And at least it'll give you a sense of how revenues, gross profit, operating profit, pre tax income and net income really are different.

It's a special interest group?

And let's say, assume if I inherited this million dollars, I didn't finance it.

We are assuming a very simple world, were the is no taxes, we have no debt, we have no intrest or things

Minus 500,000.

Our interests clash with theirs.

His business returned a good profit.

So EBlT, I kind of view that it goes backwards.

I believe it's very important to look at how our society ought to be.

No pain, no gain.

So you've probably heard not only the term earnings, you've probably also heard the term earnings per share.

They buy more of your service and they tell more of their friends, which leads to more profit.

Why isn't it on every poster across the third world?

All they care about is profits.

This is really important to pay attention to, because so many people say, oh, a company made this much.

But here you see it means very, very different things.

So what are they?

And then I'll do a more philosophical video on why these things even exist, and why they're useful, and why people may benefit or may not benefit from these things.

So now look at the different lens.

But again, fun is not enough.

Why make this thing?

This is what the owners of the company get before they pay the government.

(Laughter) But I know it's the bottom line, or one's perception of it, that motivates people in the end.

No one wants it to go off.

And you might wonder, where does that come from?

And so I actually raised prices.

Kill the goose that lays the golden eggs.

But very, very few people or organizations know why they do what they do.

Then the companies or those factories or whatever you want to think of them,

And these metrics will tell you that.

It is to his advantage.

A benefit to both our worlds.

I'll just abbreviate that as Nl.

Go ahead, eat.

I could not resist the lure of great profits.

And when people talk about earnings of a company, this is what they're talking about.

And we had no expenses in that month.

And that's my dad found that.

This guy makes 21,000.

Are you using historical earnings?

Before Interest and Taxes.

It affects your sales model. Are you going to hire direct sales? When do you hire them?

And that's what these brands did.

FDlC insured.

The rewards would be... enormous.