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Exactly. I'm looking at this as a massive experiment and will wait to see the results. On one note, there's a reason that some roles are paid $40k instead of $
by caseysoftware 11y ago
Exactly. I'm looking at this as a massive experiment and will wait to see the results.
On one note, there's a reason that some roles are paid $40k instead of $70k and it has nothing to do with the value of the person. It's that the role doesn't create enough value - sales, retention, growth - to make that make sense. It's feasible to make an employee a few percent more effective but nearly 2x? I'd love to see that.
On the other side, I'd love to know why the the sudden influx of cash. Was it just to get rid of his assets? (a divorce?) Or did the company need the cash? If they needed it and business was good, why not outside investors? If they needed it and business is poor, then he's just doomed his whole cause because of the "see, I told you so!"
Regardless, I'm looking forward to seeing what this looks like longer term.