transcript · 6,123 words

#381 I Had Dinner With Michael Ovitz

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Something that Michael Ovitz had in common with people like Steve Jobs and Jeff Bezos is the belief that you must find and work with extraordinary people. Even when Ovitz was a young man, he starts his company, he has no money. He makes a list of people that he eventually wanted to work with. And it was the best of the best. And even though at the time it felt like a pipe dream.

He actually makes that list into a reality. and the importance of working with the very best people. Uh, there's actually a great observation about this from Steve Jobs. And he says that the key observation was that I noticed that in that that dynamic range between what an average person could accomplish and what the best person could accomplish.

Was fifty to one or a hundred to one. So given that, you're well advised to build a team that pursues the A plus players. That's exactly what Steve Jobs did. It's exactly what Michael Ovitz did, and it is exactly what Ramp did. Ramp has the most talented technical team in their industry. Becoming an engineer at Ramp is nearly impossible. In the last twelve months they hired only point two three percent.

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