Why companies grow immensely large quickly? Why do so many investors want to invest in them? Why do so many employees want to work for them? Why do so many customers want to buy their products?
Why as an investor do I look at a company growth potentials, business model and founder-led companies?
Business models can be dynamic, growth can be driven but most importantly the founders must be solid.
Companies like the Uber, Apple, Amazon, Facebook, Tesla of today and many other real world examples. It does not have to be in technology. In history such companies are always the biggest in their industries. Older times (when they were founder-led) include: Ford Motors, Standard Oil, Microsoft, JP Morgan, General Electric, and many more.
Answer: Startup culture VS ‘comfort’ culture.
Good leaders are often required to make painful decisions for the long term good of the company.
Companies are often required to make painful decisions for the benefits of their customers, employees and shareholders.
Such leaders are often viewed as a villain but time will always show that their actions are necessary components for progress.
Best examples today: Qin Shi Huang (burn all books to unify China), CaoCao of the three kingdoms, John Pierpont Morgan, John D Rockefeller in history, Bill Gates, Jeff Bezos (Amazon), Steve Jobs, Zuckerberg, Elon Musk, and many more of today.
When the old apple, led by then newly hired PepsiCo CEO decided to fire Steve jobs, apple entered into a stage of slump. When they finally realized their mistakes, Apple grows to become the most valuable company in the world. Steve only recruits A employees
When SMRT was led by great leaders appointed by then LKY, the reliability, quality as a necessity was there. Ppl relied on them instead of cars to travel, because they trust the company. But when such leaders disappear or are being led by leaders who got comfortable with high pay and no actions, stupid problems that can be easily resolved started floating out of their trains.
Transitions from startup entepreneur culture to corporate culture take place when the company top mgmt decides to take the easy way and run the company like a pure democratic government.
It is when a company head decides not to safeguard their ricebowls simply because they are employed and not a founder OR an executive paid by incentives.
If u want to have a happy, work life balance, simple life, please make sure you get a job, buy a unit trust, a good insurance policy and put all your money into EPF. Because that’s what most of such people do. And of course, curse about the government, and envy the rich.
If you want to be the one on the opposite side of the spectrum, get ready to go through hellish experience, because those that can come out from hell will be able to see the light.
If you are not willing to be looked down upon, shamed, gossiped, and finger pointed when problems arise, DONT think of being a leader. Just get a job. And stay low.
If you want to be a leader, be prepared to take up responsibilities and no appreciation for your work, whilst every action you make MUST be beneficial for the company.