Entrepreneurial Insanity Why good is the enemy of the great
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