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Founder Mode

paulgraham.com

191–200 of 772 posts

Re: Founder Mode

#191
I'm not surprised this theme would be popular with founding CEOs but not really sure what the promised "Ground-breaking Management Mode you Won't Believe!" actually is. Is it take your favourite employees on a retreat, don't worry about the message this sends? Stop hiring mediocre middle managers and do... something else? Run a giant public company like a 20-person start-up, only don't? Delegate yet stay in control of everything?

Sharing how impactful the event/talk/whatever was, without the actual content, lots of name-dropping to build credibility, selective repackaging of conventional, well-known wisdom and a conclusion that fits nicely with exactly what SV executives want to hear == every Paul Graham post in the past 5+ years.

Re: Founder Mode

#192
post #116

Earlier quoted context omitted.

> actually hire the superstars to join your startup as the early employees/partners? You have to become a superstar first. I had the good luck of living down the street from the AirBedAndBreakfast founders in San Francisco in 2008 and we'd commute together to our Tuesday night YC dinners in Mountainview. I picked up early that Nate was already a superstar coder, Joe was a superstar designer, and Brian was a superstar…

Don’t think of people as superstars. Think of them as individuals that are able to pay attention and consistently meet expectations. I’m starting to think paying attention to what is happening is undervalued.

'individuals who consistently meet expectations' is not only not the same thing as 'superstars', it's nearly the opposite. doing the unexpected is a defining attribute of superstars. an individual who consistently meets expectations is incapable of simultaneously being a superstar. they must exceed them, and to an astounding degree, to qualify as a 'superstar' by any normal definition of the word

many superstars aren't even good at doing the expected when it would be a good idea, often because of drug addictions

this happens for two reasons. one is that if you're selecting people along two axes, the more harshly you select on one axis, the less candidates remain to select along the other, unless the axes are perfectly correlated. the other is that, whether you're a candidate selecting strategies or a judge selecting candidates, two axes along which you can select are mean and variance. in any event where you take the best of multiple trials, the top performers will almost always have high variance, not just a high mean

Re: Founder Mode

#193
post #186

Earlier quoted context omitted.

Was it conventional wisdom when he published an article suggesting that lisp knowledge would have prevented 9/11 hijackers from succeeding? It’s so conventional that he de-listed the article but keeps it published and available by URL

what's the url? usually pg thinks lisp knowledge makes people more likely to succeed, not less

https://paulgraham.com/hijack.html

> By promoting themselves from data to code, hijackers on September 11th promoted box-cutters into 400,000 lb. incendiary bombs

Published September 2001

Re: Founder Mode

#195
Walt Disney worked in founder mode. That was partly enabled by his brother running the purely “business” end that would have taken up much of his time. So Walt was able to get involved all the way down to the smallest details.

The downside is that when he died he left an organization that relied on that strong founder making things work.

Bob Iger is a delegator that handles the business, he doesn’t get deeply involved in the creative direction, he needs good creative leadership to report to him.

Re: Founder Mode

#196
A common western rebuke to countries that had communist revolutions were that the revolutionary leader stayed in power for decades until their death. Joseph Stalin. Mao Zedong. Fidel Castro's power passed to his brother five years before he died, so he does not fit the cookie cutter mode fully.

Another rebuke is how the communist party filled a religious or even feudal void to some extent - Lenin's tomb in Red Square being a perfect example. I can assure you that though the Politburo felt that was a needed measure, they did feel a bit silly and embarrassed about having to do it.

Why was all of this felt necessary within the Politburo? The answer is simple, in fact the answer is somewhat answered in this essay, if parallels are allowed for. Before the revolution, all revolutionaries were true believers who faced prison, exile and death fighting against impossible odds for years and decades. Those who join the party after the success of the revolution are always feared to be the parallel of the middle manager MBA managing up. A Gorbachev, a Yeltsin. The cadre around Deng Xiaoping who reversed his purge from the party and then put him in power.

A very different circumstance, but in many ways analogous.

Re: Founder Mode

#197
Professional managers will absolutely run a company at 20% optimization while founders might get to 80%.

But if the founder gets hit by a bus it's going to drop to 2% or die. Professional management is like a lot of software tools, you can build a better framework yourself that is better suited to your usecase but no one else knows how to use it or can learn in a reasonable amount of time.

This isn't saying management is always the right route. A founder can lead for 30+ years, but they could also quit or get hit by a bus tomorrow so its not always irrational for shareholders to pick the "less efficient" option here

Re: Founder Mode

#198
post #116

Earlier quoted context omitted.

> actually hire the superstars to join your startup as the early employees/partners? You have to become a superstar first. I had the good luck of living down the street from the AirBedAndBreakfast founders in San Francisco in 2008 and we'd commute together to our Tuesday night YC dinners in Mountainview. I picked up early that Nate was already a superstar coder, Joe was a superstar designer, and Brian was a superstar…

Don’t think of people as superstars. Think of them as individuals that are able to pay attention and consistently meet expectations. I’m starting to think paying attention to what is happening is undervalued.

> paying attention to what is happening is undervalued.

Heavily agree. But paying attention to what is happening _in nature_.

Pay little attention to what is happening in symbolia.

I got rid of my cell phone 2.5 years ago after my daughter kept saying "no phone dadda". Forces me to pay attention to nature and real world every moment I'm not at my computer. Huge life improvement in every way.

Re: Founder Mode

#199
post #9

The big thing missing from pg’s essay is how the professional managerial class has this big filter where only those who are willing to jump through hoops for 20 years get to the c-suite. In businesses of any size it’s just not possible to get promoted straight up the ranks in your 20s no matter how good you are. Seniority trumps ability. Founders are excluded from this filter process and to nobody’s surprise founders…

> filters out the most capable and most effective people from executive positions Well, yes, because generally somebody who is actually 'the most capable and most effective' will simply be running their own business, why would they waste time climbing the ranks to work for somebody else's yacht? The filter exists because whilst PMCs can't build the ship, a founder can, they're fine at keeping it away from the rocks e…

pubmed centrals? politico-media complexes?

Re: Founder Mode

#200
post #195

Walt Disney worked in founder mode. That was partly enabled by his brother running the purely “business” end that would have taken up much of his time. So Walt was able to get involved all the way down to the smallest details. The downside is that when he died he left an organization that relied on that strong founder making things work. Bob Iger is a delegator that handles the business, he doesn’t get deeply involve…

When talking about Disney, I also think it's worth tossing Michael Eisner into the mix as a comparison point for a non-founder who operated in something really close to the "Founder Mode" that the article describes. He got involved in creative decisions, and - speaking to the article's mentioning of micromanagement - famously said that 'micromanagement is underrated.' His style seems close, at least, to the style the article mentions.

It's funny, because a lot of people think about a small number of bad decisions during his tenure (the amount spent on EuroDisney, souring the Pixar relationship) but I actually think Eisner's run at Disney is one of the best non-founder stints at a large company in modern American business.

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