Episode 215: Nothing but Urban Legends
Words & Numbers
00:00
Are You Making Profits Handover Fist?
Americans think American businesses have a 36% profit margin, but that's not the right number. If everybody in businesses make in 36%, you'd see everybody retiring by age 37,. Nobody would bother working for long. Grocery stores are always one step away from ruin because of their razor thin profit margins.
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