this post was submitted on 25 Sep 2023
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something something no wrong moves and still lose
There's a reason that, were it ever to happen, I'd stop at SVP level and not jump to C level.
So that you can get paid less and still have to shoulder all the blame?
C levels don't have to take responsibility except when it makes them look good.
in my practical experience, thats not the case. it may be the case at $10B+ companies, but at <$99MM companies it's still much safer to draw a salary.
What a strange statement.
What about companies between $100m and $9.99b?
But ceos do pay themselves salaries.
This barely even makes sense and I really don't get what point you're trying to make.
I was just casually commenting that I don't want to be in charge of a company because I'd rather the risk be on someone else's shoulder, and then when it was implied CEOs take no risk I clarified that the type of immune to failure CEO you're talking about are different from the average business.