4 ms·
Growth doesn't necessarily mean being the biggest. Unbounded growth is strongly analogous to cancer, but bounded growth up to a certain point is a valid way of
by notacoward 6y ago
Growth doesn't necessarily mean being the biggest. Unbounded growth is strongly analogous to cancer, but bounded growth up to a certain point is a valid way of getting to an ideal team size/composition, economy of scale, or customer-base diversification to limit risk.
Back in 1989, I interviewed at a place called Daedalus something-or-other in Ann Arbor, MI. They had about a dozen employees crowded into an old Victorian house. They said that they had been around for more than a decade, never had anybody leave, and this was their first hire in a few years. They had a comfortable niche in desktop publishing (IIRC) and didn't particularly intend to grow beyond that. I guess nowadays we might call it a lifestyle business.
I ended up going elsewhere, but even then - at 24 - I could see the appeal and sanity of such an approach. I wish there were more such companies, but the existence of VC-funded behemoths leaves precious little oxygen for more than a few.
- danaris 6y agoI think it's about the difference between having your goal be "growth" and having your goal be "(grow to) have X customers and Y employees" or "(grow to) have $X profit per year". In the latter case, growth is a means to an end—a specific goal that is (at least potentially) achievable, and can yield a sustainable, profitable steady-state for the foreseeable future. In the former case, growth is seen as an end in itself—or, to the extent that it's a means, the end is simply "more profit, forever".