3.2.1. Atomic Scaling: EPIC Employees

Sep 26, 2024
Atomic Scaling: How small teams create huge growth. Revenue

Happy 3.2.1 Thursday! 🌟 How the EPIC framework can transform your hiring strategy and skyrocket your company's performance.

The EPIC framework (Employees, Profit, Impact, Cost) is a game-changer for businesses aiming to scale smartly. It's not about growing bigger, but about maximizing efficiency and impact.

By focusing on serving more users per employee, scaling profit faster than revenue, clarifying a compelling mission, and strategically increasing employee compensation, companies can achieve extraordinary results with smaller, more dedicated teams.

Instead of constant hiring, the EPIC framework emphasizes quality over quantity. Rather than chasing revenue alone, it prioritizes profit scaling.

It recognizes that top talent is motivated by purpose, not just paychecks. And it advocates for generously rewarding employees, but only after the company has scaled its profits.

This approach has enabled companies like Valve and Supercell to serve millions of users with just a few hundred employees, creating a win-win situation for both the company and its workforce.

Below, I share 3 ideas, 2 quotes, and 1 question for you to consider this week:

3 Ideas

I.

Focus on Users Served Per Employee:

Instead of obsessing over headcount, measure your success by how many users each employee serves. Aim for the astronomical numbers achieved by gaming companies - think hundreds of thousands of users per employee per day.

II.

Scale Profit Faster Than Revenue:

High-performance organizations don't just grow their revenue; they exponentially increase their profit. Strive to reach a point where each new customer generates almost 100% profit.

III. Clarify Your Company's Cause:

The best talent doesn't join for a paycheck; they join a mission. Ensure your company's impact is clear, relatable, and inspiring. Your employees should be able to see themselves in your customers.

2 Quotes

I.

"When thinking about whether you should hire someone or not, try to imagine the average quality level of the people at your company.

Then ask yourself whether the new hire would increase that average or not. Only hire if the average will increase." - Ilkka Paananen, CEO of SuperceII.

"Great things in business are never done by one person, they’re done by a team of people" - Steve Jobs.

1 Question

What is your compass for hiring new employees? 

 

Let's Play! 

Ludovic Bodin.

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