Growth and profit are a product of how people work together.
Sentiment: POSITIVE
Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.
People have been convinced that growth for growth's sake is a good thing.
Growth makes so many dimensions of management easier. It's when growth stops that things get tough.
Growing is an important part of the business, but more important than that is to get better.
Companies that grow create wealth. This, in turn, allows people to have jobs that create more growth and more wealth. It's a virtuous cycle.
Profit in business comes from repeat customers, customers that boast about your project or service, and that bring friends with them.
People invest in businesses that they believe have the leadership, mission and team to grow and operate profitably.
Growth is the great separator between those who succeed and those who do not. When I see a person beginning to separate themselves from the pack, it's almost always due to personal growth.
We've grown from 18% of the profits of the top 25 companies in our industry to 23% of the profits of the top 25 companies in our industry over the last five years. Profits are up over 70%, where the industry profit is up about 35%. Pretty good.
Profit is the sole criterion used by the establishment to evaluate economic activity. From the rat race to lame ducks. The vocabulary in vogue is a give-away. It's more reminiscent of a human menagerie than human society.