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What a narrow definition of success

8 pointsby mh_over 11 years ago

1 comment

nicklerover 11 years ago
<a href="http://4mojo.wordpress.com/2013/10/15/wtf-is-success/" rel="nofollow">http:&#x2F;&#x2F;4mojo.wordpress.com&#x2F;2013&#x2F;10&#x2F;15&#x2F;wtf-is-success&#x2F;</a><p>I couldn&#x27;t agree more. I&#x27;ve built 5 successful businesses that all required entirely different definitions of success (and more that haven&#x27;t made it). All of them were bootstrapped and were the product of partnering with exceptionally talented people.<p>Fair point, they didn&#x27;t scale, and i&#x27;m working on that with my main project, however they&#x27;ve added multi-millions to the economy annually, employed dozens, and those employees have gone on to open their own businesses (dozens of them). I&#x27;m damn proud of that impact on the local economy, and I&#x27;m not rich from it, not by a long shot (disclaimer, I&#x27;m flat broke).<p>Investors want to participate in high growth, not necessarily high impact. Some can do both, (paypal mafia, I&#x27;m looking at you), but most only succeed in making all the participants a healthy living, training the next generation of entrepreneurs, and keeping the money flowing in the local economy instead of to a corporate head office.<p>I think those are pretty good outcomes.