A Quote by Matt Mullenweg
Why are so many companies stuck in this factory model of working?
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130 of Automattic's 150 employees work outside of our San Francisco headquarters. Why are so many companies stuck in this factory model of working?
As a model, I really stand for not being a model, if that makes sense. When I started, the whole idea of the model was very different; it was a bit stuck-up. Not stuck-up, but no one was trying to have fun, or not even have fun, but be willing to smile.
At 25, I made many companies. I was thinking more like a businessman or entrepreneur than a CEO. I created many companies, small companies, medium companies. I tried to be involved in many kinds of activities, in finance, in real estate, in mining.
Many companies are disappointing the citizens of this world by manipulating labor rates, putting horse meat instead of beef out there, or thinking it's totally acceptable to make a T-shirt from a collapsing factory. Increasingly, people don't want to work for these companies, and consumers don't want to buy from them.
College works on the factory model and is, in many ways, not suited to training entrepreneurs. You put in a student, and out comes a scholar.
The model a lot of companies use is a very pyramidal model which sort of designates that all creativity, all wisdom flows from the top. We think that's the absolute wrong model.
Hollywood is a factory. You have to realize that you are working in a factory and you're part of the mechanism. If you break down, you'll be replaced.
If you look at our original business model with the verticalized law firm, a lot of these companies that have this kind of full stack model are not going to survive. A lot of these companies, Atrium included, did not figure out how to make a dent in operational efficiency.
The factory model of education is the wrong model for the 21st century. Today, our schools must prepare all students for college and careers-and do far more to personalize instruction and employ the smart use of technology.
Why do investors seem to care about 'billion dollar exits?' Historically, top venture funds have driven returns from their ownership in just a few companies in a given fund of many companies.
Leo felt trapped. He’d once been stuck in a cave on top of Pikes Peak, surrounded by a pack of werewolves. Another time he’d been stuck in an abandoned factory with a family of evil Cyclopes. But this — standing in an open clearing with a dozen pretty girls — was much worse.
I'm very sensitive about being held up as some sort of example. I don't consider myself any sort of role model at all. I have great advantages over many other working women, and my schedule allows me more time with my kids than many working women have.
Companies will need to pursue a more diversified business model, but I think those companies that have what I call a focused diversified business model will be more successful.
I was working in Camden Lock market from the age of 13 to 16, and people often suggested that I should be a model. I knew a girl working on a stall who was with Take Two model agency, so I decided to go along, and they took me on.
The reason why it is so difficult for existing firms to capitalize on disruptive innovations is that their processes and their business model that make them good at the existing business actually make them bad at competing for the disruption. Companies in fact are specifically organized to under-invest in disruptive innovations! This is one reason why we often suggest that companies set up separate teams or groups to commercialize disruptive innovations. When disruptive innovations have to fight with other innovations for resources, they tend to lose out.
It's important that I'm a role model and that the companies that I associate myself with feel the same way about their own images. Those are companies I'd like to be associated with.
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