This statement suggests that there's a hesitation in giving someone a significant amount of money, such as a million dollars, if they haven't demonstrated their capability to generate or manage large sums effectively. Essentially, it questions the wisdom behind providing substantial financial support without evidence of prior success or skill.
The deeper meaning of this quote reflects broader principles about risk assessment and investment. It implies that successful outcomes are more likely when resources are allocated to those who have already shown they can handle them responsibly and efficiently. This philosophy applies not only to monetary investments but also to personal development, career advancement, and business ventures. By assessing an individual's track record, one can make informed decisions about where to allocate resources for maximum benefit.
Carmen Busquets is a well-known fashion industry figure who has been instrumental in launching successful brands like Alexander Wang and Victoria Beckham. Her expertise and experience give her insights into what it takes to build a sustainable and profitable business, making her viewpoint on financial support particularly valuable within entrepreneurial circles.