Profits are better than the wages!

Profits are better than the wages!
Do you agree? Why or why not!
Comment(14)
Like(4)
vino dhaas, Raees Ahmed Shaikh, Venkata Sai Bhargav Kakunuri, +1 like this

Tam Tran
Both are necessary. When biz. is break-even allow to pay the wages and expenses. Profits are for saving and use it when bad time or expand biz.

Bert Robinson
For an individual we may consider his net wage to be there profit. In business there is no such thing as a wage, it is purely the bottom line which is profit. To them lower the wages of their employees a higher on their profits.

R Ramdas
Where will the wages come from, if not for profits?

Bert Robinson
R. R Agreed.

ZIRAGABA Cesar ABIMANA
I don't agree.
It depends!

David Dahm
Employees call profits a wage and self employed people call wages a profit. It means the same thing except it is harder to earn a profit than a wage. The difference between the two concepts is called certainty. This is why most people take a wage.

David Dahm
It takes a lot more courage to take a profit than a wage!

Sudianto Wang
From what point of view this question should be answered? If from employee point of view, I will put company profit above wages importance. Why? Because with sustainable profit company can pay wages for employees. From self employed point of view, I put proper wages first. Because good employees wil stay if paid and well treated, the impact should give profit to company.

Nicole Rose
wages mean you are an employee and wages mean you are a business owner. It very much depends which you prefer to be and how highup the ladder of employment you are. Saying that employees can get profits by way of profit share but it is always at the behest of a business owner. I always much prefer profits.

Mijan Rahman
Thanks everybody for your valuable contribution. I am grateful to all of you for enlightening me. I will be back to you individually. In the mean time I’ like to elaborate my question for more clarity. My question is very simple! As I have a life, I need a livelihood. There are two options for livelihood, one is doing job for other and being paid, and another is doing something to earn money. In this context, as a student what should be priority regarding his future profession!? Actually what is/are the defining factor(s) behind the choice of our own profession!??

David Dahm
It is much easier to make a wage than a profit.

Sudianto Wang
Hi Mijan, there is no wrong in making a decision. First, we must know what is our priority. Let say, if we need money and want to be professional worker, then the answer is to be an employee (vise versa). However, please think again and put this question "what is your desirable future? to be professional or entrepreneur? and what is the most beneficial between those options that will impact to your life at most?"


Gandhi Heryanto
Profits are Better Than Wages, It is Jim Rohn phrase, He said that wages will make you a living, profits can make you a fortune. It is a bit difficult to get rich on wages, but anybody can get rich on profits. Profits change your whole attitude, even if you start part-time. Whether it's part-time on your entrepreneurial business, network marketing company or service business.
It is then up to our goal in life and free to choose whether you will be a employee with wage or an entrepreneur with profit.
1 day ago

David Dahm
You can also lose a fortune!

If you want to know the future of a person, look at the friends!

If you want to know the future of a person, look at the friends and fellows around him. If you want to know your own future, simply build it as you desire!

Comment(8)
Like(2)

Tania M Adams and Tal Mirza like this

Maria Melania Pop
What if he is alone?


Bert Robinson
Frequently we do judge people by their friends, this is especially true with children. Adults typically have secret lives, one type of friend would be there business acquaintance, their friends in their personal life, and may possibly have a secret life, with friends they do not want other people to know about.

Therefore, it is difficult to make judgments on people based on their friends. To make such a judgment we would have to know who all their friends are, and this is not realistic.

The Japanese typically have two types of friends, the people they are seen with in public, and their secret friends they have affairs with and do not want the public to know about. Such behavior maybe well known in their society, however it exists in virtually all societies in a much more secretive basis.


Sean Gallahar
Someone else's future, unless directly connected to me (wife, kids, business partner, etc.) is of no concern to me.


Bob Nordlicht
If you judged one's futures, based on those that they hung around with, in their early teenage years, or even university, they would be druggies, locked up, or on the streets with a cup. Yet, they aren't and many are great successes..... luck, drive, willingness to do whatever it takes, no matter how long it takes, education etc, are ONE'S decisions and some of the keys to whatever one wishes. Those that he/she hung with, make their own lives .One caveat thou, once in the workplace, it really pays to hang with successes, or those that you know are on their way up, as when bosses look at you, i think, it does somehow, go into their minds, to pay more attention to you, if you surround yourself, with those types of individuals.


Anjan Kumar Bhattacharjee
"A man is known by his company".....


CHRIS EGBU CMC,MBA,FCA,MIMC
When we become adults we are going to be average of the our close six friends. An adage says that "birds of the same feather flocks together" . When we try to make a fundamental change from our friends there will be a possible resistance from those who are unlikely to benefit from the change.


Tal Mirza
Mijan and Chris, Your view is absolutely correct! The "qualities" of our friends, indeed, can often indicate the "trajectory" of our own lives! Our associates and friends have huge influence upon how we would ourselves evolve.


Claus Dieter Hermanni
There is a Greek proverb: "Show me your friends and I'll tell you who you are."

My ideas about ...
The people with whom we surround ourselves have a significant impact on us. The reason is that we copy ourselves from these certain behaviors. We imitate our personal environment.

Would a child come alone on the idea to walk on two legs, when all the people around him always crawl on hands and knees? Most likely not. Because we automatically assume behaviors of our environment! It starts with the parents and siblings. Later, we encounter through the enhanced social influence our "friends". What does that mean for our topic? Create an environment of friends that will benefit more than harm. Surround yourself with people from whom you can learn something. Such means that you positively inspiring. Friends can inspire you for the better. Be critical, choose, learn, ask for help at your friends,parents, teachers if you are not sure. As part of your options your social personality and your competence is to develop further. Be clear about your interests, build, create your circle of friends, it is your future ... The challenges to connect into a better quality of friends, life and future is in your personal environment it is yourself, your parents, your teachers, your friends, your company. Just do it.

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It's matter what we learn! Learn to be happy!!

It's matter what we learn! Learn to be happy!!

 Our learning creates our thoughts, thoughts determines attitude, attitude determines action, action determines mission, mission determines the vision, vision determines achievements, achievement determines happiness, and happiness is the ultimate pursuit of life! Of course, we need periodical delearning to enhance our capacity of learning!

Ken Tasch, Mijan Rahman, Miskha collins, +2 like this

• 
  Angela van der Merwe
  The more you grow, the more you learn, the more you find pleasure and the more you become happy. To create and add value to your mandate and reason why you want achievements in others life, bring so much happiness. People cannot always understand why others never give-up when they start something.
• 
  Mijan Rahman
  @Angela Excellent! Thanks for sharing your enlightening insights. Would love to learn more from you! I fact this discussion derived from my article "Be HAPPY to LIVE & GROW!", you may love it here: https://www.linkedin.com/pulse/happy-live-grow-mijan-rahman
• See all comments at Harvard Business Review 

It's time for the servant leadership!!

The days of heroic/commanding leadership has gone! It's time for the servant leadership!!


Thorsteinn Siglaugsson, Prof. Abel Laureano, Anette Rahbek, +10 like this

Anjan Kumar Bhattacharjee
Hopefully Yes !


Ken Tasch
Agree--but there will always be situations where command and control leadership remains important.


Chris Davis
Command and control absolutely has its place. The time is nigh for FLEXIBLE leadership that moulds its self to the situation at hand


Lubomir Iliew
I believe it is a matter of balance between leadership styles – and very often one needs to have several leadership styles in her/his toolbox. In different situations you need a different tool, as everywhere.


Bob Nordlicht
if you mean heroic stands for risk, or taking chances, think of the internet and all that has developed there. think of telecommunications, think of the electric car. heroic leadership, is far from gone.


Charles Helliwell
No leader that I know of thinks they're a servant; most of them are convinced that they are the master, or in some cases, the mistress.


Paul Brunberg
In our volatile, uncertain, complex, ambiguous, and fast-paced environments, we need leaders who are flexible and adaptable to the situation and audience they are working with. There will be times where command and control skills are necessary - think about new hires who are being on-boarded. They will need a great deal of direction and supervision while they learn and adapt to their new organization. Transformational leadership can be seen with a group of experienced and knowledgeable people who know the ropes and are working to achieve an end-state goal. Both can have essences of servant leadership within the paradigms. A command and control approach serves both the aim and the new hires in achieving the on-boarding goals and success of the new hires by being an example and demonstrating/guiding their learning. The same leader will serve the senior team by achieving deadlines, setting direction, and ensuring support where the senior team identifies their needs. Servant leadership is how one perceives the effects of the leader's activities and approaches.


T.T.Shagufta Hussein
Good day! there will be always command, demand and control in successful/ great leadership. In business world there is no heroic leadership. The term "heroic" does not suit for business. It is always successful/ great leadership. Well, I might be wrong. If I am wrong ,excuse my comment. Wish you all , a very good day. 
Thanks n regards


Dr Gary Sheard
Leaders are heroes or heroines that serve the people they lead. But please don't take the romance out of the role... Admiral Nelson just sailed around in boats - doesn't inspire one to greatness.


T.T.Shagufta Hussein
I understand , Dr. Sheard . I won't dare to take out the romance from "leadership" I just thought (As an ex student of English n American Literature) the term "heroic" only suits in the world of romanticism and imaginary. I was grossly mistaken! But I asked for the excuse in advance. Thank you so much for the correction. Good to know that leaders have romantic heart as well , not only poets , artists authors.Wish you a perfect day and even a better lovely tomorrow and week-end. 
Sincere n profound regards


Jay Wren
Servant leadership is an oxymoron. Robert Greenleaf popularized the term to describe leadership that supports the workers and enriches their lives. (https://greenleaf.org/what-is-servant-leadership/) Many organizations use some of the practices that Greenleaf describes as servant leadership. They do so out of common sense. Soldiers don't fight on empty stomachs or with guns without bullets. However, there is really no such thing as a servant leader.


Kalyan C Kota
I guess it's (servant leadership) just a fad, leadership is always heroic.


Prayukth K V
Hi Mijan, I think heroic and servant variants represent two extremes of leadership. True leadership lies somewhere in the middle


Salem Abusaif
Leadership styles are varies from one leader to another ,gune leader is that one who understood his mission carefully and made balance between achieving goals and care of his team and looking beyond the mission in his hand .


Dr.Shalini Ratan
Servant leader is the most Commanding and Heroic...Yes, he is not a Dictator or an Authoritarian.

To lead as a Servant is not possible for all. Only a Hero can be like it. It requires extreme Love for his people.


Zilong Wang (Joshua)
Servant leadership is what I embraced for years. I am happy to lead as a servant!

 See all 16 comments at Harvard Business Review

Knowledge and Wisdom!

How can we differentiate between knowledge and wisdom!?

Tam Tran, Yohei Onodera, 端木 卓健/ Hashiki Takuken, +3 like this
Bert Robinson
Mijian, Good Point. It is commonly believed that the two are synonymous. However there have been many wise people throughout history that were not what we referred to as, well-educated. Wisdom frequently seems to be something we have or do not have. Certainly a well-educated person can acquire wisdom through knowledge.


RAO G
wisdom comes from knowledge.


RAM SUNDER SINGH
Wisdom is enlightened stage which is preceded by meditation and awareness.
A knowledgeable person may make journey to wisdom but when stops at the point of awareness, s/he is likely to deprived by its immense accrual.


Bert Robinson
Or is it that knowledge comes from wisdom? If we have the wisdom to acquire knowledge then wisdom is the key factor.


Salem Abusaif
Knowledge is dangerous if it is not joined with wisdom


Chris Davis
Wow. knowledge tells me the wife is unhappy. wisdom tells me what action if any I should take. Knowledge is dead it's facts and info. wisdom is alive and dynamic as it informs our actions


Abhijit Deb
Knowledge could be just theoretical understanding of a subject (not always though) but Wisdom (or applied knowledge) comes from practicality – I guess.


James Harrison
Wise men avoid a problem the clever ones( knowledgeable) tackles it.


Tam Tran
1. Theoretical explanation: Wisdom = from Knowledgeable to Knowledge-able.

2. Practical comparison: Knowledge is knowing a tomato is a fruit. Wisdom is not putting it in a fruit salad.


Bert Robinson
My reading of history convinces me that most bad government results from too much government. Thomas Jefferson


Mijan Rahman
Thank you all for your valuable contribution and feedback for enhancing and rectifying my learning! I have another problem with wisdom and insights! I would request you to comment on the relation and difference between wisdom and insight!


Clem Molloy
While knowledge may form part of wisdom, a broad understanding of how the world works may help in making decisions in the absence of specific knowledge or expertise. Wisdom per se is often hard to define. However, in fostering applied wisdom the following elements have proven useful: (1) Valuing people, (2) Developing broad awareness, (3) Deep understanding, (4) Discerning foresight, (5) Reflective integration of 1-4. In this context, wisdom is broader than knowledge.


THOMAS AW
................. as long as you are aware ............... without the need, to cling to that

WOW


Joseph Cooper
Wisdom is ones collective experiences and knowledge is ones collective learning


Edward Simangunsong
we use knowledge to solve problems with technical discipline and use wisdom to solve problems with philosophy ...


Wayne Uejio
Knowledge and wisdom are different. Some would say knowledge is data and wisdom is the ability to use the data. To me knowledge is data and the process to use it. (Hopefully with the background to know why the process works and reason behind it) Wisdom is the ability to use or not use it depending on the situation. i.e. think outside the box and decide to act or not act sometimes with knowledge or going against knowledge.


David Goodman
Wisdom is the useful application of knowledge.


Jimmy Parija
Knowledge - Something is inherited, acquired or obtained from someone or external world. Something that is told to us.
Wisdom: Something that is generated, created from inside your own. It is something that is given from us to the external world.

With knowledge you get the ability to solve a problem given to you. With wisdom you can see problems waiting to be solved, which is a more powerful quality than solving.


Mario Chimoy
Knowledge is to have the information, understand it and know how to use.

Wisdom is something deeper, more human and requires greater awareness. Wisdom requires knowledge of the human soul, human behavior, nature and its ecological balance. So the wise can solve unstructured problems.

A grandfather is wiser ... not because he has more knowledge ... is wiser that it comprises better human and the world. So you can give better advice and suggest approaches or solutions to unstructured problems.


Wayne Uejio
Had another thought on this subject, we throw around the words - information, data, knowledge and wisdom. Do we really know what these words mean?

here are my thoughts on this:

Data - is just that, numbers, words, with no context

Information - is a little more interesting. The dictionary definition of information is the amount of data needed to make a decision. I assume the data is put into context. I know some people that make decisions with no data and try justifying the decision. I like the definition of information as data in context. i.e. 1 is the data and the context is mm (measure of length) and is the tolerance for a machine drill hole in a car. Next would be where on the car.

Knowledge means you know the answers to the what, where, how, why, when, etc. about the data and the processes to create and use the data.

Wisdom means you understand the answers and when to ignore the process and go outside the box.


Bert Robinson

Isn't this a matter of semantics?

 See all 21 comments at Harvard Business Review