I read the entire PDF and I felt he was pretty spot on about works and what doesn't in running a business.
This is Hacker News, ostensibly created as a website for hackers and founders.
If you are a hacker and a founder then a ton of this advice is spot on.
For example it's a simple concept but he absolutely nails a key factor by distinguishing between A, B and C employees. A high performing team really can't have more than one or two C's. It moves them out even if they're nice, cool, good people. If the team is run by good humans it does what Mr. Beast does and gives them severance.
I can smell a couple C employees fuming on here and in the Twitter thread. I've had C employees work for me and they were always the ones who lobbied me hardest for being more tolerant of mediocrity. Sorry but you just have to hold the line against the average if you want to succeed, this is dictionary definition level of obvious. To be above average, you have to be above freaking average. Half the world is C's and to win your team needs to not be in that half.
While I understand the concept of A, B and C employees to the employer from the PoV of the employee there is also management attrition and lack of incentives.
This concept of A, B and C employees is just ordinary dose of propaganda. A is a salaried employee who is expected to put in extra time and effort as if their livelihood depends on the success of the company, whereas type C employees poison the mindset by doing what they were hired to do. Bs are Cs with inherent sense of pride in delivering excellence who can be coached to become A.
I totally agree. This "excellence" ideology preaches unvirtuous self-sacrifice. Putting extra time and effort means that the employee is sacrificing himself to improve a result which will not benefit him but only a select few.
I argue that in many cases owners and managers, those who are posed to benefit from this ideology, are the ones which poison the mindset by punishing proactivity and being arrogant. There's also D employees, those that are unable to create value by the conditions set forth, they recognize the pointleness of their job and actively do the minimum and create excuses just to not get fired.
This is Hacker News, ostensibly created as a website for hackers and founders.
If you are a hacker and a founder then a ton of this advice is spot on.
For example it's a simple concept but he absolutely nails a key factor by distinguishing between A, B and C employees. A high performing team really can't have more than one or two C's. It moves them out even if they're nice, cool, good people. If the team is run by good humans it does what Mr. Beast does and gives them severance.
I can smell a couple C employees fuming on here and in the Twitter thread. I've had C employees work for me and they were always the ones who lobbied me hardest for being more tolerant of mediocrity. Sorry but you just have to hold the line against the average if you want to succeed, this is dictionary definition level of obvious. To be above average, you have to be above freaking average. Half the world is C's and to win your team needs to not be in that half.