When planning your business, it’s very easy to get drunk on multiplication. What if you you get 10 customers, 100 customers, 1,000 or maybe a million.
What if you did an IPO?
The focus of your company, your startup should be do one thing. Create a profit.
Just because you can create a product and create revenue doesn’t mean you have business. Anyone can spend money, lots of money, to create something, but can you convert that into a business.
A business is not a business until it’s self-sufficient. Until it makes money. Until it’s profitable.