Lori HarderFounder of glōci | Bestselling Author

What Should New Businesses Focus On?

30 Sept 2026 · 1 min

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In this excerpt from Lori Harder's YouTube video, the speaker reflects on how the startup funding landscape has evolved over the past few years. While previously investors prioritized rapid growth and were less concerned with profitability, the current environment values profit as a key metric. The speaker credits supportive investors but notes that, had they known this shift earlier, they might have avoided raising external capital. The core advice offered to new entrepreneurs is to focus on achieving profitability early, as it provides financial power and control over the business.

Chapters

If I had known what I know today, I don't think we would've ever needed to raise money. I have no regrets. We have incredible investors, just incredible. They're so supportive, so kind, so helpful. But I think a lot has changed in the landscape, right? Definitely. Because when we raised money, it was a different time. And it's funny because it was only 3 years ago, but it was a different time. It was totally different. Profitability was not seen as an important metric. It was growth at all costs. Exactly, exactly. So that has shifted. Being profitable gives you a lot of power. And so what I would encourage people to do if they're starting a business right now is never let that slip because you hold power when you have money.