And that's my dad found that.

And that's what these brands did.

You'll get your cut.

He is alive to his own interests.

He is alive to his own interests.

That is going to increase employment.

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.

We shared the benefit together.

He claimed his share of the profits.

Lookin' out for number one.

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.

The loan bears an 8 interest.

He acted in his own interest.

Our interests clash with theirs.

Minus 500,000.

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.

Kill the goose that lays the golden eggs.

They allotted the profits fairly.

You send men to slaughter for your own gain.

A benefit to both our worlds.

I'll just abbreviate that as Nl.

Go ahead, eat.

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

We shared the profit among us all.

I went shares with my cousin in the profits.

He is acting on his own behalf.

FDlC insured.

The rewards would be... enormous.

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.

He always puts himself first.

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

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.

I made a good profit by selling my car.

This is 350,000 of net income.

Why make this thing?

All the profits go toward Phillip's hospital bills.

Sloan began manufacturing targets on his own for profit years ago.

let me do that in that same color and they both have 20 thousand dollars of equipment so their assets are the same the things that are actually generating the revenue and the profit are the exact same thing we're assuming that they are also renting in very similar locations that's what would have to happen for them to have such similar economics.

The taxes will be 153,000.

I'm not a charity commissioner.

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

It's also important to think about what the benefit is.