Founders often speak about their start ups as having a destination–acquisition, IPO, independent company, whatever. I tell them there is no such thing as a destination for a company, only a journey. Few companies have an actual end to a journey–they can morph into something else, continue as a subsidiary or move ahead under new management. It's most important for a founder to focus on a journey as that is the exciting part of their trip.

A destination is like the dog catching the rabbit on a race track, kind of a downer, and results in a 'no race' ruling. The journey is the where the action is, where you get a chance to shape the future and to be part of creating something no one else has ever done.

So focus on the journey, entrepreneurs and enjoy the ride, because the destination can often be disappointing, unless all you care about in money…

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