The Best Investors and Founders Sacrifice Ego to Build the Right Team

Hard - Requires significant effort Recommended

Time and time again, the people who make the biggest impact aren’t those who go it alone, but those who build teams that reflect—and even challenge—their own strengths and gaps. It’s rarely easy. Leaders who pour themselves into a project often feel protective or skeptical about inviting outsiders in, worried their vision will be diluted or their authority undermined.

Yet the most successful organizations deliberately bring in new skills and perspectives as they scale up. For founders and investors in high-stakes startups, the boldest move isn’t just technical innovation, but knowing when to welcome a seasoned outsider, technical specialist, or cultural counterweight as a partner. This shift demands humility and, paradoxically, huge self-confidence—trusting that real strength comes from collective capability, not solo brilliance.

In a world where business and creative environments change fast, those who adapt by continually adjusting their team mix often outlast those who rely solely on personal expertise. Psychological and management studies show diverse teams outperform homogenous ones, making better decisions and weathering change more flexibly—even if it means more hard conversations and pushed boundaries.

Look at your next project with fresh eyes, asking not just who agrees with you, but who can fill your biggest blind spots. Extend invitations to people whose backgrounds or skills challenge you a little, and make room for their genuine input. When new members join, hand over meaningful responsibilities, not just busywork, and listen deeply. Whether you’re launching a business, planning a family event, or revamping a club, this approach brings richer results—sometimes in ways you can’t anticipate. Don’t let ego limit your growth.

What You'll Achieve

Experience stronger, more adaptive teams and projects by building on complementary strengths—becoming comfortable with high-trust, high-performance collaboration.

Bring in Outsiders Who Challenge and Complement You

1

Honestly assess your current strengths and blind spots.

List where you excel and where you feel challenged, then identify what skills, perspectives, or experiences are missing from your group or project.

2

Actively recruit or invite people who fill your most important gaps.

Don’t just look for compatibility—seek out those who bring something meaningfully different, even if they challenge your assumptions.

3

Give new team members real voice and responsibility.

Set the expectation that everyone’s input will guide decisions, not just endorse the leader’s plan.

Reflection Questions

  • Am I clinging to projects or roles that someone else could do better?
  • What skills or perspectives would make my team more capable?
  • How do I handle disagreement or challenge from new team members?
  • What could I gain by letting someone else take the lead in an area I usually control?

Personalization Tips

  • On a student council: Invite someone with a different background or opinion to balance your planning.
  • In creative projects: Ask an outsider to critique your draft or pilot run before you go public.
  • In sports: Try out a new position or play, letting a less-experienced player lead the drill.
The Power Law: Venture Capital and the Making of the New Future
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The Power Law: Venture Capital and the Making of the New Future

Sebastian Mallaby
Insight 9 of 9

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