WSJ recently interviewed the former CEO & CTO of GovWorks from the Startup.com movie. There’s a great quote from Tom Herman (CTO):
I think success for entrepreneurs really comes from walks and singles. And that’s what I aim for, and that’s what I encourage people I work with and to aim for—getting on base, occasionally you’ll see doubles. But it’s not about the triples and home runs, and no one gets grand slams. Yeah, there have been one or two in the past few years. But 10x isn’t realistic. And it’s not necessary to be a successful entrepreneur and to pay your mortgage.
I like it. In other words, avoid the churn that usually nickel-and-dimes you to death. Slowly and methodically build a successful company. Be the tortoise, not the hare.