Josh Pigford on patience in growth
“ Our revenue growth has been annoyingly steady. There’s no hockey stick. Just good ol’ fashioned “normal” growth.”
This has been on my mind kind of a lot lately. No matter how good things are going, I bet it wouldn’t be enough. I bet I wouldn’t even recognize a “hockey stick” growth as an explosion, I would probably still be thinking “why isn’t this growing faster?”, “why aren’t I a billionaire yet?”. The second one is an exaggeration, but you get the point.
Josh’s story is interesting, writing about how they’re changing things up and leaving the “startup rat race” mindset. He talks about how he and his team were so frantically obsessed with explosive growth that they almost sunk the company. Burning through cash and with just 2 months of runway left (which is literally nothing by most standards) they had to make some very quick changes.
I see that in myself. If something doesn’t literally explode practically immediately I feel the impatience right away. It’s bad. Take this project for example. It’s barely getting off the ground and I’ve had money of impatience already. The streak counter has grounded me because I look and see it’s only been a month. A month! That’s nothing. But somehow if it weren’t for looking at that number I would be feeling like it was a whole lot longer and if it hasn’t succeeded by now then maybe it won’t. Ridiculous impatience.
Things take time, it’s not all just going to appear by the evening when you start in the morning. Looking back over a couple years you might be in a position one day to think “wow that went quick” but that’s a purely rear-view-mirror kind of observation. While you’re in those two years it is undoubtedly a grind, every day. But even 2 years, think about that. Even that’s quick! And here I am a month into a couple projects and already getting antsy at times.
When I’m able to reflect on myself and situations like this I find it just so peculiar. How could anyone expect for everything to happen inside a month? But there I am, subconsciously thinking it.
I think another way to look at this is to see it as an opportunity. If there are more people like this, like me — and I’m sure there are — then the opportunity is to be the one that sticks around long enough to collect the prize.
Hang in there.