Quote:
Originally Posted by Sly
Personally I think that it depends where you are in the development cycle. Are you not profitable because you aren't creating enough revenue? Or are you not profitable because you are heavily reinvesting into new projects?
Profit is great but I would rather have $1M revenue monthly and $5K profit with heavy investing into current or new projects than $50K revenue monthly and $5K profit with no investment.
Profit today, this minute, is short-term thinking. Think about profit X 10 in 5 years.
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Agreed. I'd take my company making $0 profit if all my employees are well paid and happy and we're stable vs my company making a small profit with everyone being paid little.
It all depends how you look at it and your situation.