A few weeks ago I watched a talk by Keith Rabois called, How to Operate. Keith is a venture capitalist with Khosla Ventures, the former COO of Square, and a member of the PayPal Mafia.
The talk was primarily geared towards startups, but much of what he talked about could be applied to any organization where people are managed. So whether you’re an architect, real estate developer, or governmental organization, I bet you’ll find the lessons relevant.
One in particular that stood out for me was the idea of barrels and ammunition.
For a lot of organizations, the thought is often that by adding more people you’ll be able to increase output. More people = greater velocity. But Keith’s reasoning is that most people are actually ammunition. And just like in war, it doesn’t exclusively matter how much ammunition you have. You can only shoot through the number of barrels you have. Output depends on barrels.
So who exactly are barrels?
Barrels are the kind of people who can take something from idea all the way through to completion, while at the same time taking a group of people along with them. They are, in other words, your leaders.
But, they are difficult to find.
There are fewer barrels than ammunition. And, the culture of the organization itself will impact every person’s ability to be a barrel. Here’s how Keith puts it:
Barrels are very difficult to find. But when you have them, give them lots of equity. Promote them, take them to dinner every week, because they are virtually irreplaceable because they are also very culturally specific. So a barrel at one company may not be a barrel at another company.
That’s something for you to think about as you start your workweek.
Image: Flickr
Startup guru Paul Graham writes really interesting essays. Judging by the date stamps on his website, he’s been easily doing it for more than a decade. And he’s gotten really good at it – everyone in the startup community reads them. Whenever he posts one, I know I read it. No question.
His most recent essay is called: Mean People Fail. And in it, he argues that the structural changes that have happened in our economy have also meant a reversal in the correlation between “meanness” and success. I know that might sound a bit funny, but hear him out:
For most of history success meant control of scarce resources. One got that by fighting, whether literally in the case of pastoral nomads driving hunter-gatherers into marginal lands, or metaphorically in the case of Gilded Age financiers contending with one another to assemble railroad monopolies. For most of history, success meant success at zero-sum games. And in most of them meanness was not a handicap but probably an advantage.
That is changing. Increasingly the games that matter are not zero-sum. Increasingly you win not by fighting to get control of a scarce resource, but by having new ideas and building new things.
I usually write on Architect This City every day. But this past weekend I skipped both Saturday and Sunday, which is something I haven’t done in the 15 months that I’ve been writing this blog. I hate missing days. I really do. But I had no choice. I was at Startup Weekend here in Toronto.
For those of you unfamiliar with the global Startup Weekend initiative, let me tell you how it works.
Last Friday night, hundreds of people from Toronto’s startup community convened at the MakeWorks coworking space in Toronto’s west end to pitch and hear new business ideas. The floor is always open to anyone who would like to pitch, but you only have 60 seconds (hard stop) to convince the crowd that your idea is worth pursuing. This past weekend there were about 40 pitches.
Following the pitches, the crowd then gets to vote on their favorite ideas. The top pitches – there were 13 selected this past weekend – get to move on and the people who delivered those pitches become team leaders. They are then asked to get up one more time to tell the crowd who they need to develop their idea over the weekend. Once that happens, everyone starts scrambling around to try and put together a team. It’s all about hustle.
Immediately after the teams are formed, the work starts.