There’s a Hidden Cost of Overnight Growth — Here’s What It Is and Why Slow and Steady Wins the Race

Opinions expressed by Entrepreneur contributors are their own.

A long time ago, in the days when my startup was still in its infancy, I craved what I saw other entrepreneurs enjoying: Major, explosive growth. The kind that snatches headlines and earns thousands — no, millions — of shares on social media. The kind of growth that fuels conference panels and cocktail hour gossip.

Now? I am so glad my company never had that.

As scintillating as a big launch day story can be, there’s a hidden cost to going viral too soon. Think about it: How many companies have you seen rocket into the stratosphere like a firework, only to

→ Continue reading at Entrepreneur

More from author

Related posts

Advertisment

Latest posts

Why gas prices are not falling as oil prices plunge | CNN Business

This detective got a surprise visit and a special request from the teen whose life he saved 15 years ago ...

Federal Judge Rules It’s Legal to Train AI on Copyrighted Books, Marking Major Win for AI Companies

A federal judge ruled for the first time that it was legal for $61.5 billion AI startup, Anthropic, to train its AI model...

After This LGBTQ Couple Lost Their Jobs Within 30 Days of Each Other, They Started a Business — With Goats. It Led to More...

In 2006, Josh Kilmer-Purcell and Brent Ridge didn't have visions of becoming entrepreneurs with a goat milk skincare and body care brand. The New...