With Fried’s singular obsession over profit he has a similarly myopic definition of the word “success”. Success, to Fried, is revenue now, profit now, and businesses that do not meet those criteria are not simply “unsuccessful”, they’re worthy of mockery and derision.
I think it’s the difference in owning a company that you can control versus owning a company that is out of control and the only way off is to jump off before it crashes or hope that someone with deeper pockets can come along and drive it for you. There are other options out there but for a self–starter the idea that you can start something that you are passionate about and wouldn’t mind spending your life tending to is a healthy option.
