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B2B SaaS is not the only way. If it takes too long to get to market because of a refusal to take investment, then a venture can miss the timing and remain too s
by 1letterunixname 3y ago
B2B SaaS is not the only way. If it takes too long to get to market because of a refusal to take investment, then a venture can miss the timing and remain too small to be valuable. OTOH if a venture raises money it doesn't know what to do with (to accelerate things), grows costs without a strategy, and/or gives away too much equity, then it's also headed to crash into a reef.
There are millions of professional class people who have "lifestyle" consulting and service businesses who make a living that's widely variable more so than a salary full-time job with an employer.
A primary way (there is no "the way") to become richer is to have equity in something valuable, which is usually something that is difficult for others to perform and replicate, essential, usable, defensible, and likely to be profitable, either created by your team or your investees. Ownership isn't the game, it's the only game.