Jim Collins on Startup Communities

I watched this very powerful talk between Jim Collins and Brad Feld. It’s well worth the 45 min. Lots of food for thought. Most interesting to me:

  • “Who-s” drive startup communities not initiatives.
  • Return on luck – everyone get luck, good and bad, what is important is what you do with the luck you get.
  • You approach life as either a series of transactions or a series of relationships.
  • Doer-ocracy vs meritocracy – meritocracy maintains the status quo through an establishment evaluating acts, where a doer-ocracy disrupts the status quo through the networked interactions increasing doer nodes.

Startup Phenomenon | Brad Feld talks with Jim Collins from 23rd Studios on Vimeo.