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Well, you're right that companies should always focus on profitability. The part left open for debate is their time frame for profitability - that should grow a
by acgourley 18y ago
Well, you're right that companies should always focus on profitability. The part left open for debate is their time frame for profitability - that should grow and contract with their ability to find capital. Maybe I'm reading your posts wrong, but it sounds like you're saying to always strive for short term profitability, even if it costs you growth in the long term.
- fallentimes 18y agoExactly. Your first two sentences were much more eloquently put than mine. I never said anything about short term profitability directly, but I should have clarified. Some companies - and yes I know this sounds ridiculous - don't focus on short-term or long-term profitability. They are built to be acquired. Or they only focus on the top line (sales) while almost entirely ignoring the bottom line (net income, cash flow).