John Mackey
👤 SpeakerAppearances Over Time
Podcast Appearances
It's all about profit.
And that's why business and capitalism have bad brands, you might say.
But in fact, the best way to understand the purpose is to use an analogy or a metaphor.
Let's take my body or your body.
My body has to produce red blood cells
or I die.
No red blood cells, I'm dead.
But it doesn't follow because I need to have red blood cells.
The purpose of my life is to produce red blood cells.
Business, similarly, business has to make a profit or it dies.
It doesn't have the money to sustain itself.
It can't meet payroll.
It can't pay for repairs.
It has to make money or it dies.
But that doesn't mean that's why it exists.
It does not exist to primarily make money.
That's a byproduct.
It exists always to create value for its customers.
That's why it exists.
And the higher purpose is involved in that.