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If you're growing and profitable, you might consider ignoring all the startup culture nonsense.
by coupdejarnac 9y ago
If you're growing and profitable, you might consider ignoring all the startup culture nonsense.
- bisRepetita 9y agoWhy would "growing" be a prerequisite to success? Isn't profitable enough, especially if already decently profitable?
- coupdejarnac 9y agoI assume you are asking a serious question, but yes, you need to at least grow to match the rate of inflation/cost of living. Aside from that, it's up to you to decide how much you want to grow.
- nashadelic 9y agoReally depends upon the goal. If you're a venture funded startup then the find is aiming for a 10x truth from you over 7-10 years. This will translate to 2-3x Y/Y growth for the first years of the startup. Ofcourse, if you're self funded, these rules don't apply.
- salesguy222 9y agoGrowing yes, and profitable yes! I may not have a million or billion dollar market, but I've totally replaced my desk job income with this :) I don't see the niche drying up anytime soon, so I appreciate this advice. I feel like I am on the right track!