Exploring Profits, Company Values, and Business Mentalities

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Exploring the contrasting mentalities behind business growth, this chapter highlights the significance of profits for leverage in deals and the crucial difference between building a company for oneself versus the customer. It discusses the bootstrapper's focus on profitability and patience versus the blitzkiller's pursuit of rapid growth and scalability.

Episode 112: Today’s read was recommended by my buddy Sam Parr & it was written by Jason Cohen, a serial entrepreneur who has built 4 businesses, resulting in 2 exits and 2 unicorns. The essay is called Rich vs. King in the Real World & it explores Jason’s decision to sell his business, the unexpected criticism he received from friends & colleagues, and why he believes it was ultimately the right thing for him.

Original essay: https://longform.asmartbear.com/rich-vs-king-sold-company/

Send us an email and let us know what you think of the idea! foundersjournal@morningbrew.com

#FoundersJournal #Startups #Entrepreneur

Listen to Founder’s Journal here: https://link.chtbl.com/OV4W93_W

Watch Founder’s Journal here: https://www.youtube.com/@FoundersJournal/

Subscribe to Morning Brew!

Follow The Brew!

Instagram - https://www.instagram.com/morningbrew/

Twitter - https://twitter.com/MorningBrew

Tik Tok - https://www.tiktok.com/@morningbrew

Follow Alex!

Alex Lieberman (@businessbarista)