Good to finally see some more replies ![[Image: biggrin.gif]](https://rooshvforum.network/images/smilies/biggrin.gif)
Even if the idea ultimately won't work for some reason, the thought experiment is useful and could shed light on something else that would work.
Could you detail a bit what kind of communication flows are involved? Also is scheduling VOIP calls / video calls / teleconferences not enough, and if so why?
Naturally the business is the most important part, but I disagree that it's as simple as "the business is the starting point". After all, all men go into business because they think it will better meet their personal needs than the alternatives. Themselves and their desires are the starting point.
Also businesses are successful based on having higher revenue than costs: and if you are self-outsourcing yourself and your team, you can happily lower your salaries due to cost of living differences, and therefore business costs, which increases the competitiveness or profit margin and therefore viability no matter what the business type is.
Actually it would be a standard skill mix, the only requirement is that any given partner's work could be telecommuted.
Also there is no reason the business needs to be made afresh. An existing small business, so long as all the work could be effectively telecommuted, would actually be the best candidate. You then already have an active business, which you simply start to pull geographically elsewhere as much as you can.
On the question of the CEO, these are their typical core duties:
1. Receiving reports
2. Planning
3. Decisions
4. Commands / delegation
I see little reason this can't all be done online, and mostly through emails or calls or team management software. In cases where only a meeting will suffice (he needs rapid back-and-forth interaction with team members in order to plan or reach a decision or ask questions about a report etc), services like this can be used: https://www.gotomeeting.com/
So the CEO doesn't need to remain a local partner, he just has to be very reliably able to be reached, i.e. having good internet connection with good redundancy protections. It's common for the CEO to assign the role of chief representative of the company, i.e. in meetings with clients, banks, etc, to a President anyway, so he would just make one of the temporary local partners President each time.
![[Image: biggrin.gif]](https://rooshvforum.network/images/smilies/biggrin.gif)
Even if the idea ultimately won't work for some reason, the thought experiment is useful and could shed light on something else that would work.
Quote: (03-16-2017 01:47 PM)rafaeld Wrote:
1. You have to either work harder or be a lot better than average to compensate for the lack of facetime. Most people spend most of the day in the office doing nothing. This is a lot more obvious when you aren't there, so you have to outproduce everyone else on your team.
2. The isolation becomes insufferable. For my industry (software development) it can become impossible do your best work when you are communicating over IM or email all the time, you need facetime with your client/team.
3. You miss out on networking/career opportunities big time.
Could you detail a bit what kind of communication flows are involved? Also is scheduling VOIP calls / video calls / teleconferences not enough, and if so why?
Quote: (03-16-2017 03:46 PM)worldwidetraveler Wrote:
Phoenix, what you are talking about is a corporate structure, not a business. There isn't much to comment on it because it isn't a business.
The business should dictate the structure, not the other way around.
Naturally the business is the most important part, but I disagree that it's as simple as "the business is the starting point". After all, all men go into business because they think it will better meet their personal needs than the alternatives. Themselves and their desires are the starting point.
Also businesses are successful based on having higher revenue than costs: and if you are self-outsourcing yourself and your team, you can happily lower your salaries due to cost of living differences, and therefore business costs, which increases the competitiveness or profit margin and therefore viability no matter what the business type is.
Quote: (03-16-2017 03:46 PM)worldwidetraveler Wrote:
Good partnerships are people that bring differing skillsets to the table. I am assuming what you laid out would be people with the same skillset rolling in every 3 months to work.
Basically 4 different managers working 3 month shifts.
That is all fine and dandy when the business is up and running profitably. You have a lot of work before you get to that point. Having 4 people with the same skillsets won't help you get to that point.
You would be better off building up a business and hiring a CEO or manager to take care of the day to day activities. That still means a lot of dedication on your part to get it up and running before you hand it over.
Don't kid yourself, even with 4 other partners you won't be working offsite for most of the year starting out. That may happen once you get it profitable and worked out all the logistics but that will probably be many, many years away before you can start living overseas.
Actually it would be a standard skill mix, the only requirement is that any given partner's work could be telecommuted.
Also there is no reason the business needs to be made afresh. An existing small business, so long as all the work could be effectively telecommuted, would actually be the best candidate. You then already have an active business, which you simply start to pull geographically elsewhere as much as you can.
On the question of the CEO, these are their typical core duties:
1. Receiving reports
2. Planning
3. Decisions
4. Commands / delegation
I see little reason this can't all be done online, and mostly through emails or calls or team management software. In cases where only a meeting will suffice (he needs rapid back-and-forth interaction with team members in order to plan or reach a decision or ask questions about a report etc), services like this can be used: https://www.gotomeeting.com/
So the CEO doesn't need to remain a local partner, he just has to be very reliably able to be reached, i.e. having good internet connection with good redundancy protections. It's common for the CEO to assign the role of chief representative of the company, i.e. in meetings with clients, banks, etc, to a President anyway, so he would just make one of the temporary local partners President each time.