You know if I created a buisness myself and had no shareholders demanding quarterly profit increases, that would be okay.
If it made 1 million in profit after 10 years and then needed to be shuttered that’s fine by me.
I imagine this would make an individual quite wealthy for their lifetime. We just think it’s unviable because we’ve been tricked into believing that a buisness must grow forever to be successful
You know if I created a buisness myself and had no shareholders demanding quarterly profit increases, that would be okay.
If it made 1 million in profit after 10 years and then needed to be shuttered that’s fine by me.
I imagine this would make an individual quite wealthy for their lifetime. We just think it’s unviable because we’ve been tricked into believing that a buisness must grow forever to be successful
I definitely agree, it just makes it a more precarious position to be in.