How Value is Created (Value Defined) - Deepstash

How Value is Created (Value Defined)

Value is created through work. This work could be mechanical (cutting a tree down and turning it into lumber) or creative (creating a logo or writing a paper). Not all work is value-creating (sisyphysian tasks like moving rocks from one place to another, then back).

The purpose of a business is to create value (through work), sell or trade it to customers, and capture some of that value as profit.

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