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by grujicd 799 days ago
You could also fail completely if employed some people. Adding employees doesn’t necessarily equate with adding revenue, but 100% equates with adding cost. As a fellow solo business owner for 19 years (hi!) I’m sure you understand this, but few posters on this topic seem to to think that additional employee is a guaranteered profit. It’s especially dangerous when bad times come and you’re reluctant to lay off people.
1 comments

Absolutely. My main product is an event seating planner (PerfectTablePlan) and my sales basically went to zero during the pandemic. So glad I didn't have any staff to pay/fire.
One useful take away from the time I was bored enough to let MLM people attempt to pitch me: "the only thing worse than having a business with only one employee is having a business with more than one employee"