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E. Laurence Bake St. Petersburg, Florida, 2007 It is a mathematical certainty. No business will survive taking in $1.00 of revenues, while spending 80 – 90 cents on past obligations (Debts) and expenses, while agreeing to pay $1.20 or $1.50 to the person who paid the dollar. Eight ounces of water will never fill a ten ounce glass, no matter how good the sales presentation. That one dollar would have to be used wisely to bring $3.00 in profits back to the Company. That would be a rough definition of the term SUSTAINABILITY. A more precise definition is, “Sustainability is a characteristic of a state that can be maintained at a certain level indefinitely.” One of the unique aspects of MegaBay Surf, the one that stands out above the rest, is this characteristic of sustainability. It means a company can continue to do business, pay its expenses, pay its staff, phones and light bills, pay out all of its partners earnings on time, protect itself legally and technologically, and earn a decent profit in the process. This is a little less difficult to accomplish with the Megabay Network than it may be for other types of companies. That is because The Network has millions of fairly priced and desirable products and services to sell to the broad general public. The $1.00 dollar mentioned above has a productive, potentially profitable place in the Network. The more Surf Partner dollars the company has the more products and services we are able to offer to the public - the better the product & services selection, the more the general public buys - the more they buy - the more dollars we have, and so on. It really is simple mathematics, but it needs to be considered every step of the way. There always has to be MORE COMING IN FROM ALL OF THE COMPANY’S INCOME SOURCES THAN IT HAS TO PAY OUT. This, I believe, is the strength of MegaBay Surf. It is a part of The MegaBay Network, and at last we have an opportunity to build a business with more coming in than needs to go out. All we need to do is remember to compare prices, and whenever possible “…do our online shopping with our OWN COMPANY FIRST, and show a few friends how they can both earn and save a lot of money doing the same”. These are the kinds of principles that build long lasting, PROFITABLE companies. Companies that continue to stand strong and be of service to others for many years, in spite of the ups and downs of day to day business. And these are the principles that set MegaBay Surf apart from other surf companies. E. Laurence Bake CEO The MegaBay Network
E. Laurence Bake St. Petersburg, Florida, 2007 It is a mathematical certainty. No business will survive taking in $1.00 of revenues, while spending 80 – 90 cents on past obligations (Debts) and expenses, while agreeing to pay $1.20 or $1.50 to the person who paid the dollar. Eight ounces of water will never fill a ten ounce glass, no matter how good the sales presentation. That one dollar would have to be used wisely to bring $3.00 in profits back to the Company. That would be a rough definition of the term SUSTAINABILITY. A more precise definition is, “Sustainability is a characteristic of a state that can be maintained at a certain level indefinitely.” One of the unique aspects of MegaBay Surf, the one that stands out above the rest, is this characteristic of sustainability. It means a company can continue to do business, pay its expenses, pay its staff, phones and light bills, pay out all of its partners earnings on time, protect itself legally and technologically, and earn a decent profit in the process. This is a little less difficult to accomplish with the Megabay Network than it may be for other types of companies. That is because The Network has millions of fairly priced and desirable products and services to sell to the broad general public. The $1.00 dollar mentioned above has a productive, potentially profitable place in the Network. The more Surf Partner dollars the company has the more products and services we are able to offer to the public - the better the product & services selection, the more the general public buys - the more they buy - the more dollars we have, and so on. It really is simple mathematics, but it needs to be considered every step of the way. There always has to be MORE COMING IN FROM ALL OF THE COMPANY’S INCOME SOURCES THAN IT HAS TO PAY OUT. This, I believe, is the strength of MegaBay Surf. It is a part of The MegaBay Network, and at last we have an opportunity to build a business with more coming in than needs to go out. All we need to do is remember to compare prices, and whenever possible “…do our online shopping with our OWN COMPANY FIRST, and show a few friends how they can both earn and save a lot of money doing the same”. These are the kinds of principles that build long lasting, PROFITABLE companies. Companies that continue to stand strong and be of service to others for many years, in spite of the ups and downs of day to day business. And these are the principles that set MegaBay Surf apart from other surf companies. E. Laurence Bake CEO The MegaBay Network
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