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Balancing Purpose and Profit | Sam Parr PT 1
The Daily Stoic
Shifting Perspectives on Business Growth and Investment
The speaker underwent a paradigm shift in their perspective on business growth, realizing that spending more profitably rather than just keeping costs low can lead to increased profitability. Initially hesitant to hire employees due to fixed costs and undesirable clients, the speaker transitioned from an agency model to creating their own products. This shift allowed them to focus on projects they believed in, leading to the understanding that making money is a means to create more projects, highlighting the importance of investing in growth and scaling to continue producing quality products.
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