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Quote by Hendrith Smith

“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.”

Quote by Hendrith Smith

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Hendrith Smith

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“Investing requires a substantial amount of effort, skill, and wisdom. However, it shouldn’t be laborious. Look at the trees in the forest - are any of them laboring? Are any of the trees in the forest hustling or grinding? No, the trees in the forest are not laboring, hustling or grinding. It’s a natural flow, a progressive accumulation. The trees in the forest are active, yes. But their activity is with calm, temperance, strategy, consistency and faith - not laborious. At Mayflower-Plymouth, we invest like the trees in the forest - with calm, temperance, strategy, consistency, and faith.”

Permaculture EconomyMayflower Plymouth Capital LlcInvesting MindsetInvesting IntelligentlyInvesting Like ForestsInvesting PatientlyInvesting ProperlyLong Term InvestingNatural Investing
Author:Hendrith Vanlon Smith Jr
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“There are some parts of society where free markets and capitalism are a very bad idea and socialism is more preferable. They include: (a) Law enforcement /policing and (b )Healthcare basics. When police are incentivized to criminalize and profit on criminalization, society decays. And when those responsible for our healthcare profit most from our sickness, society decays.”

Society QuotesPermaculture EconomyPermaculture Economics
Book:Principles of a Permaculture Economy
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“Productivity is about turning valuable inputs into valuable outputs. Individual people are more productive when all the elements of the permaculture economy are at work in their lives. When individuals are productive, then businesses become productive. When businesses become productive, the nation becomes productive.”

South AfricaNigeriaPermaculture EconomyPermaculture EconomicsGhanaProductivity Quotes
Book:Principles of a Permaculture Economy
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“Individual profits cause collective growth and prosperity. It is necessary for individual people, businesses, and companies to profit, in a Permaculture Economy where justice is maintained and fairly applied. Profits are earned when efficiency is mastered. With profits, individuals invest in (a) new and innovative means of production which will allow more profits, or (b) they use profits to buy products or services from other individuals who are also seeking profit by providing value. Profits also incentivize individuals to be productive to begin with. If there will be no profit in an activity, business or industry, then individuals will decline participation. Since profits are only possible when buyers are satisfied with the productivity of sellers, then it is also true that an individual's willingness to participate in an activity, business or industry is preceded by the buyers satisfaction which allows them to profit. So, when buyers decline participation it forces sellers to decline participation. Inversely, if profits are removed through force of price controls by the government, then sellers will decline participation which then causes buyers to decline participation.”

Hendrith SmithPermaculture EconomyPermaculture EconomicsEconomics Philosophy
Book:Principles of a Permaculture Economy
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“The distribution of wealth and income is primarily the role and responsibility and freedom of individual people and businesses through their voluntary economic interaction with other people and businesses. And their voluntary exchange of economic value through products, services, and ideas. In this way, social mobility is maximized and a fluid class structure allows for both upward and downward economic movements; this is social justice.”

EconomyEconomistHendrith SmithPermaculture EconomyPermaculture EconomicsEconomics Philosophy
Book:Principles of a Permaculture Economy
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“Substitution competition is a natural limit or control on prices. In a permaculture economy, every useful product or service in a market coexists with a variety of substitutes. There is a point to which monopolies become uneconomical/ unprofitable. Almost every product or service, or their inputs, may be used for a variety of purposes by a variety of consumers, If the price (a) causes there to be more or less consumption of (b) then a and b are substitutes. Substitution competition eventually causes monopolies to shrink or fail , or creates new market space which renders the previous monopoly relatively smaller in size and therefore not a monopoly in the context of the expanded economy”

Hendrith SmithPermaculture EconomyPermaculture EconomicsMarketEconomics PhilosophyPrice QuotesCompetition Quotes
Book:Principles of a Permaculture Economy
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