It is argued that the measurement that can be used to estimate the success of someone’s business is the amount of money they make. I agree with this statement because if the business is not making money, it means that their products are not in demand . However, there is another way to judge success of business, which is if this business and its product can solve people’s problems and satisfy them.
On the one hand, financial profit of the company is essentially to calculate the success of it. The Amount of money that business is making is conected straight to the demand of its products. For example, Tesla which is company made by Elon Musk provides cutting edge cars which are highly popular across the world. In addition, because their eco friendly and low price politics, Tesla cars show high demand and produce a significant amount of money.
On the other hand, financial profit is not only main part to estimate success. Firstly, it is the solution of problems which company can provide and satisfaction that they can produce. For example, tech giants like apple and samsung they are making phones and devices that can solve problems like communication, security and access to the internet. Moreover, people are highly satisfied to use their products due to their ecosystems and solutions that it can provide.
In conclusion, while money that bussiness can produce is not the main benchmark to estimate the success, there are more factors like satisfaction and problem solution that shows it success and demand on the market.
