Skip to main content

Companies are comprised of people

Companies are not people. But they are comprised of people. And the people side of the business is harder and way more complicated than building a product is. You have to start with culture, values, and a committment to creating a fantastic workplace. You can't fake these things. They have to come from the top. They are not bullshit. They are everything. There will be things that happen in the course of building a business that will challenge the belief in the leadership and the future of the company. If everyone is a mercenary and there is no shared culture and values, the team will blow apart. But if there is a meaningful culture that the entire team buys into, the team will stick together, double down, and get through those challenging situations.
Fred Wilson


Labels:

Popular posts from this blog

Impact of computer tech

"Perhaps the biggest impact that computer tech and the information revolution have had over the last few decades has been increased transparency" Peter Thiel
Read more

Future of Value Creation

"The value of products and services today is based more and more on creativity -- the innovative ways that they take advantage of new materials, technologies, and processes. Value creation in the past was a function of economies of industrial scale: mass production and the high efficiency of repeatable tasks. Value creation in the future will be based on economies of creativity: mass customization and the high value of bringing anew product or service improvement to market; the ability to find a solution to a vexing customer problem; or, the way a new product or service is sold and delivered." Victor Sowers
Read more