The Ten Commandments of Startup Profit
Ed McLaughlin,
Wyn Lydecker
January 25, 2017
"From the beginning, I organized my business, USI, around 10 core profit principles. I call these principles The Ten Commandments of Startup Profit. By factoring profit into every business decision, USI generated a 20% operating profit margin, while growing our revenues at a 40% compounded annual rate. You can use this concentrated list of profit principles to benchmark your business and its potential for generating profit. [...] Understanding these profit principles and applying them to your business can increase the probability of your long-term success and improve your returns along the way."