Articles

Monday, February 17, 2025

The Power of Playing the Long Game in Business

Share this article:

My little brother built an LED light company from scratch. Every visit, we’d talk business. Last time, I told him I was cutting our lowest pricing tier.

"Too much effort upfront, not enough payoff." I said.

"Bad move," he replied. "The payoff comes later. Small businesses don’t stay small forever. Play the long game—grow with them, and you’ll something stronger."

So we kept it. Because sometimes, patience is the best move.

The Power of Playing the Long Game in Business: Patience and playing the long game are key to seeing the bigger picture. My brother, Zhicheng Peng, is proof of that—he built his own LED light company, Shenzhen Chengjie Lighting Co., Ltd. (深圳市成杰照明有限公司).

My brother, Zhicheng Peng, runs an LED light company. Shenzhen Chengjie Lighting Co. Ltd.💡

Long Term Success

Business Growth

Customer Loyalty

AI Receipt Scanner

Receipt AI

Related Articles

Open laptop on a wooden table in a cozy café, displaying a webpage about managing receipts with AI and SMS for traveling teams. A coffee cup sits nearby, surrounded by plants and warm lighting.

3 Game-Changing Lessons to Build a Better Business

An accountant is working on reconciling expenses at a computer in a modern office setting, with the text 'Introducing One-Click Reconciliation with Receipt AI' displayed in a black banner. Other people are visible working in the background.

Introducing One-Click Reconciliation

The Growth and the Pain: Founders of Receipt-AI.com, Queenie Peng and Ian Heraty, at 41st Street Beach in Chicago. July 27, 2024.

The Growth and the Pain

Introducing One-Click Reconciliation with QuickBooks and Receipt-AI: This image shows a checking account reconciliation screen from QuickBooks. The checking account number is 132435465. It displays two balances:* Balance in QuickBooks: -$5,092.83 (negative balance) * Statement balance (as of October 10): $1,608.77. There is a button labeled Reconcile 29 items, indicating that 29 transactions need to be reconciled. Below this, there is a graphical representation of the account's balance trend over time. The blue section corresponds to dates before October 6, and the red section starts from October 6, signifying a transition or discrepancy in the account balance. The timeline spans from September 22 to October 13, showing small fluctuations in the balance over this period.

How to Reconcile in QuickBooks with One Click?

Receipt AI What is a Chart of Accounts: Person holding a tablet with a virtual bar chart and line graph, symbolizing the organization of financial categories in a chart of accounts.

What is a Chart of Accounts?

Start uploading Receipts using SMS.

Save 97% of your time with efficient receipt processing

Works with Xero and QuickBooks

Perfect for businesses, big and small

No extra app downloads. Works with tools you already have (Email and SMS)

Start texting receipts →

A working professional traveling at a client site smiles as he takes a photo of a receipt with his smartphone. He plans to upload the receipt using SMS and Receipt-AI, which is integrated with Xero or QuickBooks, while sitting in a cozy café environment. Indicating the ease of using the app.

We value simplicity.

Sign in / Sign up

What's new? Accounting Tips, Product News & Stories

2025 Receipt AI - Big Green Company Terms Privacy

Use Case

QuickBooks Receipt Scanner with Receipt-AI Your Top Choice Xero Receipt App Generate a Simple Expense Report with AI and SMS Receipt Management for Small Businesses Receipt-AI: The Best Receipt Organizer Track Receipts with PO numbers for Construction Projects

Articles

Blogs Our Stories Help and Support Accountants