The nature of business is to make a profit. The most common way of making a profit is by acquiring a widget for a low price, doing something to add value to the widget, and then selling it for a higher price.
That's why I give you a penny for your thoughs, but when I add my value to them and turn around and unload my thoughts, I give out my two cents' worth.
Wednesday, February 20, 2008
Thinking About Profits
Posted by
Matt Metcalf
at
3:08 PM
Labels: business, profit and loss
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