Books

Ego is the Enemy – Reverse Engineering a Vision that was not there

Jeff Bezos, the founder of Amazon, has talked about this temptation. He reminds himself that there was “no aha moment” for his billion-dollar behemoth, no matter what he might read in his own press clippings. The founding of a company, making money in the market, or the formation of an idea is messy. Reducing it to a narrative retroactively creates a clarity that never was and never will be there. 

When we are aspiring we must resist the impulse to reverse engineer success from other people’s stories. When we achieve our own, we must resist the desire to pretend that everything unfolded exactly as we’d planned. There was no grand narrative. You should remember—you were there when it happened. 

A few years ago, one of the founders of Google gave a talk in which he said that the way he judges prospective companies and entrepreneurs is by asking them “if they’re going to change the world.” Which is fine, except that’s not how Google started. (Larry Page and Sergey Brin were two Stanford PhDs working on their dissertations.) It’s not how YouTube started. (Its founders weren’t trying to reinvent TV; they were trying to share funny video clips.) It’s not how most true wealth was created, in fact. 

Investor Paul Graham (who invested in Airbnb, reddit, Dropbox, and others), working in the same city as Walsh a few decades later, explicitly warns startups against having bold, sweeping visions early on. Of course, as a capitalist, he wants to fund companies that massively disrupt industries and change the world—that’s where the money is. He wants them to have “frighteningly ambitious” ideas, but explains, “The way to do really big things seems to be to start with deceptively small things.” He’s saying you don’t make a frontal attack out of ego; instead, you start with a small bet and iteratively scale your ambitions as you go. His other famous piece of advice, “Keep your identity small,” fits well here. Make it about the work and the principles behind it not about a glorious vision that makes a good headline.