Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

Less Experienced are Not In Drivers Seat

7 Jul 2026 · 1 min

Watch on YouTube

0:42

Christian Osgood describes his company's governance rule: less experienced people don't make final decisions. Every partner's input gets heard, but the most experienced person has final authority. He borrowed the concept from Ray Dalio and calls it an idea meritocracy.

Chapters

The rule in my company is that anyone who has less experience is not the one in the driver's seat. We call it an idea meritocracy. Every partner is heard, everyone has input. The person who gets the final decision or the most control over the entity is the one who has the most experience. That seems to— I stole that from Ray Dalio, by the way, that's not original. But that seems to be a path to success in LLCs is put some weighting on Who has the most experience, listen to everyone, but it is a, uh, democracy with a very clear direction, or sometimes it's just a dictatorship where everyone is heard, but either way, it's not a bad way to operate a business, I have found.