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Clayton Mooney
@mooneymillions
I wonder what outsiders think of companies’ revenue who are 3, 5, or 8 years old? I can tell you that the average company out there isn’t close to the revenue you assume. If they’ve raised venture capital, 9 out of 10 times, their revenue is propped up by high Customer Acquisition Costs, and they’re bleeding money. We did and have. It took us 4 years to reach $100,000 in revenue. It took us 6 years to reach $1,000,000 in revenue. It’s always longer than you think.
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