3 ms·
Your job as the top executive isn’t to get labor, it is to run a company (which sometimes involves getting labor). In order to do that you must manage your expe
by cmcaleer 2y ago
Your job as the top executive isn’t to get labor, it is to run a company (which sometimes involves getting labor). In order to do that you must manage your expenses.
If you overspend on your salary such that you put the company in a position where the company is begging for 4 months of your salary as runway, you have failed at your job and you demonstrably were irresponsible, reckless in your spending and unable to make tough choices to ensure survival. In other words, you were not worth $285k.
- crazygringo 2y agoThat's not necessarily true at all. Sometimes organizations simply wind up in impossible positions. Funding dries up for macroeconomic reasons that you have no control over, demand patterns change, etc. There are plenty of failed orgs that would have failed even if they'd had true business geniuses leading them. You could just as easily assert that paying someone $285K got the expertise that kept the organization going for an extra 3 years than it would have otherwise, because someone with less expertise would have made a bunch of worse choices that it would have run out of money 3 years earlier. You seem to be demanding some kind of divine level of perfection here.
- cmcaleer 2y agoIf you don’t see paying yourself $285k in Nashville when your non-profits revenues are less than $2MM as anything other than totally reckless (at best), I have no idea what to say to you. She chose to pay herself that with full knowledge of the financial situation of her 17-year long non-profit.