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I think cost is going to be a problem. If you want a team of good people, it will cost $100,000+ per individual. That's before benefits. With benefits, it will
by misterAxiom 9y ago
I think cost is going to be a problem. If you want a team of good people, it will cost $100,000+ per individual. That's before benefits. With benefits, it will be well over $200,000 per person. For a team of five people, this will run you over one million dollars per year.
Now, if you have a lucrative opportunity, and you hire this team, then either the team will figure out they can take the opportunity without you, or the opportunity is only worth slightly more than $1 million per year, so it isn't worth their time to cut you loose (since you, in effect, will be getting a "finder's fee" for finding the opportunity for the team).
- Terretta 9y agoSome problems the team could not tackle on their own. The opportunity may be the value of the problem space the company brings to the table. For instance, if your team is interested in fixing global banking, you might want to get hired together at a global bank where you can own the problem and outcome. I’m in the market for hiring teams.