Decks Don’t Build Companies. Customers Do.
Most founders get tricked into thinking their job is to impress investors.
Decks, competitions, vanity metrics. Theater.
But business isn’t about looking like a startup.
It’s about staying alive long enough to become a company.
The Purpose of Business
“The purpose of business is to create and keep a customer.” —Peter Drucker
Drucker didn’t say “maximize profit.”
He said the job of a business is to serve customers well enough to stay alive — and innovate fast enough to stay ahead.
A good business earns enough to:
- Support a long-term team
- Survive market shocks
- Fund innovation and growth
Profit matters. But profit optimization ≠ profit maximization. The best companies invest in customer relationships, learning, and durable advantage – not in chasing prizes or vanity.
You Might Raise Capital. You Might Not.
Venture capital is a tool—not the goal. And for many companies, it’s not the right tool at all.
“You’re almost always better off making your business better than your pitch better.” – Marc Andreessen
If you raise, great.
If you don’t, just F'n build.
Either way, the requirements are the same:
- Clarity
- Cash discipline
- Customer traction
The Core of a Business
At the end of the day, business is simple:
- Make something people want
- Make it easy to find and easy to buy
- Make enough money to keep going, improve, and grow
A good business makes something people love—then builds the machine to deliver it, repeatedly, at a profit.
All financial models, metrics, and plans should serve that goal.
Tools and capital don’t build companies.
Decisions, discipline, and customers do.
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