- Mar 20, 2021
Shoot lol maybe I should have specified.No need to apologize mate, I got your point.
Maybe my point could be made clearer. So, here it goes:
Stop thinking only about selling for MILLIONS in equity in the "end". Start thinking about cashing in multiple digits in profits along the way.
This way you make the process much more pleasurable and rewarding - while freeing yourself from the obssessive focus on money and allowing you to develop other areas of your life/personality and become more happy and whole as an individual - while still be KILLING in business.
This way you become richer, happier and much more free.
And yes, bootstrapping is WAY better, imo.
When I say sell for milions in the end, I was thinking I would grow my business super quickly and hit something like $400-500k in revenue. Then I'd look for people who might be interested in acquiring. I'm not sure how exactly valuation is calculated but I'd assume super fast growth + lots of revenue & profit = sell for millions.
I was always planning on making profit along the way haha, not just building for 1-2 years before launching to the public(the kind of horror stories you hear about in the media from time to time) only to have it flop.
Thanks for the feedback brother
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