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>You call a person who brought work and salaries to 20 people for the whole year a cancer? The entrepreneur did that. Entrepreneurs create jobs. Managers just
by logicchains 3y ago
>You call a person who brought work and salaries to 20 people for the whole year a cancer?
The entrepreneur did that. Entrepreneurs create jobs. Managers just manage, and shuffle around value, they don't create it like entrepreneurs do.
- throwoutway 3y agoI've worked with plenty of managers who are entrepreneurial within large companies. Every year we have to propose new ideas and then (when approved) go deliver on them. That's not "just manage, and shuffle around value" I have also worked with those "just manage" managers too. But one shoe does not fit all
- _heimdall 3y agoThere are some good managers out there. The problem is that the system of most large companies isn't designed for entrepreneurial or innovative managers, both the culture and incentive system means those managers are always swimming up stream and risk burnout and even being punished for making waves.
- nativeit 3y agoOr, more likely, the entrepreneur is (perhaps negligently) allowing their managers to spend investors’ money. Only the profoundly lucky entrepreneurs generate enough positive cash flow to cover the more likely losing investments and help pad out ~15% profit to make the VC funds worth maintaining. The idea that businesses are inherently efficient is hysterical.