   
 | From the Editor's Desk
How Do I Tell Someone Their Job Has Outgrown Them? - Chris Yeh
I often remind entrepreneurs that a company is not a family. This can be a hard fact to accept, especially since many startups seem like a family during the early days. Everyone knows each other, hangs out, and spends more time with co-workers than their actual biological families. And there are real benefits to feeling like a family in terms of dedication and cohesion.
But when the illusion of family is shattered--and make no mistake, it is an illusion, even for family-owned and operated firms--those benefits are replaced with a host of problems, including a sense of betrayal. That's why it's better to avoid creating the illusion to begin with.
I mention this fact because the illusion that your company is a family makes it especially challenging to tell someone that their job has outgrown them.
Continued here
Advertisers of the day
Wharton Business Analytics Team: Wharton's Business Analytics Program (Online)
EMERITUS on Behalf of Columbia Business School Exec Ed: Enroll for the two-month Value Investing (Online) program
Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. | | |
No comments:
Post a Comment