Max Amsterdam: Violence vs. Sales
on Monday, October 1, 2012Max Amsterdam Money Quote saying convincing people to buy is always about asking them to open their wallet willingly (with some coercion) and never by force. Max Amsterdam said:
“Business is the art of extracting money from another man’s pocket without resorting to violence” — Max Amsterdam
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The quote “Business is the art of extracting money from another man’s pocket without resorting to violence” by Max Amsterdam means that at its best, business involves persuading customers to willingly part with their money in exchange for valuable goods or services, rather than taking it by force.
It acknowledges that the goal of business is to generate profit and revenue, but emphasizes that this should be achieved through mutually beneficial exchange and cooperation between businesses and consenting clients, as opposed to coercion or illegality.
The “art” referred to is creating value for others in a way that also rewards the business in financial terms, without violating the rights or freedoms of any individual in the process.