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Working 40 hours a week is not a 'lifestyle business'. It's a limit imposed by law in a lot of the civilised world and exceptions to it are rare in every compan
by basisword 4y ago
Working 40 hours a week is not a 'lifestyle business'. It's a limit imposed by law in a lot of the civilised world and exceptions to it are rare in every company I've ever worked at (inc. successful/exited startups). You don't have employees working more than 40 hours a week because you're working on a super hard problem and changing the world. You do it because you've convinced them of that bullshit and you want to minimise staff costs.
- martindbp 4y agoLook, I live in one of those "civilized" countries (continent really), and while I enjoy and need the work life balance, there may also be a reason Tesla, SpaceX and the FAANGs were founded in the US and not here. There are many other reasons too, but I recommend reading "Liftoff" about the early years of SpaceX to get a sense of what's needed here. Neither SpaceX nor Tesla would exist without the crazy work ethic of its leaders and employees. Tesla, despite being valued at ~$1 trillion is also far from a mature company and has the vast majority of its growth ahead. It's not a place for work life balance yet, maybe in 20 years but not now. If you don't believe in Tesla's mission, that's ok, you don't have to work there. But plenty of people do, and so far they have been richly rewarded with their stock options 20X-ing over the past few years, making many of them millionaires.