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
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.
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.