How Investing for The Future Sucks
The common entrepreneurial cycle:
- Month 1: Spend cash for the future
- Month 2: Spend cash for the future.
- Month 3: Spend cash for the future.
- Year 1: Spend cash for the future.
- Year 2: Spend cash for the future.
- Year 3: Kaput! We bankrupt, bizattchies.
Investing for the "future" constructs a never-ending, habitual habit that will destroy your company before you could seek that "future".
Why Investing for The Future Sucks
Like underground disco, the world is a never-ending ballgame. When Billy thinks he's investing for the future, he thinks:
- "Oh...the world will just remain static for me to slowly-but-surely perfect my million-dollar innovation."
Fact is: The world's not static, son. True innovators dish out new innovations that change the corporate landscape, daily. What would've been such-an-awesome innovation a year ago --- would totally get !@^^ rocked by another company now.
What Could Billy Do, Then?
- Option 1: Billy could introduce his outdated invention, and see mediocre results.
- Option 2: Billy could add the world's new cool stuff into his invention.
Let's just be gung-ho, and say he goes with the latter approach. So Billy, being the entreprenerial dude that he is, then goes:
- "Let's perfect my innovation by adding the new innovation to my innovation!"
The Cycle of Doom
Because of his I-will-perfect-this-thing-till-the-end mindset, Billy's vicious cycle:
- Spends months/years incorporating the new innovation.
- "I'm-almost-done! But-wait! New-innovations! I'll incorporate the new innovations!"
- Recycles to ^1.
- And on, and on, and on, and on -- to inifinity plus ONE.
The cycle of doom drains Billy's cash -- until he's out, he's done, he's got no-mo-money. Boo. Boo.
Why Profit Now
Peep this ridiculously amazing analogy:
- People need food to survive; trees need food to survive; dolphins need food to survive; plants need food to survive; Linsay Lohan's mama needs food to survive.
- Likewise, businesses need food to survive.
Sha-bam!
- Seek profits now.
- Nourish the company to keep it healthy.
- Then, at the same time, do your sex-ay innovation thang anytime your fabulousity wants.
Say NO! to Just the Future
Say NO! to solely investing for the future. Instead, ask your business fellows:
- "Where can we profit now -- like, tomorrow or this week?"
- "In addition, how can we also invest for the future?"
Think healthy.
Profit now + Invest for the future = Beautiful.
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Posted on August 22