Quotessence
Home / Quotes / Quote by Hendrith Smith

Quote by Hendrith Smith

“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.”

Quote by Hendrith Smith

Author

Hendrith Smith

Browse famous quotes and profile details for Hendrith Smith. more

You May Also Like

“At Mayflower-Plymouth, we care about profit and growth. And just as much we also care about things like the health of the earth, Whole Foods plant based or I-Tal living, vegan or vegetarian living, holistic education, spirituality, human rights, money equity, social cohesion, liberty, family, human health and more. To us, Investing is more than profit.”

“Productivity should emerge from a natural flow, not from force. If you are working in alignment with your purpose and skill sets, you will have a certain work-flow that naturally results in productivity. And that productivity can be further improved with intentionality. In this way, your investment of time and energy achieves the maximum ROI.”

“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.”

“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.”