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Entrepreneurial Insanity - Why good Is the Enemy of the Great

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					Entrepreneurial Insanity
Why good is the enemy of the great

The World
average

Below

Above

Poor

Great

Bad

Excellent

Contribution
average

1 Below 0
Poor

2 Above 3
Great

-1
Bad

4
Excellent

Average Contribution = 1.5
(9 units of work / six people)
average

1 Below 0
Poor

2 Above 3
Great

-1
Bad

4
Excellent

Removing bad & poor people and replacing with average people Average Contribution = 2.16 (up 67%)
(13 units of work / six people)
average

2 Below

2

2 Above

4

3
1 Great

4
1 Excellent

Removing Average people and replacing with great & excellent people Average Contribution = 3.5 (up 233% & 62%)
(21 units of work / six people)

9
3 Great

12
3 Excellent

The Bottom Line
Units produced Yearly raises Year end compensation (Starting at 100 units)

Average co.

9 13
(67% gain)

1 - 2.5% 2 - 5% 6 - 12%

102.5 105 112

Above Average co.

Excellent co.

21
(233% gain)


				
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posted:5/21/2009
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