I’ve seen lots of diagrams over the years that depict the ups and downs of startup life, but this is the best.
It’s from a post by Scott Belsky, and as he says the ups and downs are inevitable. The only thing to hope for is that the best fit line has a positive gradient.
He also wrote:
The science of business is the things that scale, the art of business is the things that don’t.
I love that too. A large part of what we’re doing at Forward Partners is building processes to make the ‘art’ piece of starting a company more reliably successful. We often describe that as ‘bringing science to the art of building a company’, but I’m now thinking that an analogy with learning how to create art might be more appropriate. Just as there are techniques which enable skilled artists to more reliably create great drawings/paintings/music/movies etc. so there are techniques which enable great entrepreneurs to more reliably create great companies.