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The relevant question is not how much a CEO contributes to the company. That is not how economics works. After all, how much does the firefighter contribute who rescues three kids from a burning house? We don’t pay our hero firefighters multimillion dollar salaries. We pay firefighters on the basis of how much it costs to hire another firefighter who can also do the job.
The question is how much does the CEO contribute compared with the next person in line for the job? Given the experience of large corporations in other countries, there is every reason to believe that there are lots of next people who could do the job as well or better and for much less."
"Too many founders have sacrificed the WHY in the process of speeding up the WHAT and HOW."