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Vacation. A concept that sounds nice in theory, but is a total bitch for startups to pull off. Or is it?
For a startup founder, the logistics are terrifying. Who’s going to meet with those investors? Who’s going to start that COO search you planned a month ago? Who’s going to run your next evaluation? (Heaven KNOWS Jim can’t do it.) That generously crafted vacation policy that you dangled as an incentive to your early employees doesn’t apply to you, right?
According to a report from Project: Time Off, created to cast a new light on our country’s view of vacation days, we leave an astounding $224 billion in unused vacation time on balance sheets each year. The workaholic tendencies are even worse for startup founders, who have no “vaca...