I would like to compare business with a common ecology system existing in the nature since the inception of the world. The business is not just done to make money but to run an ecology system which connected everyone around us and gives livelihood to you and me.
You cannot imagine a society without a business and businessman. Three essential outcomes of a business are as follows.
1. Employment generation: every business needs manpower. When manpower joins a business, an employment is generated in society, so with one business, hundreds or thousands of people earn their livelihood.
2. Need of vendors: A business supports a business. Almost all businesses needs goods, equipments, raw material, machinery or technology to support their business and for that you need a vendor, so a vendor runs his business based on one business requirements and this is how the whole cycle runs. One supports the other and other supports another few.
3. A reason to live and chance to achieve the dreams: Think what you and me would have been doing if we would have not been employed or we would have not been in business. Our body and mind needs to be engaged at something somewhere :-) . A business gives employment or business to other and this is how money circulates in market and that money helps all of us to achieve our dreams. One wants to marry, one wants to go abroad, one wants to have home, other wants to own a car…. Blah.. blah..blah.. All is possible because we are working.
Now, earning a profit from the business is another most essential thing. You cannot think of business without some profit. A business if earns a profit, that will again put the same money back into the ecological system. He will hire more people so more employment in the market, produce more goods, supply to market and earn little more again. During that he will ask more raw materials to his vendor and that vendor will also increase his supply to business.
The last but not least, the business brings the solution of problems in day to day life. Consider the situation if the railway bookings would have not been automated or computerized? Consider if there would have been only one mobile operator or there would have been no mobiles? , or going back home, consider if there was no grocery store near your colony?
They are all businesses that brought solutions of your problems, without them life would have never been easy :-)
So consider business and businessman as a the important objects of ecological system, they run the social cycle and as a return they earn some money to run their families :-)
You cannot imagine a society without a business and businessman. Three essential outcomes of a business are as follows.
1. Employment generation: every business needs manpower. When manpower joins a business, an employment is generated in society, so with one business, hundreds or thousands of people earn their livelihood.
2. Need of vendors: A business supports a business. Almost all businesses needs goods, equipments, raw material, machinery or technology to support their business and for that you need a vendor, so a vendor runs his business based on one business requirements and this is how the whole cycle runs. One supports the other and other supports another few.
3. A reason to live and chance to achieve the dreams: Think what you and me would have been doing if we would have not been employed or we would have not been in business. Our body and mind needs to be engaged at something somewhere :-) . A business gives employment or business to other and this is how money circulates in market and that money helps all of us to achieve our dreams. One wants to marry, one wants to go abroad, one wants to have home, other wants to own a car…. Blah.. blah..blah.. All is possible because we are working.
Now, earning a profit from the business is another most essential thing. You cannot think of business without some profit. A business if earns a profit, that will again put the same money back into the ecological system. He will hire more people so more employment in the market, produce more goods, supply to market and earn little more again. During that he will ask more raw materials to his vendor and that vendor will also increase his supply to business.
The last but not least, the business brings the solution of problems in day to day life. Consider the situation if the railway bookings would have not been automated or computerized? Consider if there would have been only one mobile operator or there would have been no mobiles? , or going back home, consider if there was no grocery store near your colony?
They are all businesses that brought solutions of your problems, without them life would have never been easy :-)
So consider business and businessman as a the important objects of ecological system, they run the social cycle and as a return they earn some money to run their families :-)