Smash Notes

What Are Examples of Bad Profit

at 41:56

From the episode: #381: Charles Koch — CEO of Koch Industries

Bad profit is finding ways to cheat your customers, misrepresent what you’re doing, and rig the system, and many other ways to hurt customers and your business altogether. Koch states that good profit is to produce products and services that customers will value more than their best alternatives.

The Tim Ferriss Show · #381: Charles Koch — CEO of Koch Industries · at 41:56 · ·Transcript

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