3 ms·
I think they are two different things. To me "rich" means I just got a windfall from my startup lottery ticket Recurring revenue sounds more moderate, $X,000
by chrisan 12y ago
I think they are two different things. To me "rich" means I just got a windfall from my startup lottery ticket
Recurring revenue sounds more moderate, $X,000 a month is a more realistic goal than $X,000,000,000 company buyout
But at the end of the day, they both mean you get to work on fun stuff more often :)
- jiggy2011 12y agoThe difference is that if you sold your company for $x million you can just put your money in a lowish risk investment and do literally whatever you want for the rest of your life with very little stress provided you don't go crazy with the yachts and strippers. If you have recurring revenue of $x thousand per month from a product or service where revenue doesn't scale with hours worked you still have stress because if your customers leave (for example a competitor launches something better or cheaper) your revenue drops. So you still must spend at least some of your time working on that.