Smash Notes
What Are Examples of Bad Profit
at 41:56
Answer
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.
Where this answer comes from
- Show
- The Tim Ferriss Show
- Episode
- #381: Charles Koch — CEO of Koch Industries
- People
- Charles Koch, Tim Ferriss
- Moment
- Date
People
On this episode
- Who Is Charles Koch Transcript
- Why Does Ferriss Deliberately Polarize His Audience for This Podcast Episode Transcript
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- What Are Examples of Bad Profit Transcript
- How Do You Handle Comments That Claim Your Company Gives Bad Profit Transcript
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- Where Does Charles Get His First Name Transcript
- Is “koch” a Dutch Pronunciation Transcript
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- What Are the Two Ways to Create Superior Value
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