Profit is the consequence of a service rendered, not of a deal made.
About this quote
- What does it mean?
- Profit arises from providing value to others, not merely from negotiating transactions.
- In plain terms
- Earn money by helping people, not just by making deals.
- What can you take from it?
- Focus on delivering value to generate profit.
Where it applies
Putting it to work
Questions to consider
- How do I measure the service behind my revenue?
- Is my profit tied to customer success?
Another view
Some deals create value without direct service, like arbitrage.
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