“Owning Your Destiny” is an incredibly powerful concept anywhere else but in the world of startups.”
Instead of focusing solely on growth, chart a path to profitability
As a startup, rather than buying into the idea that you have to use your first decade to build your audience, collect your data, or lock in your customer, figure out how to make money from day one.
Building a “Real Business” from the beginning
Real businesses make products and sell them for a profit. Real businesses provide services for a profit.
Real businesses focus on customer’s acquisition, revenue and profitability, not investors, valuations and the next fundable milestone.
Real businesses prioritize their customer’s needs over their customer’s eyeballs. They have a functioning business model, not a believable financial model.
Real businesses want to stay in business, not run for the exit
Real businesses create their own source of funding and do not have to ask anyone for permission to exist.
Scaling a business through happy customers and increasing revenues and profitability is no harder than breaking the addiction of spending money.
Most startups bleed red, real businesses bleed black. Stop the Bunkum, stop the nonsense and look for a profitable customer now.
It is up to you to make it happen now!
Owner of Bunkumless.com and King Global Earth and Environmental Sciences Corporation, JMD, a former attorney, is a Columnist for The Futurist Daily News and editor of the Social and Political Blog JMDlive.com Follow JMD @ jmdlive