
Melanie Rieback - Life is not linear
Cyber Security District
00:00
The Double Meaning of Profit and Its Impact on Business
The word 'profit' has a double meaning. On one hand, it represents the ability to reinvest in the business for stability and growth, essential for building a business. On the other hand, it signifies extraction, where the focus shifts to indulgent personal expenses, which can be detrimental and create financial disadvantages for the business. This extraction not only hampers the potential for R&D, better products, and lower prices but also contributes to inequality within the company. Being aware of this double meaning can lead to minimizing the extraction from the business and contribute to systemic change.
Transcript
Play full episode