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The successful producer of an article sells it for more than it cost him to make, and that's his profit. But the customer buys it only because it is worth more to him than he pays for it, and that's his profit. No one can long make a profit producing anything unless the customer makes a profit using it.
Samuel B. PettengillTwo things, Christian reader, particularly excite the will of man to good. A principle of justice is one, the other the profit we may derive therefrom. All wise men, therefore, agree that justice and profit are the two most powerful inducements to move our wills to any undertaking. Now, though men seek profit more frequently than justice, yet justice is in itself more powerful.
Louis of GranadaIncreasingly, I'm inspired by entrepreneurs who run nonprofit organizations that fund themselves, or for-profit organizations that achieve social missions while turning a profit.
Ethan ZuckermanThe most common conception of Capitalism is that it is an economic system consisting of privately owned businesses and large corporations that are run for profit. The profit comes from running the business efficiently and keeping the products and services up to date and competitively priced.
Philip KotlerYou can see it in terms of the obsession on Wall Street with not just profits but greed, more profit, more profit.
Cornel WestFor a long time, the for-profit world has told us in the not-for-profit sector to behave more like businesses.
Nancy LublinProfit margins are probably the most mean-reverting series in finance, and if profit margins do not mean-revert, then something has gone badly wrong with capitalism. If high profits do not attract competition, there is something wrong with the system and it is not functioning properly.
Jeremy GranthamI did precisely the wrong thing. The cotton showed me a loss and I kept it. The wheat showed me a profit and I sold it out. Of all the speculative blunders there are few greater than trying to average a losing game. Always sell what shows you a loss and keep what shows you a profit.
Jesse Lauriston LivermoreNow, it is sometimes said that medical care is too important to be left to the market, and that it is immoral to profit from the illnesses of others. I say medical care is too important to be left to the failed central plans of the political class. And as for profiting from providing medical care, we can never be reminded enough that in a free society, a profit is a signal that valuable services are being rendered to people on a voluntary basis.
Llewellyn RockwellNo one can deny that much of our modern advertising is essentially dishonest; and it can be maintained that to lie freely and all the time for private profit is not to abuse the right of free speech, whether it is a violation of the law or not. But again the practical question is, how much lying for private profit is to be permitted by law?
Carl L. BeckerOne reason why people find applying the Bible to work so difficult is that the world of Scriptures seems so distant from our modern world today. Many established realities we encounter daily, like non-profit and for-profit corporations, did not exist in the ancient world.
David KimToday, National Geographic has a membership side with a magazine and some television side, and they generate about a billion dollars in revenue, and they're profitable. And so at the end of the year they have some bottom line profit which they can then reinvest, because they're running it as a not-for-profit in charitable endeavors.
Steve CaseThe fact that Trump's refused to divest from his labyrinth of business holdings, the fact that he's continuing to profit from his brand and indeed create all kinds of new opportunities to profit off the presidency is outrageous. The flip side is that he's left out a lot of levers through which to pressure him. You know, the reason you want a president to divest from his business holdings is that foreign governments can try to exert pressure on him by becoming customers of these hotels and inflating the value of how much they're willing to pay for a Trump brand.
Naomi KleinTeach players the game at an early age and stop treating them like cash cows for everyone to profit off of.
Kobe BryantThe history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to withdraw his capital from productive business and invest it in tax-exempt securities or to find other lawful methods of avoiding the realization of taxable income. The result is that the sources of taxation are drying up; wealth is failing to carry its share of the tax burden; and capital is being diverted into channels which yield neither revenue to the Government nor profit to the people.
Andrew MellonWhy is the hearse with scutcheons blazon'd round, And with the nodding plume of ostrich crown'd? No; the dead know it not, nor profit gain; It only serves to prove the living vain.
John GayLetting your customers set your standards is a dangerous game, because the race to the bottom is pretty easy to win. Setting your own standards--and living up to them--is a better way to profit. Not to mention a better way to make your day worth all the effort you put into it." -
Seth GodinIn the days of peace every precaution should be taken to insure that there are no forces making for war. Just as we now forbid the trafficking in certain drugs, in the sale of poisons, just as we forbid the making of any imprint that suggests a coin or currency, just as experience has demonstrated that men may not make profit out of certain things because of the danger of abuse, so in the gravest of all dangers laws should be passed taking from those who might gain from war or preparations for war every hope that advantage could come to them by such a calamity.
Frederic C. HoweOne metric catches people. We prefer businesses that drown in cash. An example of a different business is construction equipment. You work hard all year and there is your profit sitting in the yard. We avoid businesses like that. We prefer those that can write us a check at the end of the year.
Charlie MungerIf the Christian doesn't get reality right, he loses effectiveness in this life. If the non-Christian doesn't get reality right, he loses much in this life, and everything and the next one. As Jesus put it, "What does it profit a man if he gains the whole world and loses his soul?"
Greg KouklEvery woman has the instinct, the propensity to profit from her charms, and there's a lot to be said for giving oneself without love, without pleasure.
Leopold von Sacher-MasochThe brands that will thrive in the coming years are the ones that have a purpose beyond profit.
Richard BransonSome sleep too much....Nowhere do the scriptures say, 'Thou shalt sleep eight hours.' Nor do they say, 'Retire early unless you happen to be a night person.' There must be an excellent reason for the injunction to retire and arise early. ...You will profit by this counsel if you heed it.
Joe J. ChristensenThere are all sorts of institutions in the economic world which depart from the simple price/market model which I worked on in an earlier incarnation and which has been sort of the mainstream of economic theories since Adam Smith and David Ricardo. There are all sorts of contractual relations between firms and individuals which do not conform to the simple price theory - profit-sharing schemes and so forth - and the explanation for these suddenly became clear. We now understand why these emerged and that they are based on differences in information in the economy.
Kenneth ArrowYou have to start looking in the mirror and saying, 'this is who I am, this is what I am and this is how I'm going to be' and start demanding more from yourself. In spite of everything that this system has thrown at us, we still have to live at the end of the day. We still have to find purpose and find ways to prosper and make a profit so you have to find ways to stand on your own two feet and fulfill your potential as a black man or black woman on this planet no matter how marginalized or oppressed you may be.
Charlamagne Tha GodFlexible supply chains are great for multinationals and consumers. But they erode already thin profit margins in developing-world factories and foster a pell-mell work environment in which getting the order out the door is the only thing that matters.
James SurowieckiTo rectify past blunders is impossible, but we might profit by the experience of them.
George WashingtonProfit is not the explanation, cause, or rationale of business behavior and business decisions, but the test of their validity.
Peter DruckerThe purpose of the corporation must be redefined as creating shared value, not just profit per se. This will drive the next wave of innovation and productivity growth in the global economy.
Michael PorterI do think - you look at actually what WikiLeaks came out with, most of it was just gossipy interest, except for like this Doug Band memo from a Clinton crony in black and white who explained the Clinton Foundation was a profit center for Bill Clinton and people around him.The Russians didn't make that up, that was all Hillary's [Clinton] vulnerability her own.
Rich LowryIn any compromise between food and poison, it is only death that can win. In any compromise between good and evil, it is only evil that can profit.
Ayn RandI worked very hard to try and figure out what I thought and I believed that we were going to succeed and that revolutions would happen globally and we would be a part of that and we would have then not capitalism. We would have values based on human lives, not profit. We would actually transform the kinds of ways people built love and built community. It was a very shocking thing to me, out of the end of the 70s and the beginning of the 80s, to realize that that dream - while I still believed in it - was not going to happen in the way that I had hoped.
Amber HollibaughPersonally I do not believe in the likelihood of Persian oil deposits being worked at profit.
George Curzon, 1st Marquess Curzon of KedlestonInvest in the millennium. Plant sequoias. Say that your main crop is the forest that you did not plant, that you will not live to harvest. Say that the leaves are harvested when they have rotted into the mold. Call that profit. Prophesy such returns. Put your faith in the two inches of humus that will build under the trees every thousand years.
Wendell BerryI've got childhood friends who are working for non-profit foundations, or who are running for state senate and doing things that actually do fight evil in this world. And what am I doing? I bang on some drums in a rock band. I try to tell myself that by doing that, I'm fighting evil - which is completely absurd. Music is not equipped in any way to fight against anything. Other than, I guess, it could fight against silence.
Greg SaunierYou can profit by disappointment - if it is turned into inspirational dissatisfaction with a positive mental attitude.
W. Clement StoneBe upright in thy whole life; be content in all its changes;so shalt thou make thy profit out of all occurrences; so shall everything that happeneth unto thee be the source of praise
AkhenatonA business of high principle attracts high-caliber people more easily, thereby gaining a basic competitive and profit edge.
Marvin BowerYou can trace a through-line from the eighties to the present, and in retrospect Trump was always one of the minor avatars of a certain business model, all through that time. One based on branding, celebrity, and exploiting certain quirks of media form for fun and profit. In some ways he is not all that exceptional.
McKenzie WarkVictory is for them, not for us. We have not made profit out of our country's misfortune. Victory does not bring us luck.
Ba JinTo what profit is it that we dwell in Jerusalem, if we do not see the King's face? And when He comes forth from His royal chambers, accompanied with blessing, are we to hold ourselves at leisure that we may yield Him worship and offer Him service?
David McIntyreThe man was running away with the rest, and selling his papers for a shilling each as he ranโa grotesque mingling of profit and panic.
H. G. WellsBut on the other hand, there are many corporations who have turned their backs on the American worker, who have said, if I can make another nickel in profit by going to China and shutting down in the United States of America, that's what I will do.
Bernie SandersProfit by the little trials that come to you, for through them we make real progress.
Rose Philippine DuchesneAs soon as the mouth is opened, evils spring forth. People either neglect the root and speak of the branches, or neglect the reality of the 'illusory' world and speak only of Enlightenment. Or else they chatter of cosmic activities leading to transformations, while neglecting the Substance from which they spring--indeed, there is NEVER any profit in discussion.
Huangbo Xiyun