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Hari kiran

Insight guru • 6d

GIVE AWAY ALERT!!!! - A BOOK OF MY CHOICE FOR 1 WINNER WHO GIVES AN APPROPRIATE ANSWER (I would be the judge and jury for all the answers) TO MY QUESTION. QUESTION:: You are the founder of a small bootstrapped company who provide tech services to va

lohith pasunuri

Try it!!! • 4d

you already have 100 million so, you are not in danger. tell the reality with your employees, and offer them equity then they work like the company is their own and train them in ai and make them learn how to use it, offer quality service for the customers , stop unnecessary spendings , they are offering low cost but you don't fight with them about pricing fight for quality of service.

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Hari kiran

Insight guru • 4d

lohith pasunuri Loved that, you are ready to deal with your employees in a positive way to upgrade their skills and use it for the company itself. However, equity distribution isn't the only way always. There are ways to make the employees stay in the company. Long term contracts, giving an idea of road ahead with the company, performance based incentives and there's are more to consider. *Regarding jumping or not jumping into the price war is always a turmoil for the founders. The catch is to make a decision whether to pay the volume game or the margin game. There's no good or bad move but the move should be decisive and ready to pivot if needed. Adhering to one decision -> giving it time ->regularly checking is impact -> making further decisions whether to continue or not in the same way. This approach makes it more effective rather than sticking to one and reluctant to pivot whatever the consequences.

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