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What we learned in studying the most effective founders

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41–50 of 87 posts

Re: What we learned in studying the most effective founders

#41
post #31

I'm honestly more interested in studying the most ineffective founders. We spend too much time focusing on survivors, when I feel like the best learning comes from looking at failure. I'd be willing to be there's a lot of failed / failing companies out there doing the exact same thing as the "most effective founders", so what makes them different? I'd be interested to know.

“All Happy families/founders resemble one another, but each unhappy family/founder is unhappy in its own way.”

Re: What we learned in studying the most effective founders

#42
post #40

I would have expected stuff like: - expertise or at least competency related to the domain - social currency, ability to influence/convince people - stamina and fortitude Most of the points in the very short article are about "don't be an asshole to your employees", which is certainly a good thing and what people should be doing. But I can think of quite a few outrageously successful founders who have been insufferab…

Your points are all correct.. but this article isn’t written for startups.

When you work at trillion dollar company that likes to think of itself as a small nimble startup, you write articles like this… the point isn’t to help startups, it’s to influence people in the organization to behave in a certain way by attributing the behavior you want to another group you admire.

Google doesn’t care about creating a successful startup.. they do care about how their employees work together.

A slightly less cynical take is that when Google "studies" startups, they dont recognize problems like you describe because creating a startup isnt a problem they are faced with. But cultural issues exist everywhere, and so those are the problems that the person sees and addresses in their writeup.

The result is the same either way. You're not going to get startup lessons from one of the largest companies in the world.

Re: What we learned in studying the most effective founders

#43
This reads more like a generic SEO page, stating platitudes, rather than a novel analysis by one of the largest, most influential companies in the world.

If Google considers this quality content, is it really surprising their search results increasingly return non substantive answers to questions?

Re: What we learned in studying the most effective founders

#44
post #37

Earlier quoted context omitted.

Probably a good point. Like that anecdote about the studying the WW2 planes that went down vs the ones that made it back to see where to add more armour.

To be fair, in that anecdote you are extracting meaningful information just from observing the literal survivors, which sort of points in the opposite direction to the GP’s point. I’d say examining survivors is useful and can provide information, but you need to be careful to correct for survivorship bias. But that’s not to say you cannot gain any information from examining cohorts of survivors. I think most people p…

The insight of the plane story is turning it around, though, to indirectly study the failures (which were not available for study)

“What is it the successful planes do? Well, they didn’t get shot here (points)”

Re: What we learned in studying the most effective founders

#45
post #40

I would have expected stuff like: - expertise or at least competency related to the domain - social currency, ability to influence/convince people - stamina and fortitude Most of the points in the very short article are about "don't be an asshole to your employees", which is certainly a good thing and what people should be doing. But I can think of quite a few outrageously successful founders who have been insufferab…

I'd love it if people would just do what they say they are going to do, and I think a lot of companies would be great places to work at if that turned out to be the case.

Re: What we learned in studying the most effective founders

#46
post #31

I'm honestly more interested in studying the most ineffective founders. We spend too much time focusing on survivors, when I feel like the best learning comes from looking at failure. I'd be willing to be there's a lot of failed / failing companies out there doing the exact same thing as the "most effective founders", so what makes them different? I'd be interested to know.

Simple science: you need a control group. The whole "25 things that successful people do" completely ignores the entire question of whether unsuccessful people also do those things, and therefore whether those things have anything to do with success. Survivor bias is so prevalent in any thinking about "what makes someone successful?" that yes, it would be much more effective at this point to consider "what makes some…

I’m gonna go even further and say that using statistics and quantifying any of this is a futile effort. There are too many variables and noise-factors to make any sense in statistics.

Every company is unique and problems are different and in different domains at different external conditions.

Statistics would just be a sample size of 1 and std dev of infinity.

Re: What we learned in studying the most effective founders

#47
post #3

I do not understand "treat people like volunteers".

I think the idea is to treat employees you pay as if they where doing it for free. Say you give a boring task that’s not meaningful to a volunteer they’ll just up and leave as they won’t gain anything from it.

That seems like a confused idea of both volunteers and employees. To whom should boring tasks be given? If I volunteer at a place it's because I believe in the mission and if I work at a place it's because I want to get paid. Either way, if boring work is what's needed, that's what I'll do.

Re: What we learned in studying the most effective founders

#48
post #31

I'm honestly more interested in studying the most ineffective founders. We spend too much time focusing on survivors, when I feel like the best learning comes from looking at failure. I'd be willing to be there's a lot of failed / failing companies out there doing the exact same thing as the "most effective founders", so what makes them different? I'd be interested to know.

Looking at the data, they seem to compare what effective[1] founders do more frequently than ineffective founders, so they do compare the two. The study sort of includes these % gaps in practices of most and least effective founders.

[1] effective here is subjective and reported. They have a discussion of why they don't use other metrics like company valuations and it boils down to that data is harder to collect I think

Re: What we learned in studying the most effective founders

#49
post #31

I'm honestly more interested in studying the most ineffective founders. We spend too much time focusing on survivors, when I feel like the best learning comes from looking at failure. I'd be willing to be there's a lot of failed / failing companies out there doing the exact same thing as the "most effective founders", so what makes them different? I'd be interested to know.

[deleted]

Re: What we learned in studying the most effective founders

#50
post #14

Self help pablum for aspiring founders. I'll just highlight a couple of the ridiculous things in there. "Minimize unnecessary micromanagement". There's just a ton in there. First, micromanagement already has a negative connotation so recommending to minimize it rather than eliminate it is just an obnoxious hedge. Then it doubles down on recommending minimizing only "unnecessary" micromanagement. You just go right ahe…

What would you propose as an alternative?

In an alternative universe, ZCW101 is complaining that they said "eliminate micromanagement" and that person is arguing that sometimes you simply have to micromanage and eliminating it is unrealistic but they should have said something about minimizing it. And then someone complains that some is necessary and you should only minimize the unnecessary parts.

Anyway, my real point is that the summary necessarily only captures the data in an inexact manner and if you are interested you can dive in. The real point is that some % of people feel micromanaged and it is a large point.

By the way, even that point is a summary. https://static.googleusercontent.com/media/startup.google.co...

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