Josh Brown and Ritholtz Wealth’s head of data analytics, Nick Maggiulli, discuss an important concept about growing businesses – there is an immutable law of nature about how big they become and how many employees they need to continue supporting them.
As both revenues and assets grow at the corporation, headcount will scale at a highly predictable and consistent rate, regardless of the kind of the business we’re talking about.
Nick finds evidence of this concept from the natural world in a must-read post called What Will Always Be True.
Josh sits down with Nick to discuss the idea and how it applies to all of us. Let us know what you think in the comments below! Read Nick’s post and see the charts here:
What Will Always Be True (Of Dollars And Data)
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