Keala Kanae built a $20M business by ditching traditional management and letting teams self-organize. He argues money won't make you happy, and that the real win was creating a place where people actually want to work.
One thing that I did in my company that changed the company more than anything. Running ads was cool. Having funnels was cool. Customer acquisition is cool. Sales school. But if there's one thing that changed my business more than anything, it was getting clear about those things and then creating a culture where everybody loved being together. And that's where my team went from, you know, infighting and drama to up at one in the morning, sending slack messages, working on Thanksgiving, working on Christmas, even though I don't necessarily want them to. I didn't have to manage management is the absence of leadership.
I believe that too. In a perfect, like 100% perfect, perfect elastic leadership, you don't need to manage because everyone is pulled in the exact same way.
Self managing.
Self managing.
In the process. I had asked myself, okay, like, why do I do what I do? Because I had just, you know, gone from broke to rich to, like, the cusp of broke again on a partnership buyout, and I'm working my way back to rich again. I think people have to get money to understand that it will never make you happy. But money's not going to make me happier. So why would I put myself through the hell of entrepreneurship?