Matt Paulson built MarketBeat while writing six books, running a golf media company, and serving on nonprofit boards. He says focusing only on MarketBeat could have hit $100 million revenue faster, but his side projects gave him fulfillment he wouldn't trade away now that his team can handle the work.
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So when we're thinking about MarketBeat alongside all the other things that you're involved in and that you make investments in, if you just focused on MarketBeat, no other investments, do you feel like you'd be more successful?
I think yes. I've gotten distracted often over the years. Like, I wrote 6 business books. I've got involved with some other businesses that are not easy to get out of. I had a business in the— there was a golf media company I was involved with. There was a SaaS company that helped animal shelters raise money. I think I could have got where I am today a lot faster had I not gone on all those side quests and focused on MarketBeat. Today I've got a great team, so I can be distracted a little bit, but I definitely get too distracted, not with other businesses as much these days, but more community stuff, different boards and nonprofits that I'm involved with. And that's just kind of a decision I've made. Like, yes, Mark, we would probably get to $100 million in revenue faster if I wasn't doing as many of these things. But at some point, how much money do you need in life? And I really do want to do some of those kind of give back, volunteer kind of things.