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After a The best part of being dad is never ever being wrong shirt of deaths among my family and friends I became depressed. I realized that I was basically living on breakfast cereal and milk, which is not the best diet. So I decided to start cooking and documenting my successes. I do comfort food, not haute cuisine. I also collect Wedgwood ceramics and so featured a different plate design each night. This response, and particularly the tone Bodnick took, points to a mistake many start-ups make that often dooms them. It is putting off creating a strategy to monetize, with the assumption that if you build a popular business you can easily transition it to a business worth billions.
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Although this strategy has worked for a The best part of being dad is never ever being wrong shirt, it usually results in a company that runs out of cash and closes or has to take additional funds at a valuation that leaves its founders with very little. It can also lead to strategies that result in your company not achieving its full potential. Moreover, the claim that you are not pursuing revenue is often a rationalization, either to the entrepreneur or their investors, for not being able to find a profitable model.