3 ms·
After your recent experience, do you still want to run a company? While there can be a difference in growth prospects between a product company and a consultan
by brudgers 4y ago
After your recent experience, do you still want to run a company?
While there can be a difference in growth prospects between a product company and a consultancy -- because a product company can have economies of scale and a consultancy can only scale linearly -- both are directly dependent on the hustle of sales closings (and only indirectly on actually providing value to customers or clients).
To be fair to yourself, there was the pandemic and it changed the business landscape.
- robingarnham 4y agoYeah, I love growing a team and building a product I love. I feel energised doing it. I just haven’t managed to make it a profitable exercise yet (in contrast to what I was able to do consulting wise - which was a great business I didn’t want to run!)
- brudgers 4y agoRunning a company is pretty much the same for a consultancy as for a product company. It is sales and cash flow management and administration. If you don’t love those things, then you don’t love running a company. To use a sports analogy, the manager or head coach isn’t the team captain. The captain gets on the field to play. The manager has to love sitting in the office dealing with headaches.