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286: The hardest part about entrepreneurship

The Sweaty Startup

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What's the Definition of Value in Money?

Ancheponers are very good at seeing that what they're adding to the world, is not necessarily perfectly correlated with the amount of money in their checking account right now. A really good example, this is our self storage facility. We built that thing in two thousand 16, opened the doors on wo thousand 17. The value that we were adding wasn't going to really show itself for three years. That's the definition of value in money not being equal for a really long time. And then, boom, it happens, and you have some money that from that value that you created three or four years ago. There's value in that.

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