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36
STRATEGY

The Quotable Entrepreneur: Ed Robinson
 

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"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

Last updated: Nov 1, 1999




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