I have several times heard an analogy for startups that involves hunting versus farming. If you start with nothing, all you can do is hunt to get immediate food. And you may find some big animals. But they’ll mostly be small. Some days you won’t find anything.
Farming is more predictable but takes time to grow. Farming has potential to produce much more food too. Time to farm can distract from time to hunt, and vice versa. It becomes a balancing act.
All entrepreneurs need to be killer hunters. They have to land deals and sell. But big rewards of entrepreneurship for many actually come from farming. That’s the persistence I have written about before.
What are your thoughts on the analogy of farming versus hunting?