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Why Unprofitable Companies Are Winning in 2020

Why Unprofitable Companies Are Winning in 2020

FromEconomics Explained


Why Unprofitable Companies Are Winning in 2020

FromEconomics Explained

ratings:
Length:
16 minutes
Released:
Oct 21, 2020
Format:
Podcast episode

Description

The bottom line is the most important part of any functioning business.
Profit after costs, expenses, and taxes. 
The money that the founders and investors in companies get to put back into their pockets for the risk and effort they put into a business. 
Sounds like business 101 right? And it kind of is.
A business that doesn’t turn a profit is like a freezer that kind make ice, it’s more or less pointless. 
And sure there are things like non-profit charity organizations out there but most businesses exist to make money!
So why is it that some of the biggest companies in the world are not turning profits? Why is it that they don’t even plan to?
Released:
Oct 21, 2020
Format:
Podcast episode

Titles in the series (100)

On Economics Explained, we take a look at interesting countries, policies, and decisions from the point of view of an economist. The world is an interesting place and we hope to uncover some of this intrigue in our short, informative podcasts.