Re:YC will accept 10k new companies into its new online Star...
by coupdejarnac on Tuesday June 06, 2017 @09:35PM
(#14503069)
If you're growing and profitable, you might consider ignoring all the startup culture nonsense.
Re:YC will accept 10k new companies into its new online Star...
by bisRepetita on Tuesday June 06, 2017 @09:42PM
(#14503085)
Why would "growing" be a prerequisite to success? Isn't profitable enough, especially if already decently profitable?
Re:YC will accept 10k new companies into its new online Star...
by coupdejarnac on Tuesday June 06, 2017 @10:05PM
(#14503169)
I assume you are asking a serious question, but yes, you need to at least grow to match the rate of inflation/cost of living. Aside from that, it's up to you to decide how much you want to grow.
Re:YC will accept 10k new companies into its new online Star...
by nashadelic on Tuesday June 06, 2017 @11:01PM
(#14503403)
Really depends upon the goal. If you're a venture funded startup then the find is aiming for a 10x truth from you over 7-10 years. This will translate to 2-3x Y/Y growth for the first years of the startup. Ofcourse, if you're self funded, these rules don't apply.
Re:YC will accept 10k new companies into its new online Star...
by salesguy222 on Wednesday June 07, 2017 @03:40PM
(#14509294)
Growing yes, and profitable yes! I may not have a million or billion dollar market, but I've totally replaced my desk job income with this :)
I don't see the niche drying up anytime soon, so I appreciate this advice. I feel like I am on the right track!
Re:YC will accept 10k new companies into its new online Star...
by michaelbuckbee on Tuesday June 06, 2017 @09:28PM
(#14503037)
What matters is if it's a success to you. Which I'm worried sounds like it might be flip or dismissive, but I think is the core truth of it.
Re:YC will accept 10k new companies into its new online Star...
by salesguy222 on Wednesday June 07, 2017 @03:38PM
(#14509278)
No, thank you so much for this advice! It was helpful and much needed.
I may not be building a million or billion dollar market, but I figure that if money is the same, I'm glad to be working by my own rules rather than someone else's!
Re:YC will accept 10k new companies into its new online Star...
by s73ver on Tuesday June 06, 2017 @11:26PM
(#14503510)
Are you making money? Then yes.
Re:YC will accept 10k new companies into its new online Star...
by salesguy222 on Wednesday June 07, 2017 @03:41PM
(#14509303)
Fortunately yes!! Of course it is not millions of dollars a year, but it is enough to replace a desk job income and seems stable.
Here's to hoping!!
I personally love the Startup School lectures and they have been a great help to me.