How to run a company
by: Unknown
collection: strategy
tags:
- business/management
related: - "Business"
- "Management"
impact: medium
status: active
dg-publish: true
How to Run a Company
How to run it efficiently?
Identify the bottleneck and eliminate it every week. On Loop. You just micromanage this and nothing else. Interact with people directly who are responsible for solving this. Skip managers altogether.
Ref a16z Podcast talking about Elon's efficiency.
When to pivot?
When your underlying assumption that your original thesis was based on gets disproven, then you pivot.
MOAT - Margins, Operations, Advantage, TAM
In operations is it highly scalable or it is like self employed where you are trading time for money.
Advantage Unfair which is still there like distribution.
One should trade your skills on highest return market.
Pain passion profession angle
Eliminate the bottleneck weekly. Skip managers. Talk to the actual doers. This is the whole game at sub-50 headcount. Everything else — OKRs, frameworks, offsites — is usually a symptom of not knowing the bottleneck. The minute you don't know what's blocking you this week, you've already lost control.