"Profit" means you're overpaying (i.e. the amount of money you exchange for goods or services exceeds the cost of providing them). Failure to operate at a profit (even if it may be indirect in cases like VC-funded disruptors undercutting established competitors for early growth) means the business will fail.
Business transactions are exploitative. That's the entire point of them. Otherwise it'd just be tit-for-tat or a gift economy. You don't want to recover your investment, you want to grow your investment. And beating inflation is the baseline.
Business transactions are exploitative. That's the entire point of them. Otherwise it'd just be tit-for-tat or a gift economy. You don't want to recover your investment, you want to grow your investment. And beating inflation is the baseline.