Staying on the path
This post really resonated with me. Especially this:
There’s a long parade of companies that placed growth above all else, got big, then never got to actually extract any profits because the market disappeared or self-inflicted wounds took them down.
Taking profits every year, along the way, insulates owners from ending up as the last, biggest fool to buy a stake before the valuation stops growing.
We’re often confronted with growth discussions. Either from outside the company or inside.
Often I hit my self in the head with this question:
Are we growing fast enough?
Reading DHH’s post gives me confidence in the fact that we are growing organically.
There is a path forward where we grow slow and steady. Right now I just want to stay on that path.
Published 21 Nov 2019