A Mathematical Problem
On one of the days when I walking alone down the streets of Champs-Élysées. I was probably shopping for gifts for family and friends. Usually, when I am alone, a part of my mind will retreat into the dark recesses of the cortex and I'll be thinking. Thinking about what? Many, many things. I usually just let my thoughts wander. Sometimes, I'll think about politics; sometimes it'll be philosophy and other times, just about life.
On that day, the Paris sky was clear and blue and the air was slightly chilly. It was a good day for shopping and deep thoughts. An interesting mathematical question just came to my mind. All the numbers below are for illustrative purposes only.
About 10 years ago, I started with $20k savings as my initial start-up capital. During the third year, I almost lost everything. But I caught a break. A stock I bought many years ago, before I started my venture, at $1 which crashed to $0.10 went back up to about $0.90 again which I managed to sell to inject some much need life-blood back into my business. Today, my company has about $500k (hypothetical numbers).
In 10 years, I grew my business from $20k to $500k. That's a 25 times multiples.
Just a thought occurred to me then (some may call it an epiphany).
With $500k, in 10 years time, and based on 20 times multiples (a slightly less ambitious number), can I grow it to $10 million? :p
I wonder if this is a simple mathematical question of proportion and multiples. Well, let's see in 10 years time. I intend to prove the mathematical equation correct.
I guess this was what walking down the streets of Champs-Élysées did to me. *wink*
4 comments:
Hi cobaltpaladin, hope you remember me. I am very happy to read such success stories of Singaporean entrepreneurs in the software industry. You have done exceedingly well and I am elated for you and your family.
Keep up the good work. Your stories always inspire me and give me hope. I am going to start my company soon and after a year of ZERO income, I am starting to see clients and spending more time on the road. Thanks so much for your blog and sharing. :D
Wah, how come your blog machiam like Miss Loi's blog already? Got math question one. Hee hee
Eh, your business is worth more than $500k hor.
Hi Edward,
Happy to hear that you've made inroads in your venture! Perservere and all the best! :)
Miss Loi's blog so popular so must learn a trick or two from her playbook mah.
Eh, my business worth more than $500k? You hear from who one? No wonder the world economy in the current state... overblown numbers. :p
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