{"id":203,"date":"2019-01-29T20:28:31","date_gmt":"2019-01-29T19:28:31","guid":{"rendered":"https:\/\/fakay.com\/oladimeji-joseph-fakayode\/?p=203"},"modified":"2019-01-25T20:35:15","modified_gmt":"2019-01-25T19:35:15","slug":"building-a-good-company-is-an-end","status":"publish","type":"post","link":"https:\/\/fakay.com\/oladimeji-joseph-fakayode\/2019\/01\/29\/building-a-good-company-is-an-end\/","title":{"rendered":"Building a good company is an end"},"content":{"rendered":"\n<p>That&#8217;s why should you worry when your company is doing well &#8211; revenue is good &#8211; but deep down, you know something is not working. People are not happy, processes are out of place, no one really understands their roles or what they are doing.\u00a0 <\/p>\n\n\n\n<p>Over the last months, I have had countless conversations like this: &#8220;We know something is not working but we are doing good&#8221; Most companies will do well in a bullish economy because money flows without critical thinking. Until something will suddenly go wrong. <\/p>\n\n\n\n<p>But I found wisdom in Ben Horowitz&#8217;s book \u2013 The Hard Things About Hard Things: &#8220;You might argue that no matter how well managed a company is, it will fail without product\/market fit. You might argue further that horribly managed companies that achieve massive product\/market fit will succeed just fine. And you will be right on both accounts.<\/p>\n\n\n\n<p>Here&#8217;s why you should worry: <\/p>\n\n\n\n<p>1. Being a good company doesn&#8217;t matter when things go well but can be the difference between life and death when things go wrong <\/p>\n\n\n\n<p>2. But things will always go wrong <\/p>\n\n\n\n<p>3. Being a good company is an end&#8221;\u00a0 &#8211; Ben Horowitz: <\/p>\n\n\n\n<p>Building a good company should be your goal. Good companies can survive hard times.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>That&#8217;s why should you worry when your company is doing well &#8211; revenue is good &#8211; but deep down, you know something is not working. People are not happy, processes are out of place, no one really understands their roles or what they are doing.\u00a0 Over the last months, I have had countless conversations like this: &#8220;We know something is not working but we are&#8230; <\/p>\n<p class=\"more\"><a class=\"more-link\" href=\"https:\/\/fakay.com\/oladimeji-joseph-fakayode\/2019\/01\/29\/building-a-good-company-is-an-end\/\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-203","post","type-post","status-publish","format-standard","hentry","category-lessons-from-entrepreneurship"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Building a good company is an end - Ideas, tools, and experiences for original thinking<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fakay.com\/oladimeji-joseph-fakayode\/2019\/01\/29\/building-a-good-company-is-an-end\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Building a good company is an end - Ideas, tools, and experiences for original thinking\" \/>\n<meta property=\"og:description\" content=\"That&#8217;s why should you worry when your company is doing well &#8211; revenue is good &#8211; but deep down, you know something is not working. 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