Saved by Johanna
Talent as leverage
In a high-performance environment, paying top of market is most cost-effective in the long run. It is best to have salaries a little higher than necessary, to give a raise before an employee asks for it, to bump up a salary before that employee starts looking for another job, in order to attract and retain the best talent on the market year after y... See more
Reed Hastings • No Rules Rules: Netflix and the Culture of Reinvention
Investor and entrepreneur Naval Ravikant on the importance of leverage:
“Humans evolved in societies where there was no leverage. If I was chopping wood or carrying water for you, you knew eight hours put in would be equal to about eight hours of output. Now we've invented leverage... As a worker, you want to be as leveraged as possible so you have ... See more
“Humans evolved in societies where there was no leverage. If I was chopping wood or carrying water for you, you knew eight hours put in would be equal to about eight hours of output. Now we've invented leverage... As a worker, you want to be as leveraged as possible so you have ... See more
jamesclear.com • 3-2-1: On Systems vs. Goals, Endings, and the Importance of Leverage | James Clear
Market dynamics trump individual performance. (I realize how awful that sounds.) Someone of average talent at Google has done better over the past decade than someone great at General Motors.
Scott Galloway • The Algebra of Wealth: A Simple Formula for Success
This is the most profound shift of all. Moving from the J.P. Morgan model of ambition to the Mark Zuckerberg model shifts the balance of power from capital to talent. Ambitious people have gone from writing cheques to writing code. Today the most ambitious individuals don’t own the means of production, if they can write code they are their own mean... See more