Word of the Week: Ramen Profitable
Ramen is objectively delicious, even the packaged kind when you just add boiling water. It’s not recommended as a long term way of life, but it can sustain you through some pretty hard times and it means that you aren’t starving
Being ramen profitable as a startup is slightly more contentious. A ramen profitable startup is a company making just enough to pay for basic living expenses. For some, that isn’t as objectively good as steaming hot bowl of steaming salty soup and noodles.
Whether you like ramen or not, a startup that reaches ramen profitability is more likely to succeed. So we can all agree that, at least, it smells good. A ramen profitable startup is close to scalability. Paul Graham of Y combinator believes that if you’re ramen profitable, you have people that pay for what you make, you listen and care about what users need, and you spend the right amount of money on the right things. It also makes investors take you more seriously, and you look a whole lot more attractive to them too.
Last but not least, ramen profitability buys you the most precious asset in the 21st century: time.
So if you’re still ramen profitable, especially in current circumstances, just remember to keep going, so that one day you might be fancy sushi profitable and planning a smooth exit.