Famous quote by Pauly Shore

Mobile Desktop
Thats the biggest rule in Hollywood: Dont spend your own money
Like

"That's the biggest rule in Hollywood: Don't spend your own money"

- Pauly Shore

About this Quote

The quote "That's the biggest rule in Hollywood: Do not invest your own money" by Pauly Shore provides a pithy yet insightful commentary on the monetary dynamics and risk management strategies common in the entertainment industry. At its core, this statement highlights a basic concept adhered to by numerous in Hollywood: utilizing external financing to alleviate individual financial danger.

In the filmmaking and home entertainment sectors, the procedures of producing films, television shows, or other media content often involve substantial monetary investments. These massive productions can cost millions-- even numerous millions-- of dollars, making the monetary stakes incredibly high. As such, restricting personal financial exposure is a prudent strategy. This is where Shore's quote ties in, highlighting the reliance on external financing sources such as studios, investors, and production business.

By not spending their own money, filmmakers, manufacturers, and stars safeguard themselves from possible monetary losses that jobs can sustain due to poor ticket office efficiency, unanticipated production issues, or shifts in market need. For example, significant studios frequently fund projects through a combination of internal capital and external investments, using bank loans, private equity, and pre-sales of distribution rights to balance out costs. This minimizes the burden on private stakeholders while spreading monetary threat across a broader base.

Furthermore, not investing personal cash enables greater innovative freedom and innovation without the incapacitating fear of individual insolvencies or financial ruin. It motivates taking calculated dangers on new and potentially innovative tasks that may otherwise be too overwhelming if borne by people alone.

Moreover, Shore's quote reflects a larger cultural norm within Hollywood, highlighting a business-savvy state of mind. The market is not merely about creativity and art; it is equally about clever financial strategies, danger hostility, and profiting from others' investments to make sure long-term individual and professional sustainability.

In essence, Pauly Shore's quote distills a vital Hollywood axiom: take advantage of external resources and secure individual financial resources while browsing the uncertain and volatile landscape of the home entertainment company.

About the Author

USA Flag This quote is written / told by Pauly Shore somewhere between February 1, 1968 and today. He/she was a famous Comedian from USA. The author also have 7 other quotes.

Go to author profile

Similar Quotes

Small: Prestige is the shadow of money and power - C. Wright Mills
C. Wright Mills
"Prestige is the shadow of money and power"
C. Wright Mills, Sociologist
Small: A bank is a place that will lend you money if you can prove that you dont need it - Bob Hope
Bob Hope
"A bank is a place that will lend you money if you can prove that you don't need it"
Bob Hope, Comedian
Small: You cant get rid of poverty by giving people money - P. J. ORourke
P. J. O'Rourke
"You can't get rid of poverty by giving people money"
P. J. O'Rourke, Journalist
Small: Economy does not lie in sparing money, but in spending it wisely - Thomas Huxley
Thomas Huxley
"Economy does not lie in sparing money, but in spending it wisely"
Thomas Huxley, Scientist
Small: Permit me to issue and control the money of a nation, and I care not who makes its laws - Mayer Amschel Rothsc
"Permit me to issue and control the money of a nation, and I care not who makes its laws"
Mayer Amschel Rothschild, Businessman
Small: Id like to live as a poor man with lots of money - Pablo Picasso
Pablo Picasso
"I'd like to live as a poor man with lots of money"
Pablo Picasso, Artist
Small: A wise person should have money in their head, but not in their heart - Jonathan Swift
Jonathan Swift
"A wise person should have money in their head, but not in their heart"
Jonathan Swift, Writer
Small: Given the choice, children who dont want for anything will not save... We have an obligation as parents to giv
Barbara Coloroso
"Given the choice, children who don't want for anything will not save... We have an obligation as parents to give our children what they need. What they want we can give them as a special gift, or they can save their money for it"
Barbara Coloroso, Author
Small: The first time you marry for love, the second for money, and the third for companionship - Jackie Kennedy
Jackie Kennedy
"The first time you marry for love, the second for money, and the third for companionship"
Jackie Kennedy, First Lady
Small: Money often costs too much - Ralph Waldo Emerson
Ralph Waldo Emerson
"Money often costs too much"
Ralph Waldo Emerson, Philosopher