To go to war, to free people from an outside aggressor, is noble

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.

This guy makes 21,000.

And that's my dad found that.

Minus 500,000.

So now look at the different lens.

It has no choice but to behave.

I mean, these are state assets.

There is no profit in worrying.

There are also real business benefits.

He acted in his own interest.

People do not enslave people to be mean to them.

It is certain that he helped them for the benefit of himself.

best interest to lay the cards on the table.

They obtained a yield of 8 percent on their investment.

But go to war to defend the interests of the USA,

And then they'll say well in the most naive interpretation of things, you net income in theory should be the cash you're getting or at least it's some type of profit you're getting assets in the door or at least you're counting as if you're getting some assets in the door.

You buy a hen, and it lays an egg every day of the week, and you sell the eggs, say, seven for twenty five cents.

Our interests clash with theirs.

The reason this is happening boils down, in my mind, to one basic problem, which is our inability to perceive the difference between public benefits and private profits.

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

And we had no expenses in that month.

He derived great benefit from the book.

That's what it is generating.

He sees profit in you, so he's with you

If the cost to produce the item is 20, so the cost to produce an item is 20, what is the selling price that optimizes the yearly, the yearly, profit?

Robert got a small proportion of the profit.

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.

And so I had a total expense or total cost of goods sold of 1 million.

And this is the profit from the operations of the company, or you could say from the assets or from the business or from the enterprise of the company.

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

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

In other words, I only get paid if you profit from my advice.

So most cash flow statements, they'll start so I'm going to do a cash flow statement right over here

Before Interest and Taxes.

Ten percent of all future profits from his solo venture.

Also, in the interest of security and public safety...

There is no doubt about what they have done.

No one wants it to go off.

I could not resist the lure of great profits.

Kill the goose that lays the golden eggs.

All they care about is profits.

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

More and more organizations are realizing this and, sort of, disturbing the categories between what's profit and what's purpose.

Cash is a asset because you can use it to buy stuff and get people to do stuff for you