Dont even need to watch the whole video. This is all you gotta see.
Supposedly Linus didn’t think he could trust anyone else to essentially act as his proxy. And he’s just been bugging Terren for years to come to LTT. And it only now worked out. If you can call all this “working out”
It’s not just about trust, professional experienced ceos, who have been educated in business management know how to run businesses, it’s what they do, it doesn’t matter what the product or service is, that can be learned. Linus was too proud to hand control of his baby over, that’s very, very common with businesses that start to grow faster than they can handle and it’s a reason why start ups fail despite their successes and promise. Lmg is extremely lucky to have gotten as far and as large as it did without the necessary restructure to go to the next step.
Once you get into the 50+ full time employee range you need pro’s on the team because shit will happen, mistakes will be made, people will fuck up, that’s unavoidable. Good strong businesses handle it well, it’s rough cause sometimes you have to fire an OG team member and close friend and ruin a friendship. It sucks and people will hate you, but that’s part of running a large company.
Lmg had been incredibly successful and that’s great, kudos the them for that, but you have to have the humility to stand up at some point and day “I don’t know what the fuck I’m doing and I need” any business adviser or analyst will tell you that.
“I don’t know what the fuck I’m doing and I need” any business adviser or analyst will tell you that.
Much easier to do when you’re not dealing with a narcissist who, if he cant be right no matter how much he doubles down, then he’ll atleast make himself look like a victim to get that sweet sympathy feed for his narcissism.
