when working for the British Army in Cyprus. It completely transformed the Paphitis story. "
Theo Paphitis
Army
Blue
Immigrant