Nothing has to be the norm
I was talking to someone the other night who is insanely smart and has been incredibly successful at a young age. I get to see that in the tech world. We talked about the way that investors conduct themselves in regards to how they approach their jobs. He believed that in order to return a fund to your LP’s you have to look at things a certain way and perhaps be a certain way. I disagree. Just like growing companies with different cultures, investors do not have to follow the norm. Nothing has to be the norm.
Herb Kelleher, the brains behind Southwest Airlines, died recently. He was a visionary in how he ran his company. He paid his employees well and created a positive culture by treating everyone like they were a customer. That feeling was contagious and translated into loyal travelers. He did it differently and was profitable early on. He did not follow the norm.
The one thing I have repeated to founders