Page 111 - The 7 Day Startup: You Don’t Learn Until You Launch - PDFDrive.com
P. 111
For those of you on eReaders, the more green, the better. Otherwise, keep track
of the yeses. If you can choose a business model that is all yeses and greens, then
that’s great. If not, you might have to go with some red and yellow while you
build up the green percentage. Basecamp.com54 started as a project web agency
before they had enough revenue to drop the one-off work.
A local restaurant might pay you a nice founder’s wage, but it’s difficult to
grow. Information products might give you big bursts of revenue, but a few
years down the track your business may not have progressed.
Build growth elements into the DNA of your business and optimize for ongoing
profit growth and asset value. In a few years you will have something valuable
instead of a job that just pays reasonably well.