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"These greedy corporations are destroying us!" Have you heard this lately? In this political season, there is a lot of talk and rhetoric surrounding corporate profits and their effect on you, your money, and your future. As a friendly reminder, the news is designed to provoke a reaction, not educate. It's important to contextualize the information presented in the news without being easily provoked.

Prepare to have your views challenged as we dissect the contentious issue of corporate profits and their true role in our financial lives. This episode isn't about assigning blame; it's an invitation to understand the economy's cogs and how they benefit us all, from our personal investments to the cities and towns we live in.

This conversation explores the concept of profit and its significance in entrepreneurship and business. We discuss the success rate of starting a business and the risks involved. The role of ideas in entrepreneurship and the importance of profit as a reward for taking risks are also examined. We also delve into the uses of profit, both personally and for businesses, and we highlight the necessity of profit for growth and stability. 

We take the time to address whether profits are good or bad and explore the contradictions and misconceptions surrounding the topic. Finally, we emphasize the importance of profit for you personally in regard to your retirement and investments.

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Thanks to our sponsor, S.E.E.D. Planning Group! S.E.E.D. is a fee-only financial planning firm with a fiduciary obligation to put your best interest first. Schedule your free discovery meeting at www.seedpg.com

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About Your Co-Hosts:

Travis Maus has been in financial services for over fifteen years. He is a Senior Wealth Manager and Chief Executive Officer at S.E.E.D. Planning Group.

Steve Campbell has over a decade of experience in the industry and serves as Chief Brand Officer at S.E.E.D. Planning Group.