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Mr Benji wrote: ↑December 28th, 2024, 4:04 pm
COMPANY
Hi Scott ,
A simple question: how can one build a multi billion dollar company in tech?
thank you.
Hi,
Mr Benji,
Thank you for your question!
One builds a multi-billion dollar company the same way one builds a billion dollar company, which is done the same way one builds a multi-million dollar company, which is done the same way one builds a million-dollar company or even just a $100,000 (one-hundred-thousand dollar) company.
In analogy, the way one trains to run a 100-mile race is the same way one trains to run a 50-mile race, which is the same way one trains to run a 10-mile race.
How does someone who weighs 500 pounds lose 300 pounds of fat? The same way they would lose 200 pounds or 100 pounds or just 10 pounds.
You just do what works; just do it (1) more consistently, (2) for longer, and/or (3) more intensely.
If you can scale a company from making only hundreds of dollars in profit per year into a company that makes thousands, then tens of thousands, then hundreds of thousands, you can just use the same principles of scaling and exponential growth to get to billions.
Figure out how to make a one-hundred-thousand-dollar company. Do that. Once you have done that, scaling up to millions and then billions is super easy because it nearly entirely boils down to simply staying the course and repeating the steps you used to scale up from $1,000 to $10,000 to $100,000. Just keep repeating that process of scaling.
With love,
Eckhart Aurelius Hughes
a.k.a. Scott
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In addition to having authored his book, In It Together, Eckhart Aurelius Hughes (a.k.a. Scott) runs a mentoring program, with a free option, that guarantees success. Success is guaranteed for anyone who follows the program.
My entire political philosophy summed up in one tweet.
"The mind is a wonderful servant but a terrible master."
I believe spiritual freedom (a.k.a. self-discipline) manifests as bravery, confidence, grace, honesty, love, and inner peace.