I work in consultancy and have a dream of forming a small elite company of consultants, employee owned, just 10 or so people who are shit hot at their jobs.
I would plan for it to always be 10 people, deliberately no growth. Do the job well, take a good wage, have some parties.
It’s when companies look for massive growth and shareholder value that everything starts to go to shit.
In 2024, a crack team of management consultants was assembled to solve the toughest business challenges. These consultants promptly escaped from traditional firms to form their own elite unit. Today, still wanted by companies worldwide, they survive as consultants of fortune. If you have a problem, if no one else can help, and if you can find them, maybe you can hire… The C-Team.
[Cue dramatic music]
Hey, me too! Except I want growth. I want an army of consultants, all of whom own equal parts of the company. We could charge 3/4 of our competition and still make a ton of income while undercutting the larger, shareholder controlled firms. Someday…
Balance your workload with care. Once you have “enough” work, hopefully you have other firms you can refer unwanted work to. My small business is run by a guy who A) isn’t growing the business and B) says yes to every assignment. He’s burning out, I’m burning out, and one of our best people burned out and quit last month. It’s a nightmare.
I was thinking a kind of get-in-line attitude. We can get to you but not for 6 months, that’s just how it is.
Its definitely the dream!
10 is a lot of cats to herd though. Do you already have your fantasy football team ready? Do you think that they share your (lack of) ambition?
At the same time 10 is a small number if a couple go on parental/sick leave at the same time. Are you ready to ‘hold the baby’ and get no extra credit? Who will do the admin/HR/sales/marketing/taking-the-bins-out/whatever you don’t like doing?
10 people is enough that it would be very hard to run in a truly egalitarian way - its your idea, so would you be the ‘primus inter pares’? ;-)
Honestly, It could be great - so please see me poking holes as a way to make your plan stronger.
Not the person you responded to but I have a similar plan for a company. The one hole I have a solution for I believe should be adopted by all companies: if it’s a job that isn’t your core focus, outsource. Everything from bookkeeping to janitorial staff should be an outside company (with your same ethics). I dream of a world where everyone is self-employed or part of small co-ops, and not one single company expands vertically or horizontally. Pick one thing you’re good at and do that one thing well. Everything else, give that labor to someone else. I’m looking at you, Amazon.
I’m looking at you, Amazon.
You mean that you want to copy Amazon? Since this is exactly what they have done, outsourced delivery drivers; driven to pissing in bottles, outsourced sellers; selling items at a loss to imaginary bots to get positive reviews (amazon making its cut all the same).
I shouldn’t respond… but let me guess:
The one thing that you are good at isn’t unblocking toilets, is it? No, I’ll bet you are really good at something rewarding like solving difficult math problems, or ‘consulting’ or some other rewarding job. I’m sure that you were top of your class at school, but in the real world, if you didn’t turn up, the world would keep turning just fine.
I am saying this from no moral high ground at all (I am well rewarded for what is termed a ‘bullshit job’), just pointing out that what you are saying kind of assumes that the proles want to live in your utopia, do you still expect to have a better living than the person who shovels your shit when you block the toilet? Thought so.
[edit: sorry for being such a curmudgeon - I must be having a bad day. If I’ve offended - check your idealism. Please start your ideal business - the world needs idealists… as well as people with shovels]
Why are you down voting the guy?? They have ethics, a vision, and totally reasonable way of building a 10 people community that care for each other.
You know, capitalism may outlive all of us but it’s not forever. This wasn’t the way to do things before shareholder supremacy in the 80s.