I walked out of the show business in 1968 because I thought that would be good for the family. It took me some time to decide but I wanted to spend more time with my wife and two daughters who were always beside me. I wanted to do everything I could for them.
The bronze powder business, however, no longer required my personal attention, and was well managed by those I had chosen as the guardians of a secret, which was long and honourably kept.
I fear this little episode does not speak very favourably for my business capacity in those early days, for I certainly ought to have made much more than I did by this really important invention.
Oftentimes during the period in which conventions really did business, you had situations where the delegates were divided and you would have ballot after ballot before there was a final nominee.
From the beginning of the presidential nominating conventions in the 1830's really through the 1950's, you had conventions that actually did real business.
One of the things that happens in the business is that success is a very strange thing in that if you are involved in something very successful the next person wants you to repeat it.
The greatest felony in the news business today is to be behind, or to miss a big story. So speed and quantity substitute for thoroughness and quality, for accuracy and context.
The key to competing and surviving against Wal-Mart is to focus your business into a niche or pocket where you can leverage your strengths in the local marketplace.
These days, you can do a TV series for five years and all of a sudden be on top of the business. Features don't even run in theaters very long anymore before going right to television.
