“For nearly all of history the success of a society was proportionate to its ability to assemble large and disciplined organizations. Those who bet on economies of scale generally won, which meant the largest organizations were the most successful ones.

But in the late twentieth century something changed. It turned out that economies of scale were not the only force at work. Particularly in technology, the increase in speed one could get from smaller groups started to trump the advantages of size.

Large organizations will start to do worse now, though, because for the first time in history they’re no longer getting the best people. An ambitious kid graduating from college now doesn’t want to work for a big company. They want to work for the hot startup that’s rapidly growing into one. If they’re really ambitious, they want to start it.”

http://www.paulgraham.com/highres.html

What do you think?

  • Is small better?
  • How?
  • Why?
  • Do we all want to work for start-ups? (probably not)
  • Why is it frustrating to work in a large company?

From our perspective it’s the flexibility, independence and freedom that comes with running your own small company – as opposed to the lack of control that you (often) have over your own fate in a large organisation.

What do you think?