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, written by Jeremy. Read the commentary.

I think it’s possible to tailor-make successful companies.

What I’d like to try isn’t new. I bet someone else is doing it. And I bet tons of people have tried and it tanked.

I think predecessors have tried and failed because they thought money mattered – it doesn’t. I think previous attempts hit the ditch because they thought ideas were the key – patents, trade secrets and the like – they’re wrong. People matter. That’s it.

Take $2M, a great concept, and a group of three people who are technically, socially, and financially savvy – the trick will still be finding those three people.

But, funny thing, I keep running into people who are absolutely amazing. Each one is stuck in some job that uses just a tiny part of the stuff they’re great at. And they feel lousy because most of the time they work on stuff they readily admit they have never been good at doing.

I think that someone mildly sophisticated could pre-screen ideas from old patents, failing companies, and university/government research to pick out piles of potentially viable opportunities. If these ideas were presented to a group of people who are hand-picked for brilliance, insight, and their open-minds – I bet the group would pick winners.

The group would pick winners if it were made of inventors, entrepreneurs, and VCs – each chosen because they complement the rest and because they are respected by their peers. If each individual is invited to put their greatness on the table – this thing would sing.

Each person is invited to be great at the things they’re great at. No more inventors trying to be CEOs. No more VCs trying to be entrepreneurs. A total break from the regular model of working in ways we generally suck at.

And also a complete abandonment of this silly decision that we all work just one job, 100% of the time. How about 4% in several jobs for a total of just 44%? Where each company gets 4% of someone’s time but 100% of their brilliance for which the company trades 4% of the business. And the rest of the time is spent doing things that make them even better at the things they’re good at – painting, driving nails, or lolly-gagging.

Here’s the model:

– pre-screen the oceans of potentially commercializable ideas for those that are interesting, inspiring, or intriguing
– hand-pick people who are narrowly brilliant, insightful and open-minded and together form an eclectic, diverse, and complimentary group
– make sure the group adequately represents a cross-section of inventors, entrepreneurs, and VCs
– invite individuals to choose ideas to champion, team up with group members, and quickly spin out tiny businesses
– encourage members to participate in several ventures rather than focus on just one

Any thoughts? Any glaring gaps? Any experience on various pieces with lessons to share? Anything I’ve left awfully obscure and unintelligible?

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