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Great quote from my CEO on building a business

May 21, 2012

I was just sitting in on an interview with my CEO – he broke all the rules of entrepreneurship when building his company TradingScreen, by avoiding VC funding and going global and multi-product right off the bat.

Although I don’t like having the leanest marketing budget relative to all my post- liquidity event competitors, I respect the fact that he’s kept the company independent. He’s also avoided the easy paydays that have lead many firms in this space to be handed around between groups of short-sighted competitors like a pack of smokes in a prison yard.

One of the big stories of the company was the value of hard work and patience in building the business. The capping quote: “If you’re looking for a liquidity event in three months, you’re not building a business, it’s arbitrage.” Awesome.

Something to think about in a world where it seems like many entrepreneurs are trying to get out with as much money as possible as fast as possible.

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From → Entrepreneurship

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