Theo Paphitis

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My family come from Cyprus. Both my father and my grandfather worked on the British bases there, and as the British government granted independence to Cyprus, they granted British passports to those who worked with them.
- Theo Paphitis
Collection: Family
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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.
- Theo Paphitis
Collection: Environmental
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The great virtue of the web, its ease of communication, has also become its Achilles' heel in that it has polluted the air with meaningless babble and egomaniacal drivel.
- Theo Paphitis
Collection: Communication
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Making the first million is hard; making the next 100 million is easy.
- Theo Paphitis
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I'd rather be rich and miserable than poor and miserable.
- Theo Paphitis
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I can walk all day in malls, shopping centres, high streets - I love it.
- Theo Paphitis
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I was useless in the classroom; I would spend my time looking out of the window after the first 10 minutes. But when you do an apprenticeship, you don't have to wait for the teacher to tell you when it's time to start, because you are on the shop floor learning for real.
- Theo Paphitis
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When making an investment, the people are more important than the product.
- Theo Paphitis
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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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If you really want to sort out the High Street, you ask someone like Kate Swann at WHSmith, who has done a fantastic job of running profitable shops.
- Theo Paphitis
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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
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'Dragons' Den' and 'The Apprentice' have opened people's eyes to what they can do.
- Theo Paphitis
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I admire people who have passion and energy.
- Theo Paphitis
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Without hope, the very fabric of our society will fall apart.
- Theo Paphitis
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The Internet has heralded a revolution in our society. It has transformed the way we do business, entertain, communicate, and travel. In many ways, the change has been positive. The web has brought new freedoms, spurred economic growth, and extended the boundaries of knowledge.
- Theo Paphitis
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Businesses might have been helped by the ability to promote themselves on the Internet, but they have also been hit by the web's encouragement of time-wasting by their staff.
- Theo Paphitis
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Good businesses will survive good times and bad times.
- Theo Paphitis
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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
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Great customer service does not come by chance. It is the result of training and ensuring there are enough assistants to serve the customers.
- Theo Paphitis
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Small does not mean insignificant.
- Theo Paphitis
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A small business can survive for a while without making a profit, but if its cashflow dries up, the impact is fatal.
- 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
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I was lucky enough to find my passion early - in retail - and I have done well but, most importantly, loved doing it.
- Theo Paphitis
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Ultimately, if you don't have an interest in what you do, it will be so much harder to make money from it.
- Theo Paphitis
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If the cash runs out, it's like a heart attack for you and your business. Keep that front and centre of your mind, and you will have financial security and not be struggling to pay the bills.
- Theo Paphitis
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If you cannot bore your friends to death about your own small business, then something is seriously wrong.
- Theo Paphitis
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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.
- Theo Paphitis
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My vision is that everyone who has ever won an #SBS retweet from me becomes part of a friendly club. Like-minded individuals can share successes and learn.
- Theo Paphitis
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I was absolutely astonished and could not believe my eyes at the outrageous interest rates that people in need have to pay to get loans.
- Theo Paphitis
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I am for a transactional tax at the point of purchase for both online and physical retail.
- Theo Paphitis
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The government must recognise that taxing retailers differently is reckless.
- Theo Paphitis
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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
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My parents divorced, my brothers and I ended up living with my mother, and we were living with the choice of heating or eating. My mum was working, but she needed financial support to make ends meet. I had to have free school dinners and free school uniforms.
- Theo Paphitis
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My family's challenges meant we lived hand to mouth. There were weeks when we had neither electricity nor heating.
- Theo Paphitis
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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
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Becoming a campaign representative for the somewhereto_ re:store campaign was a simple choice.
- Theo Paphitis
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A lot of multinationals have long, drawn-out processes and are pretty useless at putting products on the shelves quickly.
- Theo Paphitis
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What the entrepreneur gets on 'Dragons' Den' is direct access to people with masses of experience who can actually make quick decisions.
- Theo Paphitis
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The statistics for investing in small businesses are such that the vast majority fail.
- Theo Paphitis
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If you look at all the investments made during 'Dragons' Den,' the ratio of those that make it to those that don't is actually extremely high.
- Theo Paphitis
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We survived for hundreds of years under the old banking structure. You'd have clearing banks, then merchant banks doing the racy stuff, and then building societies where you'd join a waiting list for a mortgage. But then banks started buying stockbrokers, doing mortgages, and you ended up with these big banking groups doing everything.
- Theo Paphitis
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Politicians are elected to do what is right, but too many are just doing what is right for the party.
- Theo Paphitis
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I'm not massively academic. I'm a commonsense person.
- Theo Paphitis
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Online is not contributing in the same way as the high street in terms of business rates and to the local community.
- Theo Paphitis
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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
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I'm not a risktaker. I'm the total opposite.
- Theo Paphitis
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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
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Take calculated risks and limit your downside.
- Theo Paphitis
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It's called common sense, but it's not common. Most people don't have it.
- Theo Paphitis
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I am a great believer that the risk should reflect the reward.
- Theo Paphitis