Hannah Hammond reflects on how increased income and resources introduce new problems: the temptation to frivolously spend or hire prematurely, and the risk of taking on large salaries and risks that can jeopardize what she has built. She describes balancing risk aversion, mitigation, and caution when scaling up.
Chapters
The more money I make, the more problems I have. There's a saying that says if money can solve a problem, then you don't have a problem. And while this may be true, when you start to have more resources, it becomes very easy to frivolously spend money. It becomes very easy to hire a person for this. Hire a person for this, or hire for hope, a role into something that you don't understand quite yourself, and you're hoping that this person is going to be the end all, be all for you, and everything's going to be okay. But when you start taking on bigger and bigger salaries, and you start taking on bigger and bigger risks, it can be very easy to lose everything that you've built. And so you're always treading this line. I find myself treading this line between risk aversion, risk mitigation, and caution. And to the frickin moon.