Chapter
The Importance of Greatness
37:43 - 40:28 (02:45)
The speaker emphasizes the importance of greatness in hiring and design, comparing it to the unlabeled items in the back of a pharmacy.
Clips
The speaker suggests that while it is important to hire the best people possible, it is equally important to care about the problem that is being solved.
37:43 - 39:00 (01:17)
Summary
The speaker suggests that while it is important to hire the best people possible, it is equally important to care about the problem that is being solved. They also state that not all outlier companies succeed by following this approach.
ChapterThe Importance of Greatness
Episode#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths
PodcastMy First Million
A website making $400K profit per month had a bad design with a lot of ads, but customers loved it.
39:01 - 40:03 (01:02)
Summary
A website making $400K profit per month had a bad design with a lot of ads, but customers loved it. Similarly, a DTC business making $15 million in revenue had poorly packaged products, yet it was still successful due to functionality.
ChapterThe Importance of Greatness
Episode#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths
PodcastMy First Million
Hiring great people, being passionate about what you do, and having great design are often touted as requirements for success, but examples like the Black Swan rule prove otherwise.
40:03 - 40:28 (00:25)
Summary
Hiring great people, being passionate about what you do, and having great design are often touted as requirements for success, but examples like the Black Swan rule prove otherwise.