The Hidden Cost of Low Margins
My wife works for a doctor who catches flak for making good money while helping people. His response?
"No margin, no mission."
Here's why that matters:
- Without healthy margins, you can't sustain impact
- Profitability enables better client service
- Strong margins fund innovation and growth
Think about it: Amazon lost money for years to build market share. But without eventual margins, there's no AWS, no Prime, no revolution in commerce.
Your mission matters. But margins keep the lights on.
CQ