Yes this is exactly right. In my case the business has been 12 years and now we are probably valued around $65m. 12 years is a really long time. I never would have thought it would take this long, but also I never would have expected to have the success we have had. I often look at other startups and I think to myself — This was really freaking hard to build this business bootstrapped, but it wasn’t impossible. It also didn’t take any special skills. It just took determination and hard work and continuing to do that for a long time - and i wonder why they don’t try the same thing I did. It must be because people underestimate the impact of hard work over time. The key thing is don’t die and continue growing, even if its a small amount. Continue fixing things, getting better, getting more customers, etc. Just like you said above.
In the case of my business i wasn’t thinking long term, i just was obsessively focused on it and never gave up. I think the human mind is just really poorly equipped to think long term and there are many many opportunities out there for people who can.
In the case of my business i wasn’t thinking long term, i just was obsessively focused on it and never gave up. I think the human mind is just really poorly equipped to think long term and there are many many opportunities out there for people who can.