I love it when my team takes time off to ensure they are well-adjusted, balanced humans.
No, never mind I actually hate it.
An honest confession from a founder who is bootstrapping. It’s just how I feel.
Every founder who is bootstrapping knows their cash position better than their 3rd child (love you, E!). When you pay someone to not work in the early stage of a company, you feel it.
Do I want my team to take time off? OF COURSE! But it’s tough to cover, both financially and logistically. I don’t know if I’d feel the same way with a full-time team of 20+. I can’t quite remember what it was like when I was building alongside a larger team that had found a to summit an insurmountable workload. I do know this, though. Right now, if I want to show a profit / get momma some new shoes / get a babysitter and enjoy a nice date night, I can’t hire anyone to pick up the slack.
What it looks like when people on my team take time off:
As an employee, a teammate taking PTO is an inconvenience. As a founder, it’s far more existential… pointing out the fragility of the business you’re trying to build. In the early stages threats lie everywhere.
The biggest threat to your model may be your best people taking a few weeks off. Here are a few valuable questions to ask yourself before you get too far down the path:
Embarrassingly, I didn’t think through those question as soon as I should have when I was starting Firm Studio. I hope you can think those answers sooner than I did and put yourself in a great early stage position.