11-06-2011, 03:25 AM
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Confirmed User
Industry Role:
Join Date: May 2010
Location: Manhattan
Posts: 4,016
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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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Great post. 
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