PROFITABLE ON DAY ONE!

Summary from the TLDR Founders newsletter

A startup founder claiming their business is profitable may be ignoring important factors like paying themselves a fair wage and accounting for all costs. True profitability means the business could sustain itself even if the founder stepped away and hired others to do the work at market rates. While it's normal for startups to struggle with profitability initially, founders should focus on their strengths, challenges, and resources to build a truly profitable business over time.