> 9. Are you optimizing for growth or profitability?
> Profitability - 39%
> Growth - 61%
This is what happens when your business goal is to get acquired and not to have a business sustained by paying customers.
> Profitability - 39%
> Growth - 61%
This is what happens when your business goal is to get acquired and not to have a business sustained by paying customers.
A business that isn't profitable is either a hobby or a bad idea. A startup that isn't growing is dead. Personally I'd rather make $5/10/15/25k a month with a business than kill myself trying to get millions in funding, pay myself a $10k/mo in salary and leave with nothing through either failure, dilution or some combination thereof.
Time will tell, but I think this is the line of thinking that we'll look back on with disdain in years to come.
The "lifestyle" self-running company that spits out a comfortable amount of cash and is easier to handle than a corporate job is somewhere between a myth and a unicorn. It's very rare. If you want to stay on the legal side of things it takes a great amount of connections, experience, time and effort to build such a company. You might as well invest that time in a "proper" startup and get some funding. Chances of success will be similar in the end.
Maybe, when you start a business, instead of all this bickering about what is bad startup behavior, you just define whether or not you think you want to get bought or go on your own, and act accordingly.