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How do you start the process of making your business more efficient? I started looking for solutions for my business four years ago with a simple question: What is the most efficient organization in the world? That is what we all aspire to have — an efficient organization that generates money on automatic, which in turn gives us the freedom to do what we want, when we want. My Google result? Squatola.
Then, one fateful day, during a long drive, I flipped through radio stations and came across the most random report about bees. An NPR field reporter was out…
When you start a company, doing every job yourself is a practical matter — there’s quite literally no one else there to do the work. But when my co-founder and I launched our startup in 2014, we also saw value in doing every job in the company ourselves.
We wanted to understand every atom of the business we were building. If we didn’t know what needed to get done, we wouldn’t be able to delegate it to someone else successfully. …
Co-authored with Mathew Chow
Organizations have long been engineered like fine-tuned machines: They allocate processes and resources (sometimes human) into specializations, each churning and passing their output to the next group. This efficiency allowed companies to scale, prevent competitors from entering the market, and dominate their industries. In turn, this growth meant even greater efficiency, resulting in tighter interdependence and connection between the machine’s parts.
In today’s business world, technology has made innovation and disruption constant. Businesses must quickly and easily adapt to succeed. …