5 ms·

then you'll have no CEOs and lots of janitors

pmoriarty 9y ago
Can't say I'll miss 'em.
jazzyk 9y ago
You are kidding, right? If money is not a factor, I want to feel important, have people suck up to me, travel on corporate jet, etc. :-)
- crispyporkbites 9y ago
  You’d get bored of that after a week. If you’re not getting paid more you’ll resent having to work 24/7, with no real breaks and suffer watching your relationships and family crumble. You’ll have no hobbies, no real friends and be incredibly lonely. But you won’t even notice because all you care about is the business and your facade. The janitor goes home after their shift and is completely free. They get their 4 weeks vacation and max 40 hour working week and can do whatever they want in their spare time.
lkrubner 9y ago
The CEO job is the most fun job at any company. Everyone wants that job, and they would want it even if it didn’t pay any money at all. I personally would be happy to work for free as the CEO of a lot of these companies.
- lulmerchant 9y ago
  The CEO job is the most high pressure job in an organisation, and by definition comes with the greatest level of responsibility. Statistically speaking, you would likely be a terrible CEO, and hate doing it.
  - bryanlarsen 9y ago
    I remember reading a study saying that middle management had the most stressful jobs. The worst stress is caused when you have responsibility without power. CEO's have a lot of responsibility, but they also have a lot of power.
    - Erlangolem 9y ago
      I’d add that failing as a middle manager gets you fired with very little, while failing as a CEO gets you fired with a golden parachute. Failing as a CEO also seems to do little to harm your future prospects.
      - lulmerchant 9y ago
        You're really only talking about a minority of CEOs here. Most of the time, failing as a CEO will mean the end of your career.
        Erlangolem 9y ago
        That’s a fair point, I overstated things. I’d rephrase by adding “at a F500 company” after both “middle managers” and “CEO’s” in my original post.
        lulmerchant 9y ago
        Putting aside the matter of competency for a moment (which I think is being too oversimplified in this discussion), this kinda touches on a positive feature of a free market. Which is that large organisations are by nature less efficient than smaller ones. This gives rise to the possibility of disruption and innovation. The ability to innovate quickly is generally what gives startups over well financed established players. If it weren't for this, then we would see antiquated businesses declining, and innovative startups rising from their ashes.
    - lulmerchant 9y ago

Can't say I'll miss 'em.

You are kidding, right? If money is not a factor, I want to feel important, have people suck up to me, travel on corporate jet, etc. :-)

crispyporkbites 9y ago
You’d get bored of that after a week. If you’re not getting paid more you’ll resent having to work 24/7, with no real breaks and suffer watching your relationships and family crumble. You’ll have no hobbies, no real friends and be incredibly lonely. But you won’t even notice because all you care about is the business and your facade. The janitor goes home after their shift and is completely free. They get their 4 weeks vacation and max 40 hour working week and can do whatever they want in their spare time.

lkrubner 9y ago

The CEO job is the most fun job at any company. Everyone wants that job, and they would want it even if it didn’t pay any money at all. I personally would be happy to work for free as the CEO of a lot of these companies.

lulmerchant 9y ago
The CEO job is the most high pressure job in an organisation, and by definition comes with the greatest level of responsibility. Statistically speaking, you would likely be a terrible CEO, and hate doing it.
- bryanlarsen 9y ago
  I remember reading a study saying that middle management had the most stressful jobs. The worst stress is caused when you have responsibility without power. CEO's have a lot of responsibility, but they also have a lot of power.
  - Erlangolem 9y ago
    I’d add that failing as a middle manager gets you fired with very little, while failing as a CEO gets you fired with a golden parachute. Failing as a CEO also seems to do little to harm your future prospects.
    - lulmerchant 9y ago
      You're really only talking about a minority of CEOs here. Most of the time, failing as a CEO will mean the end of your career.
      - Erlangolem 9y ago
        That’s a fair point, I overstated things. I’d rephrase by adding “at a F500 company” after both “middle managers” and “CEO’s” in my original post.
        lulmerchant 9y ago
        Putting aside the matter of competency for a moment (which I think is being too oversimplified in this discussion), this kinda touches on a positive feature of a free market. Which is that large organisations are by nature less efficient than smaller ones. This gives rise to the possibility of disruption and innovation. The ability to innovate quickly is generally what gives startups over well financed established players. If it weren't for this, then we would see antiquated businesses declining, and innovative startups rising from their ashes.
  - lulmerchant 9y ago