>> One entrepreneur I know sold his first company back in the 90s for >$100m. As he was working on his next venture, he said, "Profit isn't the point. Profit is permission to continue."
Easy to say profit doesn't matter once you've cleared $100mm.
Of course if I hadn't mentioned how well his previous business did, somebody would have suggested the person knew nothing about business.
And since you missed it, let me be clear: he didn't say profit doesn't matter. He said profit wasn't the point. His previous business was quite profitable, but that's not why he did it.
Easy to say profit doesn't matter once you've cleared $100mm.