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Victor Kiam

 
Quotes By: Victor Kiam

Quotes:

"Information is a negotiator's greatest weapon."

"Procrastination is opportunity's natural assassin."

"Entrepreneurs are risk takers, willing to roll the dice with their money or reputation on the line in support of an idea or enterprise. They willingly assume responsibility for the success or failure of a venture and are answerable for all its facets. The buck not only stops at their desks, it starts there too."

"Entrepreneurs are simply those who understand that there is little difference between obstacle and opportunity and are able to turn both to their advantage."

"You can hype a questionable product for a little while, but you'll never build an enduring business."

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Wikipedia: Victor Kiam
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Victor K. Kiam (7 December 1926 - 27 May 2001) was an American entrepreneur and the owner of the New England Patriots from 1988-1991.

After attending such universities as Yale, the Sorbonne and Harvard Business School, Kiam became part of the Lever Brothers and Playtex company as a salesperson. He first made his fortune as the President and CEO of Remington Products, which he famously purchased after his wife bought him his first electric shaver. In 1994, Victor Kiam sold controlling interest of Remington Products to Isaac Perlmutter. Kiam also operated two other companies: Ronson and TravelSmart. Kiam also bought the Benrus Watch Company in 1967. The company filed bankruptcy in 1977.

He became even more famous as the spokesperson for his Remington shaver. Kiam's famous catch-phrase, "I liked it so much, I bought the company!" made him a household name; the phrase "Doing a Victor Kiam" has now become a term for a customer who becomes the owner of a company. He famously recorded each advert in the native language in which the advert was broadcast.

Upon Kiam's death The Times quoted one of his closest business associates in later years, Jonathon Lyons, as saying that he was "a truly remarkable entrepreneur of the old kind - the kind they simply don't make any more."

Kiam wrote a number of business books:

  • Going for It!: How to Succeed As an Entrepreneur
  • Keep Going for It!
  • Live to Win: Achieving Success in Life and Business

Kiam last resided in West Palm Beach, Florida.

References

  • "Victor Kiam: We liked him so much" (in English). Ad Age Global 1 (10): 5. June 2001. 

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