The statement "a business that makes nothing but money is a poor kind of business" suggests that a business should have a purpose beyond just making money. While making money is an important aspect of any business, it should not be the sole focus or purpose.
A business that only focuses on making money may neglect other important aspects of running a successful organization. For example, they may overlook the importance of treating employees well, providing a good customer service, or producing high-quality products and services.
Moreover, a business that only prioritizes profits may not be socially responsible. They might be cutting corners, exploiting resources, or causing harm to the environment, which ultimately would have negative consequences for the society and for the business in the long run.
Additionally, a business that only makes money may not have a sustainable future, as it is likely that it will face more challenges to maintain its growth and profitability. A business with a clear mission, values and purpose, is likely to have a more sustainable future, as it will be able to adapt to changes in the environment and generate value for multiple stakeholders.
In summary, while making money is an important aspect of any business, it should not be the sole focus or purpose. A business that makes nothing but money is a poor kind of business, as it neglects other important aspects of running a successful organization, it may not be socially responsible and it lacks a sustainable future.