entrepreneurial insanity
Post on 07-Jul-2015
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Entrepreneurial Insanity
Why good is the enemy of the great
The World
AboveBelow
GreatPoor
average
ExcellentBad
Contribution
AboveBelow
GreatPoor
average
ExcellentBad
-1
0
1 2
3
4
Average Contribution = 1.5(9 units of work / six people)
AboveBelow
GreatPoor
average
ExcellentBad
-1
0
1 2
3
4
Average Contribution = 2.16 (up 67%)(13 units of work / six people)
2 Above2 Below
1 Great
average
1 Excellent
2 4
3
4
Removing bad & poor peopleand replacing with average people
Average Contribution = 3.5 (up 233% & 62%)(21 units of work / six people)
3 Great
3 Excellent
9
12
Removing Average peopleand replacing with great & excellent people
Average co.
Excellent co.
Above
Average co.
Units produced Yearly raises Year end compensation
9
13
21
(67% gain)
(233% gain)
1 - 2.5%
2 - 5%
6 - 12%
(Starting at 100 units)
102.5
105
112
The Bottom Line
Paranoid
Strategic
Narcissistic
Confident
Detached
Stoic
Stubborn
Resilient
Obsessive
Thorough
Unbalanced
Committed
Crazy
Brilliant
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