PART 1
Profit
Since you are still looking at the book, it probably means that you have a small business and/or are about to start one. That’s great. One of the things that I have experienced is that when you own your own business, it gives you a sense of independence and means that you have a passion for what you are doing. It also means that you are probably going to work harder than a person who works for another corporation, and in doing so, you want to make more money than you would by working for a large corporation. Warren Buffett was once asked by a reporter why he kept the present management and gave them some ownership at some of the companies he bought. His reply was that ownership is critical. “Have you ever seen anyone wash a rental ...
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