If You Want Your Business to Win in the Long-Term, Don’t Take Shortcuts


Startups are for the impatient, so conventional wisdom goes. As programmer and author Paul Graham wrote, “Instead of working at an ordinary rate for 40 years, you work like hell for four” to “solve the money problem in one shot.” Sounds pretty good, right?

While the quick wins do happen from time to time (people win the lottery, too), working 80-hour weeks, starving relationships and pushing teammates to the limit is more likely to result in depression than a pot of gold at the end of the rainbow.

Related: 7 Mental Shifts That Allowed Me to Become a Millionaire at 22

Experienced founders will tell you that the true path to success is long, winding and full of ups and downs. It takes an average of nine long years for a software-as-a-service company to go public. Nine years.

... read more at: https://www.entrepreneur.com/article/300430