Established procedures should be questioned. You should definitely use good business practices such as proper accounting, separation of entities with conflicts of interest but you don’t want to copy the copious amounts of “established procedures” that amount to getting nothing done through piles of pointless paperwork and administrative bloat and endless committees who talk about nothing. There’s lots of teams in EA who get a lot done, specifically because they aren’t bogged down in bureaucracy and have a clear focus and mission.
Strongly approve of this comment.
Established procedures should be questioned. You should definitely use good business practices such as proper accounting, separation of entities with conflicts of interest but you don’t want to copy the copious amounts of “established procedures” that amount to getting nothing done through piles of pointless paperwork and administrative bloat and endless committees who talk about nothing. There’s lots of teams in EA who get a lot done, specifically because they aren’t bogged down in bureaucracy and have a clear focus and mission.