3 ms·
100% right on focus, but this part is grating: "But as you know, a few key people in any business have disproportionate impact on the company’s ultimate succes
by jrkelly 14y ago
100% right on focus, but this part is grating:
"But as you know, a few key people in any business have disproportionate impact on the company’s ultimate success. And nobody is more important in this regard than senior management."
You see recommendations for this management style throughout Mark's blog posts. IMO, he is advocating a style that is more centralized than is effective in the uncertain environment of a startup. Strong central control works great when you are executing on a clear business model. Prior to that, you want empowered employees who have a shared view of the current business model hypothesis and are confident enough to question it.
- xanados 14y agoKeep in mind that his advice is targeted at companies at the stage in which he is most active, those seeking or having completed Series A/B venture capital financings. By the time a company has reached this stage it has much more centralized control than a pure pre-seed or angel startup.