Profit sharing: Does it make enough money?
In this episode said Jay stock dividends, selection grants, businesses profitable and profit sharing. Have a concern about the introduction of a enterprise that you react? Add a comment or video response! Jay Adelson Twitter: www.twitter.com Please send your concerns askjay@revision3.com miss a row! Subscribe to: www.youtube.com Verify out YouTube channel: www.youtube.com Other Episodes AskJay: ON www.revision3.com Jay Questions: Entrepreneur, CEO and business owner Jay Adelson (Equinix, Digg, Revision3, SimpleGeo ) solution demystifies the approach of implementation by offering guidance, suggestions and questions. Send out your inquiries to understand how to put into action each and every enterprise thought into actuality and possibly even adjust the entire world. Video clip Score: four/5
@narib414 my pleasure!
@askjayadelson …satisfied with our size, and allowed ourselves to slow, our revenue would have more quickly surpassed our costs. The investors felt strongly the potential was too great to pass up, so they invested 40 million dollars in the company, giving it the time to grow as fast as it needed, and still get to profitability before running out of cash. Amazon was criticized for this model but proved itself quite successful!
@amirrocks Sure. I know that sounds surprising! At Digg, one of my favorite monthly moments was the All-Hands meetings where I would ask our CFO, John Moffett, in front of the staff, “Are we making money yet?” and he would answer, “No, Jay, we’re not.”
The reality is that in some more rare startups, the growth of the company is so fast, the cost of keeping the business available and capturing the maximum potential *exceeds* the revenue, until a later point. If we had decided we were…
Great Videos but I am slightly confused on the concept of not Digg not being profitable. Can you explain that for me?
I have to say Jay, you have answered everything to the “t”. It is great to find actual intellectual youtube postings. Keep em coming, i’m subscribed
Amazing.