Birthdays & Business

June 7, 2007

why are birthdays better when you’re younger?
 
Kids often have elaborate birthday parties and celebrate birthday milestones than adults.  It’s because they’re getting older faster.  Relative to their age, kids get older faster than adults, and therefore they become more anticipated and celebrated.  A 10 year old you turns 11 gets 10% older.  A 50 year old has to turn 55 to get 10% older, hence the reason why we probably celebrate 5 year birthdays more regularly for the older folks.  

The same goes for the growth of a small business.  When you go from $1000 to $2000 per month, or $100k to $200k per year, there’s a celebration that ensues.  Unfortunately, even if you add $1M to revenue, from $5M to $6M, the percentage makes a celebration overstated compared to the good ol’ days.

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