Revenues Are Progressive|5 Minute Video
Is earnings an unclean word? Or are revenues progressive– the only thing that can move potatoes from Idaho to Manhattan and medication from America to Africa?
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Script:
What’s earnings? And why is it so important to everybody, not simply company owner and business owners?
Here’s a basic quiz: When you spend $100 on a brand-new set of shoes does the shop owner get to keep that $100?
The response, naturally, is … no.
The shop owner needs to pay all his company costs: employee salaries, stock, lease, materials, taxes and a lots other expenditures. His earnings is what’s left over. It’s his payment for the time and money he’s invested and the threat that he’s taken to keep his organization going.
Thank goodness for earnings. Revenues encourage individuals to work hard for themselves and make life better for others.
Take the example of Bill Gates. How did he become so rich? The response is that he created something that countless individuals so required and wanted that they reached into their pockets to spend for it– his Windows os, Word software application and other Microsoft products. What’s more he produced these items in a way that effectively utilized resources.
And what motivated him, and just about every other effective business owner, to work so hard? The answer is … revenues.
Without the reward of earnings, why would anybody spend his cost savings, work numerous hours, and take all the risks necessary to bring their services or product to the market? There’s an easy answer: they would not.
You don’t have make billions like Bill Gates.
Take a Montana cattle rancher who heads out in the dead of winter season, even in blizzards, to feed his cows, to keep them safe, and take care of them, making huge personal sacrifices so that New Yorkers can sit down to eat a nice steak.
Why does that rancher do that? Do you believe he does it because he likes New Yorkers? Obviously not! Due to the fact that he wants more for himself and his household, the rancher tends to his cattle. He wants earnings.
You can go to a grocery store any day of the week and if you want steak, they have it. If you want potatoes, they have them. Sugar, salt, potato chips, strawberries, peanut butter– they have it.
Each of those items is on the racks thanks to one thing– revenue.
The exact same is true for the device you’re watching this video course on– whether it’s a TELEVISION, a desktop or notebook computer, a smart phone, or a tablet.
And for every single part in those devices! They all exist– as countless other products we treasure and rely on exist– since of the revenue intention. No earnings and all of it goes away.
Here’s another reason the earnings intention is so crucial. Since they do not operate for earnings. No one is rewarded for great work and nearly no one is ever punished for inferior work.
And which establishments are you most satisfied with? The response is most likely to be the ones that run on a for-profit basis. If I’m dissatisfied with, state, an outlet store like Macy’s or Bloomingdale’s because it’s not offering me with the goods or services that I want, I can, in essence, fire that shop by taking my organization in other places.
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source
Is earnings a filthy word? Or are earnings progressive– the only thing that can move potatoes from Idaho to Manhattan and medication from America to Africa? He desires revenues.
They all exist– as millions of other items we treasure and depend upon exist– due to the fact that of the earnings motive. No earnings and it all goes away.