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It seems like there’s an even better solution, not mentioned here, which is: if you are masterminding growth but you are having to frequently fight for your lif
by julianeon 6y ago
It seems like there’s an even better solution, not mentioned here, which is: if you are masterminding growth but you are having to frequently fight for your life, rather than getting better at fighting for your life, become a founder. You already know how to achieve revenue growth. Now no one can push you out.
I mean that’s basically the deal with founders: all the time people who are inexperienced get thrust into a leadership position, and the company sinks, or they rise to the occasion. And if they’ve bootstrapped without VC equity, then the only way they’re leaving is if the company goes bankrupt.
I’d rather do the hard thing one time than the slightly less hard thing multiple times, without having to explain away multiple firings - the cost of the situation in the article, which no one wants to pay.
- catsarebetter 6y agoGreat points, but not everyone wants to be a founder. Some people join high growth startups to move up quickly in corporate so they can hit executive level positions faster in their career. In this case, they probably still value job security and are significantly more risk averse than someone who would jump straight into being a founder.