I think you should take this into consideration too: Having first-rate people on the team is more important than designing hierarchies and clarifying who reports to whom.
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Another quote I quite like from Mr. Warren Buffett is: Diversification is a protection against ignorance. It makes very little sense ... -
Another quote I quite like from Mr. Warren Buffett is: Keep all your eggs in one basket, but watch that basket closely. -
He was so clever coming up with this too: Assiduity is the ability to sit on your ass and do nothing until a great opportunities presen...
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