You Don't Live in a Perfect World

0:00feel like Do you feel like private equity has been a force for good or a force for bad in regards to the life and spending power of the average American consumer? >> All right, this is a really a really interesting question because I think you attempt to make a moral judgment on creation of profit. And so, to argue against private equity, in my opinion, is to argue against capitalism.

0:26And so, if you think that private equity is bad, private equity is also just another word for private ownership. And so, do we think that private ownership has been overall good or overall bad? Well, all we have to do is look at places that do not allow private ownership or capitalism, and do we think that people have more good in those societies versus the ones that have more free markets and more capitalism? And the argument for me is pretty stark black and white in terms of capitalism is better for people in general in terms of average living conditions. That being said, it does not mean that it is a perfect system. It is an absolutely imperfect and flawed system, and it is also the best one that we have right now. And so, I think what people struggle with is that they want to have a perfect world.

1:05And because they do not have a perfect world, wants to damn the one that they're in. If you like this video and you're business owner who wants to break through your current revenue ceiling, I distilled every lesson from scaling 10 businesses past 10 million and three businesses past 100 million into a completely free scaling roadmap that I've used to go from zero to one, zero to 10, and zero to 100 plus. And so, you can click here and you can check it out. Again, absolutely free, and since you're business owner, appreciates you, and enjoy.