“Media companies are in cool right now.
But back when I started the Hustle in 2015, people laughed at me for doing a newsletter.
There was popular media CEO and VC who is a good guy of course who I really admired (and still admire today).
But one time I met with him, and he told me a newsletter would never make more than $2 million a year.
The year we sold, we did $12 million the previous year in revenue and I think could have gotten to ~18m that year, and we definitely had a path to get to $100 million in revenue eventually.
I'm just calling out this one guy, but there were tons of people who told me that, and it made sense at the time.
When things were going poorly, I felt they were right!
If you’re building a business, you have to be able to take advice from people more successful than you.
But trust your gut because they aren’t always right.”
— Sam Parr