long-term thinking
musings on long-term thinking in a shortsighted world. we overestimate what we can do in a year, underestimate what we can do in 10 kinda thing.
Juan Orbea and
long-term thinking
MrBeast subscriber growth:
2012: 22 subscribers
2013: 612 subscribers
2014: 1,604 subscribers
2015: 15,429 subscribers
2016: 100,000 subscribers
2017: 1 million subscribers
2018: 10 million subscribers
2019: 28.4... See more
World of Statisticsx.comThousands of people will want to start a Substack or podcast. Something like 1% of them or less will stick with it consistently for 2+ years. If you commit to things for 10+ years, you develop what appear to be superpowers
This a very interesting read on long-lived institutions. A few facts: most of the oldest companies in the world are in Japan. 90% of the companies that are over 200 years old have 300 employees or less, they’re not mega companies
Working Backwards: Insights, Stories, and Secrets from Inside Amazon
Bill Carr • 10 highlights
amazon.com
MuleSoft, acquired for $6.5B in 2018:
- Took 6 years to reach $10M revenue
- Revenue grew less than 100% every year except 1
- Burned $7M to go from $110M to $188M revenue
- Burned $4M to go from $188M to $297M revenue
Efficient growth is highly... See more
Chetan Puttaguntatwitter.com
That's another thing too, where I'm only interested in people that do things for a long period of time. There is a subset of people that can start a great business or be a great investor for two years, five years, 10 years. I'm interested in people that, you started the conversation saying about Edwin Land and Estee Lauder. Okay. Two obsessives.... See more
Patrick O'Shaughnessy • Passion & Pain
