oboloo Glossary

Profit Motive

oboloo Glossary

Profit Motive

Profit Motive: A mindset focused on the potential for financial gain as a motivating factor. Profit motive is often seen as an essential part of business operations, leveraging incentives to grow and diversify the market. It encourages people to take risks with the potential for reward, providing a source of motivation and innovative ideas. At its core, profit motive serves as a driving force for those willing to push boundaries and explore new horizons. Ultimately, it’s a way of thinking that provides a powerful incentive for success.