Unqualified Success
The Peter Principle is the idea that people tend to rise to their level of incompetence.
They're promoted based on past success. Being incompetent in their new role, they don't qualify to be promoted again, so remain in their current position.
It's a factor to consider when working for yourself in the organization or family you may have created. Being the boss, you could decide to put yourself in charge of the day-to-day because you were the only one with the vision to start the hierarchy in the first place. Organizations usually suffer from making these kinds of assumptions.
It was refreshing to find someone who figured out that just because you're the founder doesn't mean you're competent to be the chairman and CEO. Growing big and fast, if necessary, requires a single skillset. The core competence of raising capital.
Because in America's many big, dumb companies, every other competence can be hired in. You get to call the shots. But do you want to?
Know I wouldn't be happy or effective running any day-to-day concerns. Whether the leader of the free world or the leader of a laundromat, one man minds the till, but the other minds the rudder.
The way we hire people for presidential power is strange. Do you have any experience running countries? No. None of our presidents did. They didn't even start at a small island nation and then work their way up. The best you've got is governors who run for president, which is a specific job. And important one.
Seems like you'd want to have someone who's successfully run a country before, but hasn't started any world wars while in office.
This is never the attitude of selecting the highest office in the land, but it will sound familiar to all the job seekers in the country. They face a bureaucracy that wants a man who already has the knowledge and experience, but none are willing to impart that knowledge or experience.
There are 100 million jobs in America, and employers want you to show experience for all of them except President of the United States.
It's a land of absolute insanity. An upside down world. The reason the 100 million jobs haven't been fixed is because our President is always so inexperienced.
He's minding the till.
But I'm minding the rudder.
They're promoted based on past success. Being incompetent in their new role, they don't qualify to be promoted again, so remain in their current position.
It's a factor to consider when working for yourself in the organization or family you may have created. Being the boss, you could decide to put yourself in charge of the day-to-day because you were the only one with the vision to start the hierarchy in the first place. Organizations usually suffer from making these kinds of assumptions.
It was refreshing to find someone who figured out that just because you're the founder doesn't mean you're competent to be the chairman and CEO. Growing big and fast, if necessary, requires a single skillset. The core competence of raising capital.
Because in America's many big, dumb companies, every other competence can be hired in. You get to call the shots. But do you want to?
Know I wouldn't be happy or effective running any day-to-day concerns. Whether the leader of the free world or the leader of a laundromat, one man minds the till, but the other minds the rudder.
The way we hire people for presidential power is strange. Do you have any experience running countries? No. None of our presidents did. They didn't even start at a small island nation and then work their way up. The best you've got is governors who run for president, which is a specific job. And important one.
Seems like you'd want to have someone who's successfully run a country before, but hasn't started any world wars while in office.
This is never the attitude of selecting the highest office in the land, but it will sound familiar to all the job seekers in the country. They face a bureaucracy that wants a man who already has the knowledge and experience, but none are willing to impart that knowledge or experience.
There are 100 million jobs in America, and employers want you to show experience for all of them except President of the United States.
It's a land of absolute insanity. An upside down world. The reason the 100 million jobs haven't been fixed is because our President is always so inexperienced.
He's minding the till.
But I'm minding the rudder.
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