[andrew93101]

Great post. If someone is trying to sell you an idea or technique and they use their own profitability to justify this technique, then the definition of "profitable" is very relevant.

In my mind, a business that excludes the time spent by its founder from its expenses is not honestly assessing its profitability.

[mindcrime]

Great post. If someone is trying to sell you an idea or technique and they use their own profitability to justify this technique, then the definition of "profitable" is very relevant.

Right, but if somebody is selling you something, you're going to do due diligence and probe this stuff. If it turns out that they are only "profitable" in the narrowest sense, but not "sustainably profitable," then that's a good thing to find out.