Invest Like The Best
Episode 157 Become a Perfect Instrument
Invest Like The Best

Episode 157: Become a Perfect Instrument

Invest Like The Best

Episode 157

Become a Perfect Instrument

Niko Canner is the founder of Incandescent. We cover how someone can become a perfect instrument, the importance of a company's culture, and the principles for running a company.

[00:01:17] – (First Question) – The story of Doctor V

[00:04:00] – Becoming the perfect instrument

[00:06:05] – What is Niko planning to be the perfect instrument of

[00:08:18] – How should individuals think about finding what they can be the perfect instrument of

[00:10:59] – How do businesses apply this principle

[00:13:20] – Making choices easier

[00:16:43] – Era’s to a company and when it’s time to start a new one

[00:19:52] – How can business culture be cultivated and useful

[00:22:53] – Cultures at the tail end of a distribution

[00:24:33] – Can hierarchy be fluid, or does it need to be a dedicated corporate structure

[00:27:47] – My Unlikeliest Favorite Business Book

[00:30:46] – The Red Test and how it can be used by businesses

[00:36:54] – Ten Principles for How to Run a Company

[00:42:25] – Dealing with the sponsor owner brief in the software world

[00:45:24] – How does one choose customers

[00:46:32] – Bill Hubbard passage

[00:49:09] – Kindest thing anyone has done for Niko

Become a Perfect Instrument

Introduction

Patrick
My guest today is Niko Canner. Niko Canner is the Founder of Incandescent where he and his team help the leaders of large companies in the areas of strategy and innovation. He was also the Founder of Katzenbach Partners, and a member of Bridgewater's Management Committee. Niko is a fantastic writer, and I highly recommend you check out his blog, On Human Enterprise, which has posts on many of the most interesting aspects of business and personal purpose. This conversation was inspired by many of those posts. Please enjoy.

Story of Dr. V

Patrick
Okay, Niko, so this is going to be a different episode. We may touch on investing. I think our conversation will check in on that topic every so often. But really it's about individual and firm action and behavior. And to frame the entire thing, I would love for you to begin by telling the story of Dr. V.

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