Millions of business people are each constantly forced to choose between their desire to not be a bad person and their desire to be a good business person, that is to say, to make as much money as they possibly can by maximizing their revenue while minimizing the cost of producing whatever it is that they sell.
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For their never-ending endeavours to obtain or retain wealth, countries desperately need companies, because they__nlike most human beings__ave the means of production, and human beings, because they__nlike all companies__ave the means of reproduction.
If you are investing time, money, energy to develop yourself at present and that would be the huge profit ever in future.
It is not the fault of the entrepreneurs that the consumers,the people, the common man,prefer liquor to Bibles and detective stories to serious books, and that governments prefer guns to butter. The entrepreneur does not make greater profits in selling bad things than in selling good things. His profits are the greater the better he succeeds in providing the consumers with those things they ask for most intensely.
The elimination of profit, whatever methods may be resorted to for its execution, must transform society into a senseless jumble.
Why does anyone commit murder?' he asked in a low voice.'I-'I blinked.'How should I know?''Three reasons,' Christopher said. He held up one finger. 'Love.' Another finger. 'Revenge.' And finally, a third finger. 'Profit...
Testing trading ideas is like digging for gold or looking for crude oil in deep waters. The more trading ideas you test, the better your chances of finding patterns that can be traded profitably.
Capitalism has turned human beings into commodities. To the owner of a restaurant: the cook and a bag of potatoes are equally important.
You think of killing himon the spotbut discard that thought andleave,down into the urine-stinkingelevator, they have you crucified too, America at work, where they rip out your intestinesand your brain and your will and your spirit. They suck you dry, then throw you away. The capitalist system. The work ethic. The profit motive. The memory of your father__ words,__ork hard and you__l be appreciated._ of course, only if you make much more for them than they payyou.
As these contrasts show, capitalism has undergone enormous changes in the last two and a half centuries. While some of Smith__ basic principles remain valid, they do so only at very general levels.For example, competition among profit-seeking firms may still be the key driving force of capitalism, as in Smith__ scheme. But it is not between small, anonymous firms which, accepting consumer tastes, fight it out by increasing the efficiency in the use of given technology. Today, competition is among huge multinational companies, with the ability not only to influence prices but to redefine technologies in a short span of time (think about the battle between Apple and Samsung) and to manipulate consumer tastes through brand-image building and advertising.
He had been taught as a child that Urras was a festering mass of inequity, iniquity, and waste. But all the people he met, and all the people he saw, in the smallest country village, were well dressed, well fed, and contrary to his expectations, industrious. They did not stand about sullenly waiting to be ordered to do things. Just like Anaresti, they were simply busy getting things done. It puzzled him. He had assumed that if you removed a human being's natural incentive to work -- his initiative, his spontaneous creative energy -- and replaced it with external motivation and coercion, he would become a lazy and careless worker. But no careless workers kept those lovely farmlands, or made the superb cars and comfortable trains. The lure and compulsion of profit was evidently a much more effective replacement of the natural initiative than he had been led to believe.
The Master said, __f your conduct is determined solely by considerations of profit you will arouse great resentment.
The Protestants of old go to work not just for the money, their biggest motivation for work is service to God and man. Not the interest to gain profit or make money.
How do you know whether you're serious about your values? You fight for them when they're violated even if it costs you title, favor, friendship, and profit.
The greatest investment in life is the investment of unconditional love, as a profit you will get the greatest gift of life: happiness.
A man has a very insecure tenure of a property which another can carry away with his eyes. A few months reduced me to the cruel necessity either of destroying my machine, or of giving it to the public. To destroy it, I could not think of; to give up that for which I had laboured so long, was cruel. I had no patent, nor the means of purchasing one. In preference to destroying, I gave it to the public.[On his inability to keep for himself a profitable income from his invention of the Spinning Mule.]
Never look at an opportunity at face value & pass it on that basis. Examine the income vs. the profit vs. expenses then make your decision.
You get to choose your decision, but you don't get to choose the consequences.