Howdy 👋 I’m Maren Kate—an entrepreneur and value investor, living in Austin, Texas.
This is where I periodically share writing, research, and what I’m currently reading. Questions, comments, your favorite recipe for pimento cheese dip? Drop me a line.
@September 24, 2024’s thoughts
To build a “real” business, that will produce a return on investment (be it time, or money) you must have:
- A “Sustainable Economic Engine”: refers to a system or model that consistently generates sufficient revenue to cover its costs, maintain profitability, and support long-term growth without overly relying on external capital or unsustainable practices. It ensures financial stability through efficient operations, strategic investments, and resilience against economic fluctuations.
- For that engine to run optimally, leadership must set Clear, Aligned Goals, paired with a Compelling Vision.
- Lastly, you put the right people in the right seats* to run the Engine; these are individuals or teams who can execute against the goals and whose incentives are properly aligned with the economic rewards and the overall vision.
Last updated @September 24, 2024
If I were to wish for anything, I should not wish for wealth and power, but for the passionate sense of the potential, for the eye which, ever young and ardent, sees the possible. Pleasure disappoints, possibility never. And what wine is so sparkling, what so fragrant, what so intoxicating, as possibility! ~ Søren Kierkegaard