The Quotable Entrepreneur: Ed Robinson
BY Inc. staff
"We have all this growth, and still not as much play money as you think. Sixty to seventy percent of revenues go right back into payroll, plus more to workers' comp ? when you come out of all that, maybe 10% is profit. We still don't have the money we'd be comfortable with. I still have to be the day-to-day guy."
? Ed Robinson, cofounder of L& R Security Services, in New Orleans, a $1.5-million provider of security and special-events services, with 160 employees