A Quote by Joseph A. Schumpeter
Profit is the payment you get when you take advantage of change.
Related Quotes
Everybody is trying to take advantage of situations, and if you don't take advantage of a situation, you get taken advantage of by somebody else.
Its better to get smart than to get mad. I try not to get so insulted that I will not take advantage of an opportunity to persuade people to change their minds.
It's better to get smart than to get mad. I try not to get so insulted that I will not take advantage of an opportunity to persuade people to change their minds.
Hillary Clinton complains that Donald Trump took advantage of the tax code. Well, why didn't she change it? Why didn't you change it when you were a senator? The reason you didn't is that all your friends take the same advantage that I do.
Is it reasonable that even the arts should take advantage of and profit by our natural stupidity and feebleness of mind?
Having information that the other side doesn't have gives VCs an advantage... they take advantage of entrepreneurs who haven't been through this before... they were totally willing to take advantage of us.
If I do my job, take advantage of every opportunity I get out there and be in the right spot, the plays will come. When it does come, I've got to take advantage of it.
Most people don't like change. They revolt against it unless they can clearly see the advantage it brings. For that reason, when good leaders prepare to take action or make changes, they take people through a process to get them ready for it.
Profit is vital to human well-being. Profit is the payment to entrepreneurs just as wages are payments to labor, interest to capital and rent to land. In order to earn profits in free markets, entrepreneurs must identify and satisfy human wants and do so in a way that economizes on society's scarce resources.
Words change their meanings, just as organisms evolve. We would impose an enormous burden on our economy if we insisted on payment in cattle every time we identified a bonus as a pecuniary advantage (from the Latin pecus , or cattle, a verbal fossil from a former commercial reality).
It's them as take advantage that get advantage I' this world, I think: folks have to wait long enough afore it's brought to 'em.
I'm not a fan of debt consolidation. In my experience, many people "clear" credit cards and other debt to get the one payment and never change what they need to change to prevent getting into debt again.
If I had it my way, I never would have left San Francisco, but things change and that's the nature of this business. We have to move on. We hopefully get opportunities down the road that we take advantage of.
If we cannot make a profit, that means we are committing a sort of crime against society. We take society's capital, we take their people, we take their materials, yet without a good profit, we are using precious resources that could be better used elsewhere.
No one holds a permanent speed advantage in the market due to the limits of human intelligence and vision. Your advantage comes from your ability to feel the change faster and take decisive action faster.
As bees extract honey from thyme, the strongest and driest of herbs, so sensible men often get advantage and profit from the most awkward circumstances.
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