This idea caught my attention:
Maybe because I’m a full-time newsletter writer and don’t work for a company anymore, but I can’t shake the idea that careers will become a lot more fluid in the years to come.
Pre-COVID, showing up to the same office every day made it hard to work for a second employer. But when another job is just a Slack workspace away, it becomes much easier to work multiple part-time jobs.
This flexibility will significantly increase the opportunity cost of choosing an exclusive employer. Every decision to spend four years vesting at one company will mean shutting off hundreds of other opportunities.
Investors would never choose to invest in just one company; the risk is too concentrated. Instead, they build portfolios. Over time, workers will invest their time in a similar way.
Currently, liquid employment is largely impractical for workers and employers alike. But the same thing could have been said about remote work at one point. Spreading risk over a few companies makes sense for employees. That means that the companies that want an edge to hire the best people for a given role will eventually adopt it.
The big idea: Creating a portfolio of concurrent career bets instead of locking in a path with a single company.
Let this sink in.
That’s a pretty wild idea.
Liquid Super Teams
In the context of liquid employment Packy talks about liquid super teams:
The Cooperation Economy will be marked by the growing prominence of Liquid Super Teams, collections of individuals, each with their own strengths, powers, and network, who combine forces to achieve goals.
Earlier this year, my friends Mo
, and I had a discussion along similar lines.