Definition of ‘Profit’
A financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs and taxes needed to sustain the activity. Any profit that is gained goes to the business’s owners, who may or may not decide to spend it on the business.
Calculated as: Profit = Total Revenue – Expenses
Investopedia explains ‘Profit’
Profit is the money a business makes after accounting for all the expenses. Regardless of whether the business is a couple of kids running a lemonade stand or a publicly traded multinational company, consistently earning profit is every company’s goal.
Definition of ‘Entrepreneur’
An individual who, rather than working as an employee, runs a small business and assumes all the risk and reward of a given business venture, idea, or good or service offered for sale. The entrepreneur is commonly seen as a business leader and innovator of new ideas and business processes.
Investopedia explains ‘Entrepreneur’
Entrepreneurs play a key role in any economy. These are the people who have the skills and initiative necessary to take good new ideas to market and make the right decisions to make the idea profitable. The reward for the risks taken is the potential economic profits the entrepreneur could earn.
Moral of the story
It is even more simple and easy in 2014 than it was in 2013 thanks to Sasha Boss!
It is a widely accepted notion that the root fundamentals of all business on Planet Earth began with the consideration of this profitable perspective as provided by Sasha, and a support system has now been put in place to aid her in her ventures and ensure her continued growth and success in the digital age.