I guess it is subjective. My company shouldn’t exist, much less thrive for two decades. As it stands now, we are already fully booked three years out and mostly booked five years out. If long term, stable, ever increasing income is less attractive than fast short lives cash, then I am a poor example.
Also, I never said I was poor or that I am not doing well for myself. I just said that my employees make a lot more than me.
Oh, I didn’t take offense, but what you wrote is also a very common attitude (which I assume is why you wrote it). If I had been playing with other people’s money rather than my own, and if I hadn’t bet my career on the crazy venture, I might have been more cavalier with how I did things. More, short term keep the investors happy. I guess those are the two big culprits. Unsustainable tactics and a lack of consequences for those making the decisions.
Yeah. I took a different approach and now my firm is the best in what we do (very niche, so it isn’t as big a brag as it sounds). The “people are cost centers” companies hire us to save their projects and a good chunk of our current clients were brought to us by ex-employees.
The problem, in my opinion, is that the demand for quality is shrinking while the demand for cheap is increasing. Three of our current projects is literally us cleaning up after cheap “sweatshops”.
If you are small or starting out, you cannot compete with the big guys on price, but you can kill them on quality. If what you do is critical enough, they will always come crawling.
If you want you company to succeed, you must invest in it. More often than not, the best capital investment is human capital. Invest in your people.
Huh, but I see here that investing in your people hasn’t driven your revenue up YoY, disinvest. /s
And that kids, is why publicly traded companies are the devil
I guess it is subjective. My company shouldn’t exist, much less thrive for two decades. As it stands now, we are already fully booked three years out and mostly booked five years out. If long term, stable, ever increasing income is less attractive than fast short lives cash, then I am a poor example.
Also, I never said I was poor or that I am not doing well for myself. I just said that my employees make a lot more than me.
Please, it has nothing to do with what you were saying, I wasn’t attacking you or anything, I added a /s
It can work of the sharks aren’t running it.
Oh, I didn’t take offense, but what you wrote is also a very common attitude (which I assume is why you wrote it). If I had been playing with other people’s money rather than my own, and if I hadn’t bet my career on the crazy venture, I might have been more cavalier with how I did things. More, short term keep the investors happy. I guess those are the two big culprits. Unsustainable tactics and a lack of consequences for those making the decisions.
I’m rambling. Sorry.
Every company I’ve worked at views people as strictly a cost center.
Yeah. I took a different approach and now my firm is the best in what we do (very niche, so it isn’t as big a brag as it sounds). The “people are cost centers” companies hire us to save their projects and a good chunk of our current clients were brought to us by ex-employees.
The problem, in my opinion, is that the demand for quality is shrinking while the demand for cheap is increasing. Three of our current projects is literally us cleaning up after cheap “sweatshops”.
If you are small or starting out, you cannot compete with the big guys on price, but you can kill them on quality. If what you do is critical enough, they will always come crawling.