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The Giants Among Us

November 10th

If each of us hires people who are smaller than we are, we shall become a company of dwarfs. But, if each of us hires people who are bigger than we are, we shall become a company of giants

Warren Buffett

Hiring individuals who possess greater knowledge or skills than ourselves may seem intimidating, yet it's often the key to significant growth and success. It's tempting, especially for those in leadership positions, to surround themselves with less competent individuals to secure their own status. But this fear-driven approach limits potential and hinders innovation.

Instead, choosing to bring in 'giants' - individuals who outshine us in certain areas - not only elevates the collective intelligence of the team but also challenges us to learn, grow, and improve. This concept isn't just about management; it's applicable to us as investors.

When assessing potential investments, look for companies led by those who aren't threatened by talent, but rather, seek it out. These leaders understand that to mould a 'company of giants', they must first be willing to invite 'giants' into their team. Such leaders exhibit a dedication to growth and learning, traits indicative of a company with a bright future. So remember, in the pursuit of growth, be it personal or organizational, one should seek out the company of 'giants'.

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Copyright © 2023 by Scott Sansovich