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Odd Lots
Here's What It Takes to Make a Great Company
Feb 24, 2025
Ben Gilbert and David Rosenthal, co-hosts of the Acquired podcast, dive deep into what makes companies like TSMC and Hermès truly great. They debunk common myths of business success, highlighting the random nature of extreme outliers and the crucial role of founder control in preserving company identity. The duo explores the importance of narratives in shaping corporate success and the delicate balance between management and visionary leadership. They also contrast Hermes' focus on craftsmanship with the fast-paced nature of tech competition.
43:38
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Quick takeaways
- The maintenance of a unique company culture and collective knowledge through strategic workforce retention is vital for navigating industry challenges, as exemplified by TSMC.
- Visionary founder leadership significantly influences a company's success trajectory by prioritizing long-term goals and fostering a strong corporate ethos amidst growth challenges.
Deep dives
The Evolution of Trading Tools
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