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Great CEOs are impatient
Successful companies are hard-charging and truly focused on achieving results. The impatience of the founder plays a crucial role in the success of a company. Impatient CEOs drive their teams to act quickly and strive for faster progress, understanding that speed is a competitive advantage. In the fast-paced market environment where outcomes are uncertain, running numerous experiments promptly increases the likelihood of success. Therefore, maintaining high velocity and constantly iterating based on the data obtained are key factors in achieving success. Slow velocity can lead to failure, even with a strong product and team, as it can either allow competitors to surpass you or prevent the discovery of the winning formula before exhausting resources.