Reid Hoffman, the visionary behind LinkedIn, says he even expects employees at startups to constantly be working—with the exception of taking time out for dinner
I mean that’s fine for the guy or gal trying to start up their own business, which is what his talk was about, in the class he was addressing.
This should not apply to the workers though which is what way to many of business owners seem to forget once they start touring s profit and hiring people.
What they forget is that other people aren’t going to be as comitted to their business as they themselves are. They’re not going to care as much for the simple fact, that if the business takes off, they’re not going to earn any of the profits. Why would I work 50 hour weeks like the founder, if I don’t stand to actually reap the benefits?
not to mention a lot of US companies have “bonuses” to encourage you, but haven’t the foresight to think that an unmet bonus - usually out of the person’s hands, at least in my experience - is just a pay cut, and pay cuts are the worst thing you can do for morale and productivity.
I mean that’s fine for the guy or gal trying to start up their own business, which is what his talk was about, in the class he was addressing.
This should not apply to the workers though which is what way to many of business owners seem to forget once they start touring s profit and hiring people.
What they forget is that other people aren’t going to be as comitted to their business as they themselves are. They’re not going to care as much for the simple fact, that if the business takes off, they’re not going to earn any of the profits. Why would I work 50 hour weeks like the founder, if I don’t stand to actually reap the benefits?
not to mention a lot of US companies have “bonuses” to encourage you, but haven’t the foresight to think that an unmet bonus - usually out of the person’s hands, at least in my experience - is just a pay cut, and pay cuts are the worst thing you can do for morale and productivity.