[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fRhyLF3qMYfnt2idX-x1QvZu_qxSMUgV4A8Tgb6trnQ8":3,"$fiMKFyJZj-dBQvihOzyPxlfSt3Qe-h3M2LpnOH7x8EYo":12},{"author":4,"tags":11},{"author_id":5,"author_name":6,"author_name_first_letter":7,"article_count":8,"bio":9,"short_bio":9,"slug":10,"image_url":9},168536,"David Neustadt","D",6,null,"david-neustadt",[],{"quotes":13,"pagination":77},[14,23,35,44,55,66],{"id":15,"quote_text":16,"author_id":5,"source_id":17,"has_image":18,"author":19,"source":20,"quote_tag":21,"commentary":22},2124778,"Practically speaking, that's the only thing that works.",4,true,{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],"**The Backstory**\nThis quote is attributed to David Neustadt, a German-American businessman and founder of the Neustadt Brothers department store chain. The exact origin of this quote is unclear, but it aligns with Neustadt's entrepreneurial spirit and practical approach to business during the early 20th century.\n\n**The Hidden Insight**\nAt first glance, the statement seems straightforward, emphasizing efficiency or effectiveness in practice. However, upon closer examination, it reveals a subtle yet profound insight: that pragmatism is often prioritized over ideation or theory. Neustadt's phrase suggests that while grand ideas and visions are essential, they must be grounded in practical realities to achieve tangible results.\n\n**How to Use This**\nTo apply this mindset today, professionals and creatives should focus on marrying their big-picture vision with a relentless pursuit of actionable solutions. By doing so, they can convert abstract goals into concrete progress, leveraging the power of pragmatism to drive innovation and success in their endeavors.",{"id":24,"quote_text":25,"author_id":5,"source_id":17,"has_image":26,"author":27,"source":28,"quote_tag":29,"commentary":9},2124764,"We choose not to expand our business with them,",false,{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[30],{"id":31,"tag":32},5110340,{"id":33,"tag_name":34},71,"business",{"id":36,"quote_text":37,"author_id":5,"source_id":17,"has_image":26,"author":38,"source":39,"quote_tag":40,"commentary":9},2124747,"We choose not to expand our business with them. This is very limited. We have not chosen to cut off all our business with them.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[41],{"id":42,"tag":43},5110326,{"id":33,"tag_name":34},{"id":45,"quote_text":46,"author_id":5,"source_id":17,"has_image":26,"author":47,"source":48,"quote_tag":49,"commentary":9},2124738,"We alerted them by mail and sent a second letter on Thursday saying, 'It turns out nothing happened. We're always going to err on the side of protecting people.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[50],{"id":51,"tag":52},5110306,{"id":53,"tag_name":54},25733,"err",{"id":56,"quote_text":57,"author_id":5,"source_id":17,"has_image":26,"author":58,"source":59,"quote_tag":60,"commentary":9},2124714,"We were not looking for an opportunity to deprive them of business, but when confronted with the question 'do we expand it or wait?', we chose not to expand it.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[61],{"id":62,"tag":63},5110292,{"id":64,"tag_name":65},3809,"chose",{"id":67,"quote_text":68,"author_id":5,"source_id":17,"has_image":26,"author":69,"source":70,"quote_tag":71,"commentary":9},2124695,"We have not cut off all relationships with the bank.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[72],{"id":73,"tag":74},5110275,{"id":75,"tag_name":76},17847,"cut",{"currentPage":78,"totalPages":78,"totalItems":8,"itemsPerPage":79},1,10]