Longevity as an Investment Criteria
In the world of startups and new ventures, the central theme seems to gravitate towards growth and scaling.
When it comes to growth and scaling, learning how to manage an organization that is constantly getting bigger becomes the biggest challenge.
However, when you look at the oldest companies in the world, these are all small operations in industries that have hardly changed much throughout the lifetime of those companies.
Build to Last
Two of the oldest companies in the world are a:
- Japanese Ryokan
- German Brewery
When founders start new companies, most of the time their vision is to disrupt an industry.
But what if the objective would be to create something that was built to last? If you want to build an impenetrable fortress, you don't want it to be ever-expanding, would you?
So, here's a question: What if you were asked to build a company and there would only be one constraint: The total size of the organization would not be allowed to exceed 8 people.
What would you build?