August 21st, 2008
Making profit in any venture
is seen as a reward, giving you more for what you put into it. It's
a weird assessment of what we consider valuable. But it's what you do
with the profits that determines whether it is indeed valuable or worthless.
The purpose of profit serves
two purposes:
1. To act as a means
to improve what you have Take for example someone who makes
enough money or cultivates enough resources just to make ends meet.
They regain what they put into it. It's pretty much a status quo. They
can't get anything else or do anything else because there's nothing
left over to contribute to that growth or expansion.
Now, say they were able
to cover what they had, but had enough left over to get another improved
piece of equipment, a quicker car or better quality food.
The money they earned was
used in a productive manner to improve their situation and disposition.
2. To act as a reward
for excellence Profits are the reward we earn for doing a job
well-done. The harder you go at it, the more you'll get in return. But
it shouldn't be the prime focus of a person's endeavours.
People earn profit for putting
lots of effort, time and money into what they do. The profit,
or revenue, acts as the reward for completing, constructing or conducting
something of high quality.
But as soon as you start
to neglect the quality of a product, or turn your back on people and
to the point of bare skin and bones, then profit will gradually dissipate,
as the source of interest in your now-mediocre product, service or activity
has dwindled due to the perceived presence of neglect from outside parties.
If you don't put the effort
into it nor show that you do in fact care about what it is you are doing
for other people, you won't get the profit. Simple as that.
Businesses are in existence
to provide quality products, services and means by which to improve
our lives and extend our human race to new frontiers. If they continue
to operate at status quo and do nothing to improve nor proactively perform
to instill change, they are just "getting by" with no real
desire to improve nor move forward.
This causes a lot of waste
to be had, both in profit and potential.
Remember, profit is not
about sitting idle. It's about going beyond and constantly striving
to achieve greater highs in whatever it is you do.
Otherwise, it's just sitting
there collecting dust and becoming unvaluable.
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