
Principal-agent problem
There is an age old saying - If you want it done, then go, And if not, then send - Julius Caesar. Private individual investors who are working in isolation will know the depth of this mental model. What's the Principle agent problem ? When you are the Principal ( business owner, a start up founder ) your vision and your ideas are totally different from the agent ( persons working under you) their priorities are mismatched and vision may be completely different from yours. Let