Understanding Profitability: Dhof@iastate - Edu
Understanding Profitability: Dhof@iastate - Edu
Don Hofstrand, extension value-added agriculture specialist, co-director Ag Marketing Resource Center, 641-423-
0844, [email protected]
Profitability is the primary goal of all business ventures. Without profitability the business will not survive in the long run.
So measuring current and past profitability and projecting future profitability is very important.
Whether you are recording profitability for the past period or projecting profitability for the coming period, measuring
profitability is the most important measure of the success of the business. A business that is not profitable cannot survive.
Conversely, a business that is highly profitable has the ability to reward its owners with a large return on their investment.
Increasing profitability is one of the most important tasks of the business managers. Managers constantly look for ways to
change the business to improve profitability. These potential changes can be analyzed with a pro forma income statement
or a Partial Budget. Partial budgeting allows you to assess the impact on profitability of a small or incremental change in
the business before it is implemented.
A variety of Profitability Ratios (Decision Tool) can be used to assess the financial health of a business. These ratios,
created from the income statement, can be compared with industry benchmarks. Also, Income Statement
Trends(Decision Tool) can be tracked over a period of years to identify emerging problems.
Accounting Methods
A worksheet for computing Net Farm Income Statement (Decision Tool) with accrual accounting is available that
contains schedules for including beginning and ending inventories. Information on creating and using a Net Farm Income
Statement is also available.
Although seldom used in farming, Double Entry Accounting (Information File Understanding Double Entry Accounting) will provide results similar to accrual accounting. Double entry
accounting also updates the net worth statement every time an income or expense occurs.
Defining Profitability
Accounting profits provide you with an intermediate view of the viability of your business. Although one year of losses may
not permanently harm your business, consecutive years of losses (or net income insufficient to cover living expenditures)
may jeopardize the viability of your business.
Economic Profits
In addition to deducting business expenses, opportunity costs are also deducted when computing “economic profits”.
Opportunity costs relate to your money (net worth), your labor and your management ability. If you were not farming, you
would have your money invested elsewhere and be employed in a different career. Opportunity cost is the investment
returns given up by not having your money invested elsewhere and wages given up by not working elsewhere. These are
deduced, along with ordinary business expenses, in calculating economic profit.
Economic profits provide you with a long-term perspective of your business. If you can consistently generate a higher
level of personal income by using your money and labor elsewhere, you may want to examine whether you want to
continue farming.
People often mistakenly believe that a profitable business will not encounter cash flow problems. Although closely related,
profitability and cash flow are different. An income statement lists income and expenses while the cash flow statement
lists cash inflows and cash outflows. An income statement shows profitability while a cash flow statement shows liquidity.
Many income items are also cash inflows. The sale of crops and livestock are usually both income and cash inflows. The
timing is also usually the same (cash method of accounting) as long as a check is received and deposited in your account
at the time of the sale. Many expense items are also cash outflow items. The purchase of livestock feed is both an
expense and a cash outflow item. The timing is also the same (cash method of accounting) if a check is written at the time
of purchase.
However, there are many cash items that are not income and expense items, and vice versa. For example, the purchase
of a tractor is a cash outflow if you pay cash at the time of purchase as shown in the example in Table 2. If money is
borrowed for the purchase using a term loan, the down payment is a cash outflow at the time of purchase and the annual
principal and interest payments are cash outflows each year as shown in Table 3.
The tractor is a capital asset and has a life of more than one year. It is included as an expense item in an income
statement by the amount it declines in value due to wear and obsolescence. This is called “depreciation”. The
depreciation expense is listed every year. In the tables below a $70,000 tractor is depreciated over seven years at the rate
of $10,000 per year.
Depreciation calculated for income tax purposes can be used. However, to accurately calculate net income, a more
realistic depreciation amount should be used to approximate the actual decline in the value of the machine during the
year.
In Table 3, where the purchase is financed, the amount of interest paid on the loan is included as an expense, along with
depreciation, because interest is the cost of borrowing money. However, the principal payments are not an expense but
merely a cash transfer between you and your lender.
Other Financial Statements
An income statement is only one of several financial statements that can be used to measure the financial strength of a
business. Other common statements include the balance sheet or net worth statement and the cash flow statement,
although there are several other statements that may be included.
These statements fit together to form a comprehensive financial picture of the business. The balance sheet or Net Worth
Statement shows the solvency of the business at a specific point in time. Statements are often prepared at the beginning
and ending of the accounting period (i.e. January 1). The statement records the assets of the business and their value
and the liabilities or financial claims against the business (i.e. debts). The amount by which assets exceed liabilities is the
net worth of the business. The net worth reflects the amount of ownership of the business by the owners.
The Cash Flow Statement is a dynamic statement that records the flow of cash into and out of the business during the
accounting period. A positive (negative) cash flow will increase (decrease) the working capital of the business. Working
capital is defined as the amount of money used to facilitate business operations. It is calculated as current assets (cash or
near cash assets) less current liabilities (liabilities due during the upcoming accounting period).
A Complete set of Financial Statements (Decision Tool), including the beginning and ending net worth statements, the
income statement, the cash flow statement, the statement of owner equity and the financial performance measures is
available to do a comprehensive financial analysis of your business.
To help you assess the financial health of your business, Financial Performance Measures allows you to give your
business a check-up. Interpreting Financial Performance Measures helps you to understand what these performance
measures mean for your business.
Profit Quotes
A business of high principle attracts high-caliber people more easily, thereby gaining a basic competitive and profit edge.
Marvin Bower
A man must be big enough to admit his mistakes, smart enough to profit from them, and strong enough to correct them.
John C. Maxwell
A movie like House of the Dead with around $7 million budget or Alone in the Dark with around $16 million budget are much easier to
make profit than the typical $50 million major motion picture.
Uwe Boll
A movie that costs only $1.6 million doesn't have to be a cultural event to turn a profit.
Steven Soderbergh
Admire a small ship, but put your freight in a large one; for the larger the load, the greater will be the profit upon profit.
Hesiod
Adversity is a great teacher, but this teacher makes us pay dearly for its instruction; and often the profit we derive, is not worth the price
we paid.
Elizabeth Hardwick
All my ambition is, I own, to profit and to please unknown; like streams supplied from springs below, which scatter blessings as they go.
Charles Cotton
All national institutions of churches, whether Jewish, Christian or Turkish, appear to me no other than human inventions, set up to terrify
and enslave mankind, and monopolize power and profit.
Thomas Paine
All told, these profit levels have put the world's five largest publicly traded oil companies on track to earn more than $100 billion before
year's end. Yet, at the same time that Big Oil's bottom line is going up, so are Americans' energy costs.
Allyson Schwartz
And if we are in this state, if we had an eternity of probation, what reason have we to suppose that we should profit by it - if we had ever so
long a time to chose for ourselves we should pursue our own will, to gratify our carnal I desires.
Elias Hicks
As a consequence, progress has come to mean simply more power, more profit, more productivity, more paper prosperity, all of which are
convertible into standards concerned only with size or magnitude rather than quality or excellence.
Alex Campbell
As soon, however, as capitalist competition has definitively established the equal rate of profit, that rate becomes the starting point for the
calculations of the capitalists in the investment of capital in newly-created branches of production.
Rudolf Hiferding
Be true to yourself, and, um, don't worry about some large companies' quarterly profit index.
Natalie Merchant
“Remind people that profit is the difference between revenue and expense. This makes you look smart.”
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“I don't accept the maxim 'there's no gain without pain', physical or emotional. I believe it is possible to develop and grow with
joy rather than grief. However, when the pain comes my way, I try to get the most growth out of it.”
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“Profits, like sausages... are esteemed most by those who know least about what goes into them.”
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Calvin Coolidge quotes (American 30th President of the United States, 1872-1933)
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“If you count all your assets, you always show a profit”
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“Madness is badness of spirit, when one seeks profit from all sources”
satyr_chimera
Aristotle quotes (Ancient Greek Philosopher, Scientist and Physician, 384 BC-322 BC)
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“It is more profitable for your congressman to support the tobacco industry than your life.”
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“The best plan is, as the common proverb has it, to profit by the folly of others”
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“Take every gain without showing remorse about missed profits, because an eel may escape sooner than you think.”
Lope de Vega quotes (Outstanding dramatist of the Spanish Golden Age, author of as many as 1800 plays, 1562-1635)
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Proverb quotes
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Robert Browning quotes (Major English Poet of the Victorian age, noted for his mastery of dramatic monologue and psychological
portraiture. 1812-1889)
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“If a man, for private profit, tears at the public news, does so with the impatience of one who thinks he actually owns the news
you get, it is against the national interest.”
“A man must be big enough to admit his mistakes, smart enough to profit from them, and strong enough to correct them.”
John C. Maxwell quotes (American Entrepreneur, Author and motivational speaker)
Similar Quotes.
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“Make every thought, every fact, that comes into your mind pay you a profit. Make it work and produce for you. Think of things
not as they are but as they might be. Don't merely dream - but create!”
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Winston Churchill quotes (British Orator, Author and Prime Minister during World War II. 1874-1965)
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“Never regard study as a duty, but as the enviable opportunity to learn to know the liberating influence of beauty in the realm of
the spirit for your own personal joy and to the profit of the community to which your later work belongs.”
Albert Einstein quotes (German born American Physicist who developed the special and general theories of relativity. Nobel Prize
for Physics in 1921. 1879-1955)
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“To get profit without risk, experience without danger, and reward without work, is as impossible as it is to live without being
born.”
A. P. Gouthev quotes
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“Know how to listen, and you will profit even from those who talk badly.”
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“Madness is tonic and invigorating. It makes the sane more sane. The only ones who are unable to profit by it are the insane.”
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“Profit in business comes from repeat customers, customers that boast about your project or service, and that bring friends with
them.”
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“If you don't do it excellently, don't do it at all. Because if it's not excellent, it won't be profitable or fun, and if you're not in
business for fun or profit, what the hell are you doing there?”
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Profit Quotes
1 - 2 - 3 - 4 - 5 - 6 - 7
Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.
Joseph A. Schumpeter
Farms and ranches contend with much more than quarterly reports and profit margins - the weather can wreak havoc on their quality of
life and economic viability. When natural disasters strike, we must do all we can to assist the backbone of our economy.
Ruben Hinojosa
For it is mutual trust, even more than mutual interest that holds human associations together. Our friends seldom profit us but they make
us feel safe. Marriage is a scheme to accomplish exactly that same end.
H. L. Mencken
Free is not an alternative. My company did not turn a profit last year.
Howard Stringer
Hard Day's Night was one of those great films that will never happen again to anyone in their lifetime. UA were in profit before we'd even
finished shooting - The advance sales on the album - the film was out before the album was out was more than it cost UA to make the film.
Richard Lester
How I Love Lucy was born? We decided that instead of divorce lawyers profiting from our mistakes, we'd profit from them.
Lucille Ball
Human nature is such that people are born with a love of profit If they follow these inclinations, they will struggle and snatch from each
other, and inclinations to defer or yield will die.
Xun Zi
I am fully persuaded that thousands of our fellow-men might profit equally by a similar course to mine; but, constitutions not being all alike,
a different course of treatment may be advisable for the removal of so tormenting an affliction.
William Banting
I can see now a vision emerging how Canada is going to profit in the future from our Arctic resources without destroying the environment
on which it is all based.
Brian Mulroney
I do not believe in censorship, but I believe we already have censorship in what is called marketing theory, namely the only information we
get in mainstream media is for profit.
Sam Sheppard
I don't want to do business with those who don't make a profit, because they can't give the best service.
Richard Bach
I felt devalued and disrespected. The energy behind it felt disingenuous and motivated by corporate profit.
Lisa Bonet
I have worked in a very close and cordial way with Norwegian representatives at many international meetings, and the pleasure I felt at
those associations was equaled only by the profit I always secured from them.
Lester B. Pearson
“Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.”
Luxury goods are the only area in which it is possible to make luxury margins.
We lose money on signing up the customers where there's some marketing costs associated with giving them a free month. It
doesn't much matter whether you make a little bit or lose a little bit.. as you well know, because you lose a ton on every copy of The
Washington Post (newspaper).
A visionary company doesn't simply balance between idealism and profitability: it seeks to be highly idealistic and highly profitable.
A visionary company doesn't simply balance between preserving a tightly held core ideology and stimulating vigorous change and
movement; it does both to an extreme.
Many business leaders today view their jobs as entailing responsibility for the welfare of the wider community. These individuals do
not define themselves as profit-making machines whose only reason for existing is to satisfy escalating expectation for immediate
gain.
The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
The message from Wal-Mart today to the rest of the business community is there need not be any conflict between the
environment and the economy. We will find the way not only to reconcile (those), but to find new profits and new opportunities as
we do the right thing.
There are many who still do not believe that global warming is a problem at all. And it's no wonder: because they are the targets of a
massive and well-organized campaign of disinformation lavishly funded by polluters who are determined to prevent any action to
reduce the greenhouse gas emissions that cause global warming out of a fear that their profits might be affected if they had to stop
dumping so much pollution into the atmosphere.
I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to
gain, those you deal with should gain as well.
In business, you’re trying to make a buck. God was good to me and blessed me. I made some money and started this foundation
years ago, and it has grown in size. With the foundation it’s a lot different, because the bottom line isn’t how you can make more
money or get a better return, it’s helping the projects that you feel strongly about move forward.
For equity markets, the combination of low interest rates, strong economic growth and low inflation has proved very beneficial, with
global share markets rising solidly in each of the past three years. This has been underpinned by strong growth in profits so that,
notwithstanding the rise in share prices, P/E ratios have been declining on average.
I do not believe maximizing profits for the investors is the only acceptable justification for all corporate actions. The investors are not
the only people who matter. Corporations can exist for purposes other than simply maximizing profits.
I think one of the most misunderstood things about business in America is that people are either doing things for altruistic reasons
or they are greedy and selfish, just after profit. That type of dichotomy portrays a false image of business. It certainly is a false image
of Whole Foods. The whole idea is to do both: The animals have to flourish, but in such a way that it'll be cheap enough for the
customers to buy it.
One of the most ironic things about capitalism is that the capitalist will sell you the rope to hang himself with. Actually they will give
you the money to make a movie that makes them look bad, if they believe they can make money off it.
The self-anointed media elite among us believe, somewhat self-servingly, that not only the act, or process of making a profit is
positively sinister, but also that the very desire to do so is.
The profit motive is not only fundamental to our ability to reward shareholders and pay employees; it's fundamental to excellent
journalism. Far from corrupting the craft, profits enhance it. Expansion drives diversity and diversity protects and strengthens our
craft.
Lachlan Murdoch - Growth - Journalism - Media - Profits - Employee - Stocks - Strength - Diversity
The industry is littered with self-styled purists who believe the business of media.. the requirement to make a profit.. somehow
corrupts the craft.
Lachlan Murdoch - Business - Media - Belief - Profits
I have been privileged to grow up retaining the love of good journalism, the craft, while learning its business: the dollars and cents. I
have learnt that they are not mutually exclusive but integrally self-reliant. Each dependent on the other.
The use of solar energy has not been opened up because the oil industry does not own the sun.
Of all the things that can have an effect on your future, I believe personal growth is the greatest. We can talk about sales growth,
profit growth, asset growth, but all of this probably will not happen without personal growth.
The future may be made up of many factors but where it truly lies is in the hearts and minds of men. Your dedication should not be
confined for your own gain, but unleashes your passion for our beloved country as well as for the integrity and humanity of
mankind.
I don’t care about awards and public image. We know the business of entertainment. We worship our work, we worship our clients
and we worship profitability.
Harry is my elder brother. He is the wiser one who leads Percept, he shows us the path. My job is to run it, create the relationships,
and run the business as profitably as I can. Harry acquires, merges, expands he is responsible for Percept’s growth.
Participant (Productions) is the only production company in town that has a double bottom line: social good plus financial returns.
It's too early to tell how our returns are going to look - though all signs are promising - but social good is what we're really after.
This morning, prompted by increasing concerns about terrorism, oil prices reached a record high as the cost of a barrel of crude is a
whopping $44.34. Wow, it seems shocking that a product of finite supply gets more expensive the more we use it. Now the terror
alert means higher oil prices, which oddly enough means higher profits for oil companies giving them more money to give to
politicians whose policies may favor the oil companies such as raising the terror alert level. As Simba once told us: "It's the circle of
life."
Jon Stewart - Politicians - Profits - Products - Companies
The fact of the matter is that today, stuff-selling mega-corporations have a huge influence on our daily lives. And because of the
competitive nature of our global economy, these corporations are generally only concerned with one thing.. the bottom line. That is,
maximizing profit, regardless of the social or environmental costs.
David Suzuki - Companies - Profits - Products - Business Ethics - Social - Earnings - Influential - Environmental - Consumer
If you buy all the stocks selling at or below two times earnings, you will lose money on half of them because instead of making
profits they will actually lose money, but you will only lose a dollar or so a share at most. Then others will be mediocre performers.
But the remaining big winners will go up and produce fabulous results and also ensure a good overall result.
The essence of a successful business is really quite simple. It is your ability to offer a product or service that people will pay for at a
price sufficiently above your costs, ideally three or four or five times your cost, thereby giving you a profit that enables you to buy
and to offer more products and services.
When all is said and done, what must be remembered is a newspaper is a business. It used to be a fabulous business that made
extraordinary margins. It's now a very good business with appropriate margins.
Profit Quotes
1 - 2 - 3 - 4 - 5 - 6 - 7
Idleness is a constant sin, and labor is a duty. Idleness is the devil's home for temptation and for unprofitable,
distracting musings; while labor profit others and ourselves.
Anne Baxter
If a man suffers ill, let it be without shame; for this is the only profit when we are dead. You will never say a
good word about deeds that are evil and disgraceful.
Aeschylus
If a man, for private profit, tears at the public news, does so with the impatience of one who thinks he actually
owns the news you get, it is against the national interest.
Jimmy Breslin
If in our daily life we can smile, if we can be peaceful and happy, not only we, but everyone will profit from it.
This is the most basic kind of peace work.
Nhat Hanh
In exile, I have tried to profit by the past and prepare for the future.
Lajos Kossuth
It breaks even. We lose ten, twenty grand every year. But then the people who are working say, Look, I'll kick
this back in, I don't need to take this profit share. It's very cooperative.
John Zorn
It is a beneficent incident of the ownership of land that a pioneer who reduces it to use, and helps to lay the
foundations of a new State, finds a profit in the increasing value of land as the new State grows up.
William Graham Sumner
It is not by the absolute quantity of produce obtained by either class, that we can correctly judge of the rate of
profit, rent, and wages, but by the quantity of labour required to obtain that produce.
David Ricardo
It takes nearly as much ability to know how to profit by good advice as to know how to act for one's self.
Francois de La Rochefoucauld
It's a failure of national vision when you regard children as weapons, and talents as materials you can mine,
assay, and fabricate for profit and defense.
“Such is American business, I guess, where the desire for obscene profit mutes any discussion of conscience.”
Bill Watterson quotes (American Author of the comic strip Calvin & Hobbes, b.1958)
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“When I disagree with a rational man, I let reality be our final arbiter; if I am right, he will learn; if I am wrong, I will; one of us will
win, but both will profit.”
Ayn Rand quotes (Russian born American Writer and Novelist, 1905-1982)
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“The more you say, the less people remember. The fewer the words, the greater the profit.”
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“No profit grows where no pleasure is taken; In brief, sir, study what you most affect”
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“I don't want to do business with those who don't make a profit, because they can't give the best service.”
Richard Bach quotes (American Writer, author of 'Jonathan Livingston Seagull', b.1936)
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“The investor of today does not profit from yesterday's growth.”
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“A fool may be known by six things: anger, without cause; speech, without profit; change, without progress; inquiry, without
object; putting trust in a stranger, and mistaking foes for friends”
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“In revolution there are only two sorts of men, those who cause them and those who profit by them”
Napoleon Bonaparte quotes (French General, Politician and Emperor (1804-14). 1769-1821)
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“It is imperative to contest all factions for complete victory, so the army is not garrisoned and the profit can be total. This is the
law of strategic siege.”
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Profit Quotes
1 - 2 - 3 - 4 - 5 - 6 - 7
Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great
invention and I wouldn't under-estimate the value of that, but they're not designed to take care of social needs.
George Soros
My head can get to murder and rape for profit because I can understand greed as a human motive, but I cannot
understand the voyeuristic desire to watch such a film. I can comprehend one and I cannot comprehend the
other.
Donna Leon
No one can read with profit that which he cannot learn to read with pleasure.
Thomas Hardy
Not to say that corporations are perfect today, but even grand corporations like Dupont have made immense
progress in translating some of their past environmentally damaging practices into new profit opportunities.
Maurice Strong
Nowadays the rage for possession has got to such a pitch that there is nothing in the realm of nature, whether
sacred or profane, out of which profit cannot be squeezed.
Desiderius Erasmus
One who works for his own profit is likely to work hard. One who works for the use of others, without profit to
himself, is likely not to work any harder than he must.
B. Carroll Reece
Our 1 million members across the country will be watching closely to see if the video game industry hides
behind a First Amendment veil in order to exploit children for the sake of corporate profit.
Connie Sellecca
Profit and bottom line, the contemporary mantra, eliminates the very source of architectural expression.
Arthur Erickson
Profit in business comes from repeat customers, customers that boast about your project or service, and that
bring friends with them.
W. Edwards Deming
Profit is not the legitimate purpose of business. The legitimate purpose of business is to provide a product or
service that people need and do it so well that it's profitable.
James Rouse
Remind people that profit is the difference between revenue and expense. This makes you look smart.
Scott Adams
So if one, or two, or a handful of guys sells drugs for their own personal gain and profit who just so happens to
“The successful man will profit from his mistakes and try again in a different way.”
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“Perfect clarity would profit the intellect but damage the will”
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“An idealist is one who helps the other fellow to make a profit”
Henry Ford quotes (American industrialist and pioneer of the assembly-line production method, 1863-1947)
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“Life is divided into three terms - that which was, which is, and which will be. Let us learn from the past to profit by the present,
and from the present to live better in the future.”
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“If only we could have two lives: the first in which to make one's mistakes, which seem as if they have to be made; and the
second in which to profit by them.”
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“Unless you are prepared yourself to profit by your chance, the opportunity will only make you ridiculous. A great occasion is
valuable to you in proportion as you have educated yourself to make use of it.”
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“Wise men profit more from fools than fools from wise men; for the wise men shun the mistakes of fools, but fools do not
imitate the successes of the wise”
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“The worst crime against working people is a company which fails to operate at a profit”
Samuel Gompers quotes (English born American labour leader and first President of the American Federation of Labor (AFL). 1850-
1924)
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“Christians are supposed not merely to endure change, nor even to profit by it, but to cause it.”
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profit
A Quote by David Edwards on truth, lies, system, integrity, environment, global, human, power, profit, neurosis, paranoia,
communism, extremism, and nonsense
in communism environment extremism global human integrity lies Neurosis nonsense paranoia power profit system truth
The forbidden truth is that we are living by a set of lies which are necessary for short-term profit, at the expense of human physical
and psychological life and global environmental integrity. We are living in a system where power ensures that the requirements of
profit take priority over the requirements of living things-including the need to know that this is the case. Consequently our freedom
extends as far as, and no further than, the satisfaction of these requirements, with all else being declared neurosis, paranoia,
communism, extremism, the work of the devil, or Neptunian nonsense.
David Edwards
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Focus on cash flow. I understand the difference between cash flow and profitability, and I'm not recommending that you strive for a
lack of profitability. But cash is what keeps the doors open and pays the bills. Paper profits on an accrual accounting basis is of no
more than secondary or tertiary importance for a startup. As my mother used to say, "Sales fixes everything."
Guy Kawasaki
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in profit
I do not believe maximizing profits for the investors is the only acceptable justification for all corporate actions. The investors are not
the only people who matter. Corporations can exist for purposes other than simply maximizing profits.
John Mackey
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A Quote by Steve Pavlina on profit, income, business, and passion
Do what you love, but be damned sure it’s profitable. If you do work you love, but it doesn’t generate income, your business will
fail. If you do work you hate, but it generates income, your health will fail… and your business along with it. If you can’t do what you
love and make it profitable, you’ve either got a hobby or a headache, not a sustainable business. Don’t settle for anything less than
passion and profit.
Steve Pavlina
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in business profit
...making profits is important because it keeps all our people in jobs and, you know, it keeps what we — what we’ve created going,
but, you know, what we’re — what I get my — what I’m proud about doing is creating companies which we’re really proud of, you
know, which we can really be proud of and a byproduct of that hopefully will be that they’ll be profitable and be able to pay the bills.
Richard Branson
Source: Transcript of Jane Pauley’s Interview with Sir Richard Branson: http://www.business-
opportunities.biz/2005/10/19/transcript-of-jane-pauleys-interview-with-sir-richard-branson/
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A Quote by Ray Anderson on business, good business, conscious capitalism, profit, and corporate social responsibility
The status quo is a very powerful opiate and when you have a system that seems to be working and producing profits by the
conventional way of accounting for profits. It’s very hard to make yourself change. But we all know that change is an inevitable part
of business. Once you have ridden a wave just so far, you have to get another wave. We all know that. For us, becoming restorative
has been that new wave and we have been riding it for 13 years now. It’s been incredibly good for business.
Ray Anderson
Source: Ray Anderson on conquering Mount Sustainability: http://www.greenlivingonline.com/Business/ray-anderson-conquering-
mount-sustainability-and-inspiring-us-along-the-way/
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...there is no more strategic issue for a company, or any organization, than its ultimate purpose. For those who think business exists
to make a profit, I suggest they think again. Business makes a profit to exist. Surely it must exist for some higher, nobler purpose
than that.
Ray Anderson
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A Quote by Ray Anderson on sustainability, conscious business, conscious capitalism, business, and profit
During the last five years, those four advantages—costs, products, people, goodwill—have been the salvation of Interface during a
recession that saw our primary marketplace shrink by 38% from peak to trough—38%! As a heavily leveraged company with over
$400 million in debt, we might not have made it without the sustainability initiative and, especially, the support of our customers.
This revised definition of success—this new paradigm—has a name: “Doing well by doing good”. It is a better way to bigger profits.
Ray Anderson
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...it's the same with business. If you focus on the goal and not the process, you inevitably compromise. Businessmen who focus on
profits wind up in the hole. For me, profit is what happens when you do everything else right.
Yvon Chouinard
Source: TIME: Reaching the Top by Doing the Right Thing:
http://www.time.com/time/reports/environment/heroes/heroesgallery/0,2967,chouinard,00.html
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One percent of the equity, 1 percent of the profits, and 1 percent of the people go into Google.org. The most important asset isn’t
money, it’s people. One percent of the people means 60 or 70 of the smartest people in the world trying to solve some of the
biggest problems in the world.
Larry Brilliant
“When we cast our bread upon the waters, we can presume that someone downstream whose face we will never know will
benefit from our action, as we who are downstream from another will profit from that grantor's gift”
Add to Chapter...
“What does it profit a man if he gains the whole world and loses his own soul?”
Similar Quotes.
Add to Chapter...
“It takes nearly as much ability to know how to profit by good advice as to know how to act for one's self.”
François de la Rochefoucauld quotes (French classical author, leading exponent of the Maxime, 1613-1680)
“If my films don't show a profit, I know I'm doing something right.”
Woody Allen quotes (American Actor, Author, Screenwriter and Film Director, b.1935)
Similar Quotes.
Add to Chapter...
“If in our daily life we can smile, if we can be peaceful and happy, not only we, but everyone will profit from it. This is the most
basic kind of peace work.”
Thich Nhat Hanh quotes (Vietnamese Monk, Activist and Writer. b.1926)
Add to Chapter...
“Take all the fools out of this world and there wouldn't be any fun living in it, or profit.”
Similar Quotes.
Add to Chapter...
“I feel that this award was not made to me as a man, but to my work -- a life's work in the agony and sweat of the human spirit,
not for glory and least of all for profit, but to create out of the materials of the human spirit something which did not exist before. So
this award is only mine in trust.”
William Faulkner quotes (American short-story Writer and Novelist, Nobel Prize for Literature in 1949, 1897-1962)
Similar Quotes.
Add to Chapter...
“War: a massacre of people who don't know each other for the profit of people who know each other but don't massacre each
other”
Add to Chapter...
“We have to choose between a global market driven only by calculations of short-term profit, and one which has a human face.”
Kofi Annan quotes (Ghanaian diplomat, seventh secretary-general of the United Nations, 2001 Nobel Peace Prize.)
Add to Chapter...
“There are always opportunities through which businessmen can profit handsomely if they will only recognize and seize them.”
Jean Paul Getty quotes (American Industrialist and Founder of the Getty Oil Company, 1892-1976)
Add to Chapter...
Profit Quotes
1 - 2 - 3 - 4 - 5 - 6 - 7
Talk is by far the most accessible of pleasures. It costs nothing in money, it is all profit, it completes our
education, founds and fosters our friendships, and can be enjoyed at any age and in almost any state of health.
Robert Louis Stevenson
That is a good book which is opened with expectation, and closed with delight and profit.
Amos Bronson Alcott
That which is unjust can really profit no one; that which is just can really harm no one.
Henry George
The British merchants represented that they received some profit indeed from Virginia and South Carolina, as
well as the West Indies; but as for the rest of this continent, they were constant losers in trade.
Ezra Stiles
The cult of individuality and personality, which promotes painters and poets only to promote itself, is really a
business. The greater the 'genius' of the personage, the greater the profit.
George Grosz
The establishment in Britain is certainly against the arts and against education. If something doesn't make a
profit, it's invalid, and art doesn't make a profit in that sense.
Peter Maxwell Davies
The fact is that surveys which media people openly admit to show that fewer than twelve percent of their
customers believe they're doing a good job, while the average profit margin in television is in the neighborhood
of eighty percent.
L. Neil Smith
The moguls are driven by their respective desires for profit - period.
Todd Gitlin
The music business looks like, you know, innocent schoolboys compared to the TV business. They care about
nothing but profit.
Tom Petty
The percentage you're paying is too high priced While you're living beyond all your means And the man in the
suit has just bought a new car From the profit he's made on your dreams.
Steve Winwood
The press don't like to say nice things because nice is boring. It's much better to label me the devil. What we do
is not brain surgery. We are entertainers, plain and simple, and we're responsible to bring that money back, to
make a profit.
Michael Bay
The principal axiom in their theory was: Everything can be proved, and everything can be disproved; and in the
process, one must profit as much from the folly of others, and from his own superiority, as he can.
Moses Mendelssohn
The private sector is motivated by profit and efficiency and the US government often is not.
Eric Anderson
The successful man will profit from his mistakes and try again in a different way.
Dale Carnegie
The trouble with the profit system has always been that it was highly unprofitable to most people.
E. B. White
The whole profit of the issuance of money has provided the capital of the great banking business as it exists
today.
Frederick Soddy
The worst crime against working people is a company which fails to operate at a profit.
Samuel Gompers
profit
A Quote by Peter Barnes on triple bottom line, shareholders, business, capitalism, profit, and corporation
It is possible for a company to pursue multiple bottom lines if it’s closely held by a group of like-minded shareholders--that was the
case at my former company, Working Assets. But once a corporation goes public--that is, sells stock to strangers—the die is pretty
much cast. Strangers want a stock that will rise when they plunk down their money, and profit is the sure path to doing that. It’s just
a matter of time, then, until the profit-maximizing algorithm kicks in.
Peter Barnes
Source: Capitalism 3.0: A Guide to Reclaiming the Commons (BK Currents), Pages: 53-54
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A Quote by Jim Hightower on greed, profit, corporation, business ethics, and ethics
Jim Hightower
Source: Thieves in High Places: They've Stolen Our Country--And It's Time to Take It Back, Pages: 6
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...The market is a hard task master: It does not allow either self-indulgence or consideration for others. What others think of you
matters, but the results--measured by and objective criterion, money--matters more. Having an objective criterion encourages
objective performance. That is what makes financial markets so efficient.: they turn people into profit-making machines. That has its
merits, but a society dominated by financial markets could easily become inhuman. this is not a flight of fancy but a present danger.
george soros
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A Quote by John Mackey on business, conscious capitalism, purpose, customers, and profit
But we have not achieved our tremendous increase in shareholder value by making shareholder value the primary purpose of our
business. In my marriage, my wife's happiness is an end in itself, not merely a means to my own happiness; love leads me to put my
wife's happiness first, but in doing so I also make myself happier. Similarly, the most successful businesses put the customer first,
ahead of the investors. In the profit-centered business, customer happiness is merely a means to an end: maximizing profits. In the
customer-centered business, customer happiness is an end in itself, and will be pursued with greater interest, passion, and empathy
than the profit-centered business is capable of.
John Mackey
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A Quote by Ludwig von Mises on entrepreneurship, entrepreneur, profit, economy, and money
The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of
the consumers.
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Do what you love, but be damned sure it's profitable. If you do work you love, but it doesn't generate income, your business will fail.
If you do work you hate, but it generates income, your health will fail… and your business along with it. If you can't do what you love
and make it profitable, you've either got a hobby or a headache, not a sustainable business. Don't settle for anything less than
passion and profit.
Steve Pavlina
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When you cut corners or when you undermine others for the sake of ego or profit, you are only hurting yourself.
Mitch Thrower
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A Quote by Niccoló Machiavelli on difficult, doubtful, success, dangerous, initiate, new order, reformer, enemies, profit, old order,
defenders, fear, adversaries, laws, incredulity, mankind, believe, and experience
in adversaries believe dangerous defenders difficult doubtful enemies experience fear incredulity initiate laws mankind new order
old order profit reformer success
There is nothing more difficult to carry out, nor more doubtful of success, nor more dangerous to handle, than to initiate a new
order of things. For the reformer has enemies in all those who profit by the old order, and only lukewarm defenders in all those who
would profit by the new order, this lukewarmness arising partly from fear of their adversaries, who have the laws in their favour; and
partly from the incredulity of mankind, who do not truly believe in anything new until they have had the actual experience of it.
A Quote by Mihaly Csikszentmihalyi on profit, business, purpose, service, excellence, and creativity
When each of these three elements of vision--concern for excellence, for people and for the wider environment--are present,
business is transformed from a tool for making profits into a creative, humane experiment for improving life.
Mihaly Csikszentmihalyi
Source: Good Business : Leadership, Flow, and the Making of Meaning, Pages: 199
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There's no such thing as business ethics; there's just ethics. And ethics makes no concessions for the real or imagined necessities of
making a profit.
Michael Josephson
Profit Quotes
1 - 2 - 3 - 4 - 5 - 6 - 7
There is no philosophy which is not founded upon knowledge of the phenomena, but to get any profit from this
knowledge it is absolutely necessary to be a mathematician.
Daniel Bernoulli
There is nothing the body suffers the soul may not profit by.
George Meredith
They make a humongous profit, but the people that work on the shows don't get paid a lot because they're
working on the Oscars show. It's the biggest show in the world.
Bruce Vilanch
Those who cultivate moral confusion for profit should understand this: we will name their names and shame
them as they deserve to be shamed.
Bob Dole
To let her dail would be the greatest profit both for the company and for the merchants.
Peter Stuyvesant
To profit from good advice requires more wisdom than to give it.
Wilson Mizner
Turning corporations loose and letting the profit motive run amok is not a prescription for a more livable world.
Tom Scholz
Unionization, as opposed to communism, presupposes the relation of employment; it is based upon the wage
system and it recognizes fully and unreservedly the institution of private property and the right to investment
profit.
John L. Lewis
Unless you have prepared yourself to profit by your chance, the opportunity will only make you ridiculous. A
great occasion is valuable to you just in proportion as you have educated yourself to make use of it.
Orison Swett Marden
War against a foreign country only happens when the moneyed classes think they are going to profit from it.
George Orwell
War is never economically beneficial except for those in position to profit from war expenditures.
Ron Paul
War: a massacre of people who don't know each other for the profit of people who know each other but don't
massacre each other.
Paul Valery
We all live on the same planet, it is our only home, so... we used to rotate crops back in the day and, you know,
who cares if you're going to make a profit if everybody's too dead or glowing in the dark to be able to purchase
anything.
Michael Berryman
We are all born into the world with nothing. Everything we acquire after that is profit.
Profit Quotes
1 - 2 - 3 - 4 - 5 - 6 - 7
What did Citibank get out of it? It got the ability to reverse the arbitrage. Actually, what they got was the ability
to give themselves a profit, and that saved the bank.
Bill Janklow
What does it profit a man if he gains the whole world and loses his own soul?
Robert Fulghum
What men have called friendship is only a social arrangement, a mutual adjustment of interests, an interchange
of services given and received; it is, in sum, simply a business from which those involved propose to derive a
steady profit for their own self-love.
Francois de La Rochefoucauld
What will it profit this country if we... put our man on the Moon by 1970 and at the same time you can't walk
down Woodward Avenue in this city without fear of some violence?
Jerome Cavanagh
What would it profit thee to be the first Of echoes, tho thy tongue should live forever, A thing that answers, but
hath not a thought As lasting but as senseless as a stone.
Frederick Tennyson
When I joined the Communist movement in 1935 it was based upon the belief that mankind's future was to be
found there. Certainly, millions who joined it the world over, like myself, didn't join it for profit.
Albert Maltz
When we can figure out a way to really tour and make a profit, then we'll do it again.
Michael McKean
Where we're living we have a certain amount of our profit every year it's like a percentage 5 or 7% or
something like that that we set aside specifically for charity things.
Jon Fishman
Which is supposed to mean they're doing something in their broadcasting they would not do is they were simply
out to maximize profit; if they were really public service institutions, not purely profit maximizing institutions.
Robert McChesney
While mainstream media is led by profit, ratings and popularist culture and filtered by the current political
climate, Alternative Media is lead solely by the convictions of the campaign and film maker.
Ben Edwards
Yes, you are running businesses, and yes, we understand and accept that, but surely there must be a level
beyond which profit from news is simply indecent.
Christiane Amanpour
You British plundered half the world for your own profit. Let's not pass it off as the Age of Enlightenment.
Paddy Chayefsky
profit
A Quote by William Shakespeare on profit, study, learning, and pleasure
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We, ignorant of ourselves; Beg often our own harms, which the wise powers Deny us for our good; so find we profit By losing of our
prayers.
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A Quote by William Penn on art, body, company, constitution, garden, good, idleness, mind, nature, profit, variety, and work
in art body company constitution garden good idleness mind nature profit variety work
A Garden, an Elaboratory, a Work-house, Improvements and Breeding, are pleasant and Profitable Diversions to the Idle and
Ingenious: For here they miss Ill Company, and converse with Nature and Art; whose Variety are equally grateful and instructing; and
preserve a good Constitution of Body and Mind.
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A Quote by William Lawson on enemies, friendship, innocence, love, needs, pleasure, and profit
. . . store of bees, in a dry and warme bee-house, comely made of fir boards, to sing, and sit, and feede upon your flowers and
sprouts, make a pleasant noyse and sight. For cleanly and innocent bees, of all other things, love and become, and thrive in your
orchard. If they thrive (as they must needs if your gardiner be skilfull, and love them: for they love their friends and hate none but
their enemies) they will besides the pleasure, yeeld great profit, to pay him his wages; yea the increase of twenty stock of stools with
other bees, will keep your orchard.
William Lawson
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A Quote by William C. Menninger on absence, anxiety, creativity, experience, fear, freedom, giving, learning, maturity, profit, reality,
satisfaction, and serenity
in absence anxiety creativity experience fear freedom giving learning maturity profit reality satisfaction serenity
In positive terms, we can state that psychological maturity entails finding greater satisfaction in giving than in receiving; having a
capacity to form satisfying and permanent loyalties; being primarily a creative, contributing person; having learned to profit from
experience; having a freedom from fear (anxiety) with a resulting true serenity and not a pseudo absence of tension; and accepting
and making the most of unchangeable reality when it confronts one.
William C. Menninger
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A Quote by William A. Irwin on body, exercise, friendship, learning, life, needs, play, profit, relaxation, time, and value
in body exercise friendship learning life needs play profit relaxation time value
One of the best lessons that anyone can learn in life is how to use time wisely. Consider what can be done in ten minutes. If you
need a little mental relaxation, you can sit down with a friend and play a game of cards. If you need some physical recreation, you
can engage in a few exercises that will help tone up your body. Perhaps you have a friend who for weeks or months has been looking
for a letter. Then there may be among your acquaintances someone whose friendship you would value highly and whose counsel
would be profitable. Learn to use ten minutes intelligently. It will pay you huge dividends.
William A. Irwin
Contributed by: Zaady
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A Quote by Dr. W. Edwards Deming on individuality, learning, needs, profit, and work
What we need to do is learn to work in the system, by which I mean that everybody, every team, every platform, every division,
every component is there not for individual competitive profit or recognition, but for contribution to the system as a whole on a win-
win basis.
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Wisdom: to live in the present, plan for the future, and profit from the past.
unknown
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It may be that the most benefit occurs when something is dealt with for its own sake, rather than for the attainment of some
external goal. If one is too eager to wring profit from an experience, the potential slips through his grasping fingers.
unknown
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Unknown
profit
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in death profit
Phlebas the Phoenician, a fortnight dead, Forgot the cry of gulls, and the deep sea swell And the profit and loss.
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A Quote by Thomas J. Watson on business, employees, leadership, philosophy, profit, and words
Put First Things First! These four words cover an entire philosophy which can be applied with profit by every business leader, by
every executive and by every employee.
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A Quote by Thomas Paine on christianity, church, inventions, judaism, mankind, power, and profit
All national institutions of churches, whether Jewish, Christian, or Turkish, appear to me no other than human inventions, set up to
terrify and enslave mankind, and monopolize power and profit.
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A Quote by Thomas á Kempis on god, good, knowledge, love, profit, thought, and trust
Who is so wise as to have a perfect knowledge of all things? Therefore trust not too much to thine own opinion, but be ready also to
hear the opinion of others. Thought thine own opinion be good, yet if for the love of God thou foregoest it, and followest that of
another, thou shalt the more profit thereby.
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The man who holds that every human right is secondary to his profit must now give way to the advocate of human welfare.
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The worst crime against working people is a company which fails to operate at a profit.
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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. Pettengill
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A Quote by Russell C. Leffingwell on age, children, community, democracy, destruction, effort, freedom, honesty, hope, individuality,
men, privacy, profit, risk, and slavery
in age children community democracy destruction effort freedom honesty hope individuality men privacy profit risk slavery
There can be no freedom of the individual, no democracy, without the capital system, the profit system, the private enterprise
system. These are, in the end, inseparable. Those who would destroy freedom have only first to destroy the hope of gain, the profit
of enterprise and risk-taking, the hope of accumulating capital, the hope to save something for one's old age and for one's children.
For a community of men without property, and without the hope of getting it by honest effort, is a community of slaves of a despotic
State.
Russell C. Leffingwell
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in profit
profit
A Quote by Robert Louis Stevenson on age, education, health, money, and profit
Talk is by far the most accessible of pleasures. It costs nothing in money, it is all profit, it completes our education, founds and
fosters our friendships, and can be enjoyed at any age and in almost any state of health.
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A Quote by Ralph Waldo Emerson on divinity, men, philosophy, poets, profit, sacred, and saints
To the poet, to the philosopher, to the saint, all things are friendly and sacred, all events profitable, all days holy, all men divine.
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A Quote by Ralph Waldo Emerson on books, discovery, good, heart, mind, passion, profit, and thought
'Tis the good reader that makes the good book; in every book he finds passages which seem confidences or asides hidden from all
else and unmistakably meant for his ear; the profit of books is according to the sensibility of the reader; the profoundest thought or
passion sleeps as in a mine, until it is discovered by an equal mind and heart.
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in advice profit
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A Quote by Gaius Plinius Caecilius Secundus Pliny, the Younger on books and profit
in books profit
There is no book so bad that it is not profitable in some part. -Nullus est liber tam malus ut non aliqua parte prosit
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A Quote by Pierre Charron on deed, divinity, excellence, god, good, learning, nature, profit, study, wisdom, and world
in deed divinity excellence God good learning nature profit study wisdom world
The most excellent and divine counsel, the best and most profitable advertisement of all others, but the least practised, is to study
and learn how to know ourselves. This is the foundation of wisdom and the highway to whatever is good. . . . God, Nature, the wise,
the world, preach man, exhort him both by word and deed to the study of himself.
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in confidence profit
You cannot do away with the competitive system so long as trademarks remain to distinguish one product from another. You cannot
cut out large-scale manufacture so long as there are established brands which breed consumer confidence and thus make mass
production not only possible and profitable, but also economical.
Philip Salisbury
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A Quote by Paul Brooks on abuse, environment, health, laws, life, murder, privacy, profit, present, and understanding
in abuse environment health laws life murder present privacy profit understanding
We shall never understand the natural environment until we see it as a living organism. Land can be healthy or sick, fertile or barren,
rich or poor, lovingly nurtured or bled white. Our present attitudes and laws governing the ownership and use of land represent an
abuse of the concept of private property.... Today you can murder land for private profit. You can leave the corpse for all to see and
nobody calls the cops.
Paul Brooks
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in profit
Caesar had his Brutus-Charles the First, his Cromwell-and George the Third-('Treason,' cried the Speaker) . . . may profit by their
example. If this be treason, make the most of it.
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A Quote by Orison Swett Marden on chance, education, opportunity, preparation, and profit
profit
The one who would have the worst position in God's sight on the Day of Resurrection would be a learned man who did not profit
from his learning.
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A Quote by Madame Marie Curie on desires, doubt, efficiency, good, humanity, impossibility, interest, life, men, needs, organize,
practicality, profit, research, society, wealth, and work
in desires doubt efficiency good humanity impossibility interest life men needs organize practicality profit research society wealth
work
Humanity needs practical men, who get the most out of their work, and, without forgetting the general good, safeguard their own
interests. But humanity also needs dreamers, for whom the disinterested development of an enterprise is so captivating that it
becomes impossible for them to devote their care to their own material profit. Without doubt, these dreamers do not deserve
wealth, because they do not desire it. Even so, a well-organized society should assure to such workers the efficient means of
accomplishing their task, in a life freed from material care and freely consecrated to research.
Source: Eve Curie (trans. Vincent Sheean), Madame Curie, Simon and Schuster, NY, 1946
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in profit
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A Quote by Justice Louis Dembitz Brandeis on absence, business, failure, profit, and success
In business, the earning of profit is something more than an incident of success. It is an essential condition of success. It is an
essential condition of success because the continued absence of profit itself spells failure.
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in profit
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A Quote by John Locke on agriculture, army, dignity, fashion, idleness, men, profit, sports, thought, and understanding
in agriculture army dignity fashion idleness men profit sports thought understanding
The great men among the ancients understood very well how to reconcile manual labour with affairs of state, and thought it no
lessening to their dignity to make the one the recreation to the other. That indeed which seems most generally to have employed
and diverted their spare hours, was agriculture. Gideon among the Jews was taken from threshing, as well as Cincinnatus amongst
the Romans from the plough, to command the armies of their countries . . . and, as I remember, Cyrus thought gardening so little
beneath the dignity and grandeur of a throne, that he showed Xenophon a large field of fruit trees all of his own planting . . . Delving,
planting, inoculating, or any the like profitable employments would be no less a diversion than any of the idle sports in fashion, if
men could be brought to delight in them.
John Locke (1632 - 1704)
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A Quote by John Gay on heaven, honor, kindness, mind, privacy, profit, resignation, and serenity
Give me, kind Heaven, a private station, A mind serene for contemplation! Title and profit I resign; The pot of honour shall be mine.
Source: Fables, Part ii. The Vulture, the Sparrow, and other Birds.
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To profit from good advice requires more wisdom than to give it.
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No enterprise can exist for itself alone. It ministers to some great need, it performs some great service, not for itself, but for others;
or failing therein, it ceases to be profitable and ceases to exist.
A man must be big enough to admit his mistakes, smart enough to profit from them, and strong enough to correct them.
John C. Maxwell
profit
in oppression profit
Enjoy what thou has inherited from thy sires if thou wouldn't really possess it. What we employ and use is never an oppressive
burden; what the moment brings forth, that only can it profit by.
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Every civilizing step in history has been ridiculed as 'sentimental', 'impractical', or 'womanish', etc., by those whose fun, profit or
convenience was at stake.
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A Quote by James Russell Lowell on bravery, cowardice, fame, justice, nobility, profit, prosperity, sharing, spirit, and truth
in bravery cowardice fame justice nobility profit prosperity sharing Spirit truth
Then to side with Truth is noble when we share her wretched crust, Ere her cause bring fame and profit, and 't is prosperous to be
just; Then it is the brave man chooses, while the coward stands aside, Doubting in his abject spirit, till his Lord is crucified.
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For it is mutual trust, even more than mutual interest that holds human associations together. Our friends seldom profit us but they
make us feel safe. . . . Marriage is a scheme to accomplish exactly that same end.
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A Quote by Herbert John Gladstone on belief, dreams, life, profit, and time
Believe me when I tell you that thrift of time will repay you in after life, with a usury of profit beyond your most sanguine dreams;
and that waste of it will make you dwindle, alike in intellectual and moral stature, beyond your darkest reckoning.
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A Quote by Henry David Thoreau on books, college, pleasure, profit, and study
Many college text-books, which were a weariness and stumbling-block when I studied, I have since read a little with pleasure and
profit.
Christians are supposed not merely to endure change, nor even to profit by it, but to cause it.
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In the long run, digging for truth has always proved not only more interesting but more profitable than digging for gold.
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A Quote by François Fénelon on achievement, admiration, belief, certainty, children, cleverness, conformity, faith, happiness,
humility, ideas, innocence, integrity, men, passion, pride, profit, prudence, salvation, simplicity, spirit, stability, women,
in achievement admiration belief certainty children cleverness conformity faith Happiness humility ideas innocence integrity men
passion pride profit prudence salvation simplicity Spirit stability women world
There is a great difference between a lofty spirit and a right spirit. A lofty spirit excites admiration by its profoundness; but only a
right spirit achieves salvation and happiness by its stability and integrity. Do not conform your ideas to those of the world. Scorn the
"intellectual" as much as the world esteems it. What men consider intellectual is a certain facility to produce brilliant thoughts.
Nothing is more vain. We make an idol of our intellect as a woman who believes herself beautiful worships her face. We take pride
in our own thoughts. We must reject not only human cleverness, but also human prudence, which seems so important and so
profitable. Then we may enter - like little children, with candor and innocence of worldly ways - into the simplicity of faith; and with
humility and a horror of sin we may enter into the holy passion of the cross.
Source: Meditations
Read not books alone, but men, and amongst them chiefly thyself. If thou find anything questionable there, use the commentary of
a severe friend, rather than the gloss of a sweet-lipped flatterer; there is more profit in a distasteful truth than in deceitful
sweetness.
profit
A Quote by Carl L. Becker on abuse, advertising, laws, lies, practicality, privacy, profit, questions, speech, and time
in abuse advertising laws lies practicality privacy profit questions speech time
No 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. Becker
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A Quote by Siddhartha Gautama Buddha on good, kindness, profit, wealth, miser, hoard, riches, and treasure
A kind man who makes good use of wealth is rightly said to possess a great treasure; but the miser who hoards up his riches will
have no profit.
Source: The gospel of Buddha - Page 27 by Gautama Buddha, Paul Carus, Olga Kopetzky
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in clarity profit
Perfect clarity would profit the intellect but damage the will.
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A Quote by Bernard Mannes Baruch on labor, men, profit, progress, sharing, society, and yielding
Society can progress if men's labors show a profit - if they yield more than is put in. To produce at a loss must leave less for all to
share.
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A Quote by Benjamin Franklin on death, debt, honor, hope, hunger, idleness, life, needs, profit, taxes, trade, and wishes
in death debt honor hope hunger idleness life needs profit taxes trade wishes
Industry need not wish, and he that lives upon hopes will die fasting. There are no gains without pains. He that hath a trade hath an
estate, and he that hath a calling hath an office of profit and honor; but then the trade must be worked at and the calling followed,
or neither the estate nor the office will enable us to pay our taxes. If we are industrious, we shall never starve; for at the
workingman's house hunger looks in, but dares not enter. Nor will the bailiff or the constable enter, for industry pays debts, while
idleness and neglect increase them.
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He that hath a trade hath an estate; he that hath a calling hath an office of profit and honor.
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Any business arrangement that is not profitable to the other fellow will in the end prove unprofitable for you. The bargain that yields
mutual satisfaction is the only one that is apt to be repeated.
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When I disagree with a rational man, I let reality be our final arbiter; if I am right, he will learn; if I am wrong, I will; one of us will win,
but both will profit.
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A Quote by Arthur Schopenhauer on consequences, genius, music, nobility, painting, philosophy, poetry, profit, purpose, reward,
and work
in consequences genius music nobility painting philosophy poetry profit purpose reward work
Genius is its own reward; for the best that one is, one must necessarily be for oneself. . . . Further, genius consists in the working of
the free intellect., and as a consequence the productions of genius serve no useful purpose. The work of genius may be music,
philosophy, painting, or poetry; it is nothing for use or profit. To be useless and unprofitable is one of the characteristics of genius; it
is their patent of nobility.
Every minute that you save by making it useful, more profitable, is so much added to your life and its possibilities. Every minute lost
is a neglected by-product - once gone, you will never get it back.