How does your company balance short-term profitability with long-term sustainability and growth?
Alexey Anshakov
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Jake Harrison@jakeharr
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I think it depends what kind of business you are building! As an indie hacker, I have multiple products and each one has its own life cycle. So the short-term profitability is more important.
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We invest in innovation, R&D, and employee development.
i was watching a product management fundamentals video about this recently:
https://youtu.be/lF70OuNWdrM?si=...
the goal is to make activities high value:low cost as much as possible, but it's not always possible.
Our company strives to strike a balance between short-term profitability and long-term sustainability and growth by making responsible decisions. We invest in innovation, prioritize ethical practices, and maintain financial stability. This approach ensures we meet immediate financial goals while safeguarding our ability to thrive in the long run, benefiting both our stakeholders and the environment.
With confidence and knowledge. But both and at the same level.
By making wise choices, our organization aims to find a balance between immediate profitability and long-term sustainability and growth. We prioritize ethical behavior, put an emphasis on innovation, and uphold financial stability.