There are four types of entrepreneurs:

1. People who try, give up, and get a job 🤦

2. People who get overwhelmed or comfortable, and stop growing ⚖️ (lifestyle)

3. People who grow steadily, year after year 📈 (compounders)

4. People who blitzscale 🚀(venture) ...
Each is specific to personality....

Some entrepreneurs feel an insatiable need to grow.

Others get to a certain point and stop, due to lifestyle or personality.

So, once you get to a point of comfort, why keep growing?...
So many people think growth = greed.

The reality:

If you don't grow your revenue, you can provide ZERO upside to your employees.

No growth = no raises. No promotions. No new roles. No new interesting people to work with. No new challenges.

The best people will leave...
In this way, a company becomes a beast you need to feed:

More employees = more need for opportunity.

More people depending on you for upside, meaning, and career progression.

More need to try new things and grow....
There are many flavours of this.

I know people who run bootstrapped companies that have one bespoke product and a relatively small team, even after 20 years.

I also know people with 5,000 employees and 20+ businesses after 20 years....
In both cases, one thing has been key to success:

Steady growth.

Obviously at different rates, but no matter what, both businesses need to keep growing enough that everyone can get a raise, promotion, do more interesting work, etc...
I can think of very few businesses that don't grow and can continue to employ the best people, keep them happy and engaged, and stay in business longterm.
You can follow @awilkinson.
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