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Christian Legacies Main Forum / Re: The purpose of a business owner
« Last post by Phidippides on January 26, 2019, 02:38:58 PM »I think for a long-term business owner you may be right, but not necessarily for all business owners. For example, let's say that I buy a mediocre business that you used to own with the intent of changing things to make it grow (let's assume that I saw an untapped market segment that you failed to see). I don't think I would need to have passion about the business' products in order to make the business successful, especially since I might decide to sell the entire company yet again in five years for a huge bonanza.
But even if a business owner aims at profitability, I think this is not the only concern. Concern for the well-being of one's employees, for example, should be an aim as well. I'm sure that there have been times (even today) when business owners have consciously taken advantage of their employees, and the employees are powerless to stop it from happening.
But even if a business owner aims at profitability, I think this is not the only concern. Concern for the well-being of one's employees, for example, should be an aim as well. I'm sure that there have been times (even today) when business owners have consciously taken advantage of their employees, and the employees are powerless to stop it from happening.