Which Biz Model is the best for career growth? B2B vs B2C?
I am contemplating how to utilize my background (IB / Consulting) to rank potential job opportunities based on their business model and the ability to grow my career. These roles are all variations of a "manager of strategic finance" position at mid-/late-stage startups handling FP&A, strategy, corporate development, and/or investor relations.
The way I see it, a B2B model, particularly in software, likely has the highest near-term equity comp potential and buzz but I feel as if they are entirely reliant on product and consequently, product- / engineering-related individuals to drive the business. My background is non-technical and by that nature, I think a B2C organization would be the most empowering platform to allow me to drive company-wide business decisions from within a "finance" org. For example, consider UiPath vs Peloton, finance at the former would be entirely relinquished to a support function whereas, for the latter, they could drive key supply chain considerations, pricing, and unit economics + expansion decisions.
Am I thinking about this correctly? What else am I not considering?
RedKingg, sorry about the lack of response. Maybe one of these topics will help:
More suggestions...
You're welcome.
Your example isn’t really illustrative of B2C v B2B so much as it’s illustrative of software v hardware, or a less complex model v a more complex one.
B2C businesses can grow much faster than B2B ones, but (example above nonwithstanding) can also be much simpler from a model / ops perspective… you often have just a couple price points, there’s no sales org to think about, etc. B2B you’ll have to be a bit more thoughtful around things like quota attainment, customer retention, etc.
A marketplace may be the best of both worlds… it has the growth potential of a consumer business but much more complexity since your customer base is 2 or 3 sided and you’ll need to be mindful of economics for all of them (and how they impact each other!)
at the end of the day, the most predictive indicator of how central your role will be isn’t the above though… it’s how mature the org is and whether they look at finance as a cost center v a strategic function
Eos accusamus ut doloribus non alias. Autem sit dolorem exercitationem sint quas laborum. Corrupti occaecati voluptas qui unde. Ullam aut aut labore odio porro suscipit et velit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...