Business is best defined as: “Creating wealth through profitable transactions.”
I came to this definition many years ago after winning a job as General Manager of a medium-sized company and later boasting to a friend that revenue had increased threefold under my guidance. “Great,” he said, “but what about profit?”
This was a great question.
Business is about profits, and indeed every department within a business should be contributing to that, even if they are so called “offline activities”, such as perhaps the training manager or the IT Department.
To read the full, original article click on this link: There’s actually only one way to build a business | Anthill Magazine
Author: Roger La Salle
