They seem to forget that “line go up” isn’t the primary objective. If you make a good product and give half a shit about your customers, the line goes up as a natural consequence.
companies just can’t seem to know how to grow without line go up mentality.
That’s like saying “people just can’t seem to harness the advantages of cancer without dying”
If you never take money and get hooked by outside sources, you can just slowly grow, with no debt, beholden to no one
If you take the money with any strings attached at all, you basically have to grow like cancer or your company will be sold for parts. It’s inevitable at that point
Don’t take the money kids. If you have to take a business loan in the beginning - fine,
I meant to delete the comment to keep things simple, but what I was going to say is something like
fine, but debt is like gambling. There’s situations where it makes sense, but it’s addictive. It’s mortgaging your own future, even when it maths out it’s a risk - shit happens
And if you over leverage and under perform, it’s over. If you can pay yourself and your employees, you’re better off never taking on debt again.
Like Wegmans. It’s the very best grocery store, everyone who goes there agrees. They grow slowly because they only open new locations when they have the cash to do so, and so they never have to compromise on quality in any way
Same with raspberrypi really.
companies just can’t seem to know how to grow without line go up mentality.
They seem to forget that “line go up” isn’t the primary objective. If you make a good product and give half a shit about your customers, the line goes up as a natural consequence.
Yes, but line go up fast enough?
Line go brrrr?
That’s like saying “people just can’t seem to harness the advantages of cancer without dying”
If you never take money and get hooked by outside sources, you can just slowly grow, with no debt, beholden to no one
If you take the money with any strings attached at all, you basically have to grow like cancer or your company will be sold for parts. It’s inevitable at that point
Don’t take the money kids. If you have to take a business loan in the beginning - fine,
was the comma a typo of a period, or did you have more to say here? if you have more to say i’m eager to listen
I meant to delete the comment to keep things simple, but what I was going to say is something like
fine, but debt is like gambling. There’s situations where it makes sense, but it’s addictive. It’s mortgaging your own future, even when it maths out it’s a risk - shit happens
And if you over leverage and under perform, it’s over. If you can pay yourself and your employees, you’re better off never taking on debt again.
Like Wegmans. It’s the very best grocery store, everyone who goes there agrees. They grow slowly because they only open new locations when they have the cash to do so, and so they never have to compromise on quality in any way