In a message dated 3/19/2005 2:07:36 P.M. Eastern Standard Time,
[EMAIL PROTECTED] writes:
Yesterday, I praised you. Today, class before worship.
To paraphrase Peter Drucker, profit serves three purposes:
1) it measures the net effectiveness of a business' efforts
2) it covers the costs of staying in business
3) it ensures the supply of future capital for innovation and
expansion
Your business is unprofitable, if it is not covering your cost to stay
in business, and, it should provide enough capital for future growth, even if
you chose to not grow it.
My charge to you today is go out and start your own business and find out
what it is like to make your payroll. If you are not a tyrannical autocrat, you
may want to consider hiring me as a gofer. I am economical, and I have my own
benefit package. Oh, you wont be able to pay benefits to your employees
initially?
Ciao,
Craig
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