To conclude, I emphasize: highly skilled people prefer highly stable careers in the long-run. This lets their relative ability and human capital advantage compound over time. Rapid deterioration of skills continuously levels the playing field, preventing the best from separating themselves from the pack. In such a situation, it makes more sense to ... See more
If you want leaders, you might want to throw high-potential people into the water first. Executive development is probably a different game than individual contributor training. Ben Horowitz's The Hard Thing About Hard Things has a chapter called 'Why Startups Should Train Their People,' in which he makes the same point. According to Horowitz, the ... See more
I’ve come to believe that learning is the essential unit of progress for startups. The effort that is not absolutely necessary for learning what customers want can be eliminated.