Organizational asset
I have always held that the most valuable asset in any organization is the people.
Too many entrepreneurs have it backwards.
Too many investors think that the patents and the source code and the infrastructure are what make the company, the company.
The organizations that are changing the world are the ones that value their irreplaceable people.
The trap that I see many entrepreneurs fall in to is believing that the value to the company is in the what was created, rather than in who created it.
That’s only true if what your company produces is mediocre.
And the world doesn’t need another mediocre product.