Why Being Profitable Isn’t Selfish
April 18, 2023
by Shannon Simmons

Many entrepreneurs may believe that focusing on profit is selfish or greedy. They often think that profitability detracts from the purpose of building a successful and fulfilling business. With a business name like Fit For Profit and using the system Profit First, we’re clearly not in that camp. We believe it’s essential to understand that being profitable is not only necessary for business success, but also for self-care and creating a sustainable lifestyle.

Being profitable is crucial for entrepreneurship and it can benefit entrepreneurs in their personal lives and emotional well-being.

Money Isn’t Real; It’s an Exchange of Energy

One of the reasons why some entrepreneurs may feel guilty about focusing on profits is the belief that money is somehow “dirty” or unimportant. But the reality is that money is simply a means of exchange, a way of valuing the energy and resources that we put into the world.

When we create value for others through our products or services, we have a right to be compensated for that value in the form of money.

At the same time, money can be an essential tool for self-care and sustainability. When we have enough money to pay our bills, invest in our health and well-being, and create a comfortable lifestyle for ourselves and our loved ones, we are better able to show up more fully in our work and in our relationships.

Presence is Energy Giving Back

One of the keys to self-care is the ability to be present in the moment, to give ourselves fully to the task at hand without distraction or stress. However, when we are constantly worried about money or struggling to make ends meet, it’s hard to be fully present in our work or our personal lives.

Creating a profitable business can actually be a form of self-care, allowing us to be more fully present in our lives and in our work. When we have enough money to save for the future and invest in our own well-being, we are better able to give back to others and to create positive change in the world.

Investing in Your Business is Like Putting Money in a Savings Account

When entrepreneurs invest time and money in their businesses, they are essentially putting money into a savings account. They expect to get a return on that investment, just as they would if they put money into a traditional savings account. And just as they would expect to earn interest on that savings account over time, they should expect to see their businesses grow and become more profitable as they continue to invest in them.

Creating a profitable business is not a selfish act, but rather an investment in their own future and the future of those around them. When entrepreneurs have a successful and profitable business, they are able to create jobs for others, contribute to their communities, and make a positive impact in the world.

You Can Only Do Your Best Work When You’re Not Stressed and Constantly Doing

Another key element of self-care is the ability to take time away from work, to rest and recharge to be your best self. However, when entrepreneurs are constantly stressed about money or struggling to keep their businesses afloat, it can be hard to take that time for themselves.

By creating a profitable business, entrepreneurs can create a sustainable lifestyle that allows them to take care of themselves and their loved ones, while also doing their best work in the world. When they are able to show up fully in their work, without the distraction of financial stress or uncertainty, they are better able to create positive change and make a difference in the lives of those around them.

So Much Time and Money to Start a Business – You Invested in That

Starting a business is a significant investment of both time and money. Entrepreneurs put countless hours and resources into developing their products or services, conducting market research, and building their brand.

It’s no different from putting money into a savings account and expecting a return, except setting aside the profit in your business is even better because you have the power to make that account grow through your own actions.