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Interesting perspective. Through the author's lens, I would have to agree — if growth is the chief measure of a company's health and the main driver of decisio
by jmbwell 3y ago
Interesting perspective.
Through the author's lens, I would have to agree — if growth is the chief measure of a company's health and the main driver of decision-making, and if you're there for stock options, then yes, it's time to leave when that growth stops.
A lack of "growth" might not signal time to leave for all companies, though.
Other questions to ask might be, is the customer the customer, or is the investor the customer? Are we working toward sustainable relationships with high-value clientele, or are we working toward a profitable exit strategy for the founders? Are we looking for ways to attract and retain good talent over the long term, or are we managing staffing levels according to quarterly goals?
Assuming you aren't an owner and the exit strategy doesn't mean a huge windfall payout for you, then jumping ship might always mean more money for a while, but eventually you will take your last job — the one from which you will retire.
That might look more like a company that spends less than it takes in, cultivates stable sources of revenue, and prioritizes investing in itself — rather than one that chases relentless "growth" and doesn't think twice about "pruning" non-owners for the sake of preserving margins for owners.
But I'm also not a gambler by nature, so I might not count as one who "gets it" in this context.