Quotessence
Home / Authors / Hendrith Smith

Hendrith Smith Quotes

Author

Filter quotes by topic

Famous Hendrith Smith Quotes

“When our money is pooled together, we can do more good in the world. As spiritual people and conscious people, we can leverage our combined monetary power to have a greater influence on the economy and make it better reflect our values. At the same time, it can be profitable for each of us independently. There’s power in pooling capital. And that’s part of what we do at Mayflower-Plymouth.”

“Profit is good. Profit motivates businesses to be: (a) efficient - to do more with less, to consume fewer resources, to reduce and reuse waste. (b) productive - to allow for bigger profit margins. (c) Valuable - income, and therefore profit is only possible when we add value to our customers lives. When the value of our product or service is worth more to them than what it cost us to provide it, we profit.”

“Profit is good. Profit compells people to be: (a) efficient - to do more with less, to consume fewer resources, to reduce and reuse waste. (b) productive - to allow for bigger profit margins. (c) Valuable - income, and therefore profit is only possible when we add value to our customers lives. When the value of our product or service is worth more to them than what it cost us to provide it, we profit. And there’s no scarcity of possible profits. Every business should be profiting. When every business is profiting, that’s a lot of increased value going around.”

“Being a skilled professional at something does not automatically equate to being skilled at leading a business in that same profession. Someone could be a phenomenal hair stylist, but that doesn’t mean that they would be a great manager of a Salon. Business management requires its own skill set separate from being skilled at whatever service or product the business provides.”