Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 1586:
Isaac Morehouse argues that profit serves as a reliable measure of value creation, incentivizing innovation and efficiency while ensuring sustainability. Chasing social impact without profitability often results in wasted resources and unintended consequences.
Read along with the original article(s) here: https://isaacmorehouse.com/2015/09/22/profit-is-a-better-goal-than-social-good/
Quotes to ponder:
"Profit is proof that you have created value for someone."
"If your idea of making the world a better place is providing something people want and are willing to pay for, you’ll never lack opportunity."
"Good intentions alone are not enough; sustainable impact requires a business model that works."
Learn more about your ad choices. Visit megaphone.fm/adchoices
1586: Profit is a Better Goal Than ‘Social Good’ by Isaac Morehouse on Business Success | Optimal Work Daily - Career, Productivity and Entrepreneurship podcast - Listen or read transcript on Metacast
