Home > Recruiting > Random Thoughts On Recruiting – A 3 Billion Dollar Hobby

Random Thoughts On Recruiting – A 3 Billion Dollar Hobby

December 16, 2010 Leave a comment Go to comments

My wife started a small business years ago.  As she got the thing started, I used to tell her that the accountant says if you go more than a couple of years without making a profit, then the IRS says you don’t have a business.  You have a hobby. 

I heard today that Twitter is now worth over 3 billion dollars.  That is billion with a B.  They have yet to turn a profit.  So does Twitter have a hobby that is worth over $3 billion?  Maybe.  I do wonder when they are going to monetize this thing and I really wonder if they will be able to.  This will be interesting to watch. 

Maybe this will work out and they will have incredible profits.  That would be great for them.  We all have to keep in mind though, that we are not in business for show.  If you can’t make a profit, you don’t have a business.

Todd Kmiec

Todd Kmiec and Associates

todd@toddkmiec.com

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