4 ms·
The opposite is also often true. Especially in tech, where we build things computers do ever afterwards. If my team implements a feature that generates $5M per
by 6gvONxR4sf7o 5y ago
The opposite is also often true. Especially in tech, where we build things computers do ever afterwards. If my team implements a feature that generates $5M per year, and gets $500k that first year (10%), the expectation is that they don’t just sit back and maintain the feature ever after. They’re expected to maintain it while implementing the next $5M/year feature. By the end of year two, for the cost of $1M, they’ve given you $15M plus $10M/year going into the future. Of course it’s not that simple, because maintenance costs are crazy and nothing lasts forever, but the idea holds.
If you imagine the ongoing revenue to be worth 10x today, that 10% commission is just 1%.
- HeyZuess 5y ago> The opposite is also often true. I think it is very admirable for a company to pay profit sharing, and at the very least pay bonuses for good work. But that is because I am an employee :) I just don't think profit sharing is realistic in the majority of situations for many reasons, and people over value their own worth. There's like a bias, if I generate multiple of millions for a company, then I must be highly skilled. That may be the case but sometimes it is the business itself which provides the environmental factors for that to be possible.