Eric Ries
speaker
621 appearances
1 recordings
1 series
first heard May 2026
last heard 31 May
Eric Ries’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in May 2026 with 1.
Appearances
Why the two situations are different is fine, but now make the argument.
Okay, the point is the original story was missing all those elements.
Now, when I say something is empirically testable, I don't just mean in theory.
Good news, we have incredible evidence.
This is a question that has been repeatedly studied.
And it turns out that being a sociopathic company that treats your employees like crap creates huge competitive problems.
And doing the reverse creates competitive advantages.
And it's not subtle.
There was one study I cite in the book, did a big meta-analysis of employee ownership.
And it found not only do employee-owned companies outperform conventional companies, but that in a data set that I think involved 54,000 companies, like a huge data set, they found that employee ownership exhibits a dose response.
The more employee ownership you get, the more competitiveness you get.
You get faster revenue growth.
You get better resilience, all these positive business outcomes.
And we see that in many of these mechanisms, that if you adopt them, it might seem harder on the surface, but actually it makes your life easier down the road.
Whereas when you race to the bottom, when you engage in conventional business practices, you wind up making yourself into a commodity and you make yourself weak and easy to disrupt.
So we have lots and lots of both case studies that illustrate those points, but also like really extensive data.
That demonstrates it.
Exactly.
So let's just focus on price for a second.
Because one of my favorite examples in the book is Costco.
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