Lex Fridman: belief

Transcript context

…Exactly. Which you’re missing today because right now, the government would swallow them up. Most competent people feel like that bureaucratic machine will swallow them whole. You clear the decks of 75% of them, real innovators can then show up. Yeah. There’s kind of this cynical view of capitals where people think that the only reason you do anything is to earn more money, but I think a lot of people would want to work in government to build something that’s helpful to a huge number of people. Yeah. Well, look, I think there’s opportunities for the very best to have large scale impact in all kinds of different institutions in our universities to K through 12 education, through entrepreneurship, I’m obviously very biased in that regard. I think there’s a lot you’re able to create that you couldn’t create through government. But I do think in the moment that we live in where our government is as broken as it is and as responsible for the declining nature of our country, yeah, I think bringing in people who are unafraid, talented and able to have an impact could make all of the difference. And I agree with you, I don’t think actually most people, even most people who say they’re motivated by money, I don’t think are actually motivated by money. I think most people are driven by a belief that they can do more than they’re being permitted to do right now with their skillsets. I’ve run a number of companies and one of the things that I used to ask when I was, I’m not day-to-day involved in them anymore, but as a CEO, I would ask when I did interviews, in the first company I started, at Roivant, for four years in, company was pretty big by that point, I would still intent on interviewing every candidate before they joined, screening for the culture of that person. I can talk a lot more about things we did to build that culture. But one of the questions I would always ask them naturally just to start a conversation, it’s a pretty basic question, is why did you leave your last job or why are you leaving your last job? I’ll tell you what I didn’t hear very often, is that I wasn’t paid enough. And maybe they’d be shy to tell you that during an interview, but there’s indirect ways to signal that. That really wasn’t at all even a top 10 reason why people were leaving their job. I’ll give you what the number one reason was, is that they felt like they were unable to do the true maximum of what their potential was in their prior role. That’s the number one reason people leave their job. And by the way, I would say that as I’m saying that in a self boastful way that we would attract these people. I think that’s also true for most of the people who left the company as well, Roivant. And that was true at Roivant, it’s at other companies I’ve started. I think the number one reason people join companies and number one people leave companies, whether they’ve been to join mine or to leave mine in the past, have been that they feel like they’re able to do more than they’re able to with their skillset than that environment permits them to actually achieve. And so I think that’s what people hung for.…

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