Co-founder @ Masai | Transforming Higher Education Through Outcome-Based Learning | Ed-tech Leader | Employability Skills Advocate
“Rich versus King”: The Core Concept https://lnkd.in/g6eV77xZ Be in Control, Be King: If you want to retain full control over your business (like a "king"), you can run it the way you like. However, this often means keeping the business small or self-funded, which limits its potential for scaling, wealth generation, and broader impact. You're the sole decision-maker, but growth might be slower. Get Rich, Have Big Impact: If your goal is to create wealth and a large-scale impact, you usually need external funding, partnerships, or a bigger team. To achieve this, you must often sacrifice some control, as investors or stakeholders may want a say in how the business operates. This allows for rapid scaling and wealth creation but diminishes your autonomy. The Challenge of Being a Rich King: Achieving both full control (being a "king") and wealth/impact (being "rich") is extremely difficult because the very process of scaling and generating wealth often requires giving up some control. It's rare to have both unless you're in an exceptional position, like owning a highly scalable business with no need for external resources (which is uncommon). Key Lesson for Entrepreneurs: Decide on your priorities early: Do you want control, or are you willing to trade some of it for wealth and scale? Most founders must make this trade-off, so aligning your goals with your values and vision is crucial. #entrepreneurship #newventurecreation
