Any business that has an investor, will naturally become profit-first because that is the only role of the investor - to grow their investment returns.

Profit-first naturally leads to a hierarchy - on top, the bosses & investors who seek the profit, below them, the entire ecosystem of customers, employees, & vendors from which that said profit will be derived.

Profit-first is short-sighted and self-consuming - as it needs to extract more from that ecosystem, quarter after quarter, threatening the very ecosystem that the business was built on, like a slow axe to your own foot.

They don’t teach you that in business school.