eries

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61.
by eries 4mo ago
Considering how many people love telling this story, both within and outside of Costco, I think it's more the former than the latter. One way you can tell is that the COO, who was cursed at in this story, later succeeded Sinegal as the
62.
by eries 4mo ago
I'd be very curious to hear what you think if you have a chance to read the book.
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by eries 4mo ago
That's true, and yet the evidence shows that some companies have been able to do it. I think there's something to be learned by studying those companies as a data set.
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by eries 4mo ago
What's interesting is that this is not a long-standing pillar of the American financial system but a relatively recent addition that was done without any democratic legitimacy whatsoever. I think it's pretty clear that if we go a
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by eries 4mo ago
There is a whole table of examples like the one you mentioned in the book. This has been going on a long time: companies being destroyed, all in the name of profit.
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by eries 4mo ago
I think if you read the book, you'll find the answers you seek. Either way, I hope you'll come back and tell me.
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by eries 4mo ago
I just like to ask one little question: Who chose the structure in the first place? It's kind of a chicken and egg situation.
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by eries 4mo ago
I don't know, man. There seem to be enough exceptions in the world to make me at least curious about whether this is really true. For what it's worth, the story of Google and "Don't Be Evil" is in the book.
69.
by eries 4mo ago
What you say is true, but there is more to it. Decay is not the only thing that can happen to a structure. It also can be actively destroyed from the outside. Rather than ask whether a structure is right or wrong, good or bad, we instead ne
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by eries 4mo ago
Your comment made me smile because the book hasn't had a one-star review yet. Maybe you'll get to be the first.
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by eries 4mo ago
Everything you say is true, but I might like to ask you this question: who chose those specific people at the leadership?
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by eries 4mo ago
This is kind of a big and deep question, more than I can get into with so many other questions pending, but let me see what I can offer. First of all, we are living through a golden age of entrepreneurship. Unfortunately, because times of t
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by eries 4mo ago
I didn't say they were good, only that they are exceptionally long-lived. Don't you want to know why?
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by eries 4mo ago
I definitely don't want to paint Costco as perfect. It wouldn't surprise me at all if their ethos is not especially attractive to people who want to work on the tech side of their business. I can easily imagine that at some point
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by eries 4mo ago
I tried to address this in The Lean Startup and also in the follow-up book The Startup Way. Cutting corners, making crap does not help you test your thesis. What's needed is not to ape the techniques and tactics that work in another in
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by eries 4mo ago
You're so welcome. Thank you for writing such a nice comment, especially in a situation like this when other people have been... less generous.
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by eries 4mo ago
Both Mondragon and King Arthur Flour are in the book. I'm not familiar with Equal Exchange, but now that you've mentioned it, I'm going to go learn more.
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by eries 4mo ago
One of the least read parts of The Lean Startup is the chapter on what I call engines of growth. This is my attempt to elucidate what I call the law of sustainable growth, meaning a situation where new customers come as a necessary side eff
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by eries 4mo ago
Thank you so much.
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by eries 4mo ago
You said it pretty well here. I'm not claiming that any company I profile is perfect, only (in this case) that they've had incredible longevity.
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by eries 4mo ago
Ain't that the truth? At the very end of the book, I call these companies "addicts creating more addicts." You might enjoy that part.
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by eries 4mo ago
Not great, Bob!
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by eries 4mo ago
If I was going to do a new edition, what would you want to see in it?
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by eries 4mo ago
I've thought about it over the years, but never pulled the trigger. This used to drive me crazy when I was younger. When an author who became "older and wiser" decided to make a new edition of the book in which they hedged al
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by eries 4mo ago
thank you!
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by eries 4mo ago
oh yes, they are the lead case study in Chapter 7
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by eries 4mo ago
Apple is not covered in the book (except via a few Steve Jobs anecdotes). I'm just not plugged in enough to their internal culture to be able to comment intelligently. Tell me what's different about this page vs what you've s
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by eries 4mo ago
thank you! and thanks for being an early adopter twice over. respect
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by eries 4mo ago
you walked right into it. but happy to answer questions about the details anytime
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by eries 4mo ago
I don't love entropy as the metaphor, because entropy is inevitable. And yet, some organizations seem to not experience it. These exceptions demonstrate that there must be some other variable involved.

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