Profit or perish... There are only two ways to make money: increase sales and decrease costs.
Sentiment: NEGATIVE
I tell everybody there are only three things that we do. We build sales at the store level, we build profits at the store level, and we build more stores. The first two things go in tandem, of course. It's pretty tough to build profits without sales.
Profit is one way that you can take pride in the way you publish things and insure that you can go on doing it.
The best way to make money is to have more economic freedom, which is why we are one of the very few large companies that are consistently for it.
How do you make money? Spinoffs, split-ups, liquidations, mergers and acquisitions.
Profit in business comes from repeat customers, customers that boast about your project or service, and that bring friends with them.
I know only a few ways to take market share and drive new revenue. I can engineer better products and services, I can build better relationships with my customers and deliver a higher level of service, or I can give my customers a lower price.
Don't be seduced into thinking that that which does not make a profit is without value.
The key to making money is to stay invested.
Lots of people have plenty of ideas; lots of people have plenty of money, but in the end, if you want to turn that money into profit, you have to do it through others.
If I make a good product and deliver value to users and to the world, the financial gains will come.
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