Where do jobs come from?

[Bonnie]

That's what happens when you aren't profit driven.

When success isn't the driving force all sorts of uselessness acumulates.

Interesting thread for you Z...........

 

[rtwngAvngr]

Success is a little subjective isn't it?

Maybe you mean survival?

Success in a business context means earning enough profit to live off of. ANd to do that your good or service MUST be desirable, and priced according to what people feel it's worth. You must focus on serving others.

 

[shadrack]

The government is fairly unresponsive to true market needs. They do what they want whether it's needed or not. Hence amazing wasteful bloat occurs. Hence, why they should handle as few functions of life as necessary.

Are huge corporations a model of efficiency?

 

[shadrack]

Success in a business context means earning enough profit to live off of. ANd to do that your good or service MUST be desirable, and priced according to what people feel it's worth. You must focus on serving others.

You must focus on serving only those able to afford your good or service and not neccessarily those who may need that good or service for survival......er......success.

 

[Zhukov]

Success is a little subjective isn't it?

No, it's quite objective actually. Success as we are discussing it is 'net profit'.

 

[Zhukov]

Interesting thread for you Z...........

Shhh

 

[shadrack]

No, it's quite objective actually. Success as we are discussing it is 'net profit'.

Is net profit the only driving factor in business? Should it be?

 

[Zhukov]

It should certainly be their primary drive. Why, what do you think it should be?

 

[freeandfun1]

Is net profit the only driving factor in business? Should it be?

If there is no net profit, there are no investors. If there are no investors, there is no business. So yes, net profit should be the driving factor in business. If it is not, then it is nothing more than a socialist institution.

 

[shadrack]

It should certainly be their primary drive. Why, what do you think it should be?

Well, since, in a capitalist system, profits are to be driven to nearly zero by competition, I'm not sure? If net profit is zero, there's not much incentive to enter into business....except maybe prestige or honor. Maybe virtue? I'm not really sure. Do I even make sense?

 

[freeandfun1]

Well, since, in a capitalist system, profits are to be driven to nearly zero by competition, I'm not sure? If net profit is zero, there's not much incentive to enter into business....except maybe prestige or honor. Maybe virtue? I'm not really sure. Do I even make sense?

A lot of SMALL businesses operate with "no" profits but that is different. If you want to grow beyond anything, then you have to offer shares to executives, etc. and if there are no profits, they can't make anything beyond their salary. And since capital gains taxes are lower than ordinary income taxes, people would rather make money off their equity in a company than just salary alone. There will always be a drive for corporations to be profitable as long as the balance between capital gains taxes and ordinary income taxes are as disparate as they are.

 

[Zhukov]

Well, since, in a capitalist system, profits are to be driven to nearly zero by competition,

If net profit is zero,

my emphasis

'Nearly' isn't the same as 'is'.

If there is enough left over to live off of, that is sufficient profit. If there is not, time for a new line of work.

 

[shadrack]

A lot of SMALL businesses operate with "no" profits but that is different. If you want to grow beyond anything, then you have to offer shares to executives, etc. and if there are no profits, they can't make anything beyond their salary. And since capital gains taxes are lower than ordinary income taxes, people would rather make money off their equity in a company than just salary alone. There will always be a drive for corporations to be profitable as long as the balance between capital gains taxes and ordinary income taxes are as disparate as they are.

C'mon man, everybody knows what happens when execs are offered shares in addition to their salary.

 

[freeandfun1]

C'mon man, everybody knows what happens when execs are offered shares in addition to their salary.

huh? i am not sure wtf you are trying to imply (really) so tell me. what happens?

 

[shadrack]

'Nearly' isn't the same as 'is'..

Many, many businesses are, in effect, at a net profit of zero after, of course, the meager compensation to the owner and employees.

If there is enough left over to live off of, that is sufficient profit. If there is not, time for a new line of work

Adaptation? How might a person go about finding a new line of work?

 

[freeandfun1]

Adaptation? How might a person go about finding a new line of work?

The same way they found their first line of work. DOH!

 

[freeandfun1]

Many, many businesses are, in effect, at a net profit of zero after, of course, the meager compensation to the owner and employees.

What do you know about running a business? (serious question)

 

[shadrack]

huh? i am not sure wtf you are trying to imply (really) so tell me. what happens?

Stocks are hyped. Scandals, payoffs, kickbacks, violations of fiduciary duty.

 

[Said1]

Many, many businesses are, in effect, at a net profit of zero after, of course, the meager compensation to the owner and employees.

When all is said and done, I'm operating with zero profits at month end. Much better for me at tax time.

Adaptation? How might a person go about finding a new line of work?

Doh is right.

 

[freeandfun1]

Stocks are hyped. Scandals, payoffs, kickbacks, violations of fiduciary duty.

Not in every corporation. you are painting with a very broad brush. There are a LOT of mid sized and even big corporations that play it straight.

furthermore, not every corporation that gives executives equity in the company are publicly traded. So how would you "hype" the stock?