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I will clarify. Businesses are a tool for impact. We get to choose where that impact is directed. For me, if it& #39;s directed solely at making some founders rich, we& #39;re missing out on some major opportunities. https://twitter.com/natalienagele/status/1308471312592109570">https://twitter.com/nataliena...
I understand the desire to swing the pendulum in the opposite direction, away from VC-backed firms that over-hire and don& #39;t make money. Effectively taking big gambles to make the VCs rich. But revenue per employee often implies the same "make a few folks rich" mentality.
The end goal should not be to optimize the shit out of our teams. We should be optimizing our impact instead.
I think it was @amix3k who once said that maybe Salesforce is a better business because it provides thousands of people with great jobs and awesome benefits.Versus a smaller, highly profitable, bootstrapped company that maximizes profits that go into the founders savings account.
We have 4 constituents in a business: Founders, Employees, Customers and Community. Every decision should be evaluated on how it impact EACH of these constituents. And, in a perfect world, we try to balance the impact.
Founders should be rewarded, and I love when they make money (see pinned tweet). But we don& #39;t have to stop there. These amazing, bootstrapped companies you& #39;re building. These People-First businesses, they have the ability to have impact on more lives.
Hire more people. Lower your revenue per employee, increase your impact. Every new person adds a ripple effect. You& #39;re impacting them, their families, their communities. You have the capacity to make real change, and not just pad your savings account.
