Powerful Lessons from a 25-Year-Old Startup
Mike Marcellus
The Strategic Networker ??| CEO & Founder of Tipclub ?? | A Category Creator | Connected 100K Professionals | I help people build strategic networks and simple systems
Plan for the best, prepare for the worst, embrace learning, and enjoy the adventures of everything in-between. Love the dirt!
In the Spring of 1999, I bought the domain name tipclub.com for $75 from Network Solutions for the purpose on building the world’s first business networking website.
Five years before LinkedIn even launched.
I didn’t build the online business networking empire I planned, obviously LinkedIn beat me to it.
I didn’t break the billion dollar mark in sales.
I didn’t surpass a million users.
But I do have a story to tell that I will someday share with my grandchildren.
A journey of a lifetime.
After all, how many people have a 25-year old startup?
“You’re no startup!” a friend recently quipped to me.
“You’ve been in business too long!”
Good point. People don’t equate a business operating for twenty-five years (20 years incorporated) as a startup.
But coming out of Covid, my business had been revived, reengineered, and reenergized.
A company with a new vision, new products, new people, and new business model was created.
So, I feel I’m back in startup mode.
And after all, what really is a startup?
According to mainstream sources:
1.) A startup is a business at the initial stages of its life cycle. (Britannica)
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2.) A company undertaken by an entrepreneur to seek, develop, and validate a scalable business model is a startup. (Wikipedia)
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3.) Startups are businesses that want to disrupt industries and change the world—and do it all at scale. (Forbes)
? Check
As I see it, I have a 25-year old startup.
And I’m more excited than ever.
Back in the Dirt
“You've gotta love the dirt”
This was the response that Gary Vaynerchuk, a world-famous entrepreneur, gave when asked how successful entrepreneurs built their initial business and outlasted others.
It starts in the dirt. Doing the things that don't scale, talking with clients, spending time in the details, making mistakes, and learning fast.
I’m back in the dirt. And loving it!
The Lessons Learned
By working on a business model for 25-years, I can share the most important lessons I’ve learned:
I now think about my business in terms of years instead of days.
Success is all about playing the long game.
No shortcuts. No get-rich-quick schemes.
Are you ready for the long game?
It’s worth it.
Want to learn more?
Follow me on LinkedIn: https://www.dhirubhai.net/in/mike-marcellus/
virtual SDR of LinkDoctor LLC and Content Marekting.io
8 个月From my journey through the ups and downs of a successful startup, I've learned some invaluable lessons that go way beyond just having a smart idea. Building a team isn't just about gathering talented people; it's about creating a space where innovation and clear communication are at the heart of everything we do. Personally, staying open to constant learning and genuinely listening to what our customers tell us has shaped our product in ways I never expected. Navigating the financial side, from budgeting to fundraising, has been a real eye-opener, teaching me the importance of every dollar and the power of strategic investment. And let's not underestimate the power of a strong network and meaningful partnerships; they've been game-changers for us, opening doors I didn't even know existed. All of this, combined with a deep belief in our mission and finding joy in the day-to-day grind, has been my formula for moving forward with purpose and passion