--- title: "Meaning & Key Takeaway of: I have started or run several companies…" description: "\"I have started or run several companies and spent time with dozens of entrepreneurs over the years. Virtually none of them, in my experience, made mean..." image: "https://sms4smile.com/quotes/i/942/andrew-yang-3669_business_i-have-started-or-run-several-companies_54204.jpg" --- # I have started or run several companies and spent time… ![“I have started or run several companies and spent time with dozens of entrepreneurs over the years. Virtually none of them, in my experience, made meaningful personnel or resource-allocation decisions based on incentives or policies.” quote by Andrew Yang](https://sms4smile.com/quotes/i/942/andrew-yang-3669_business_i-have-started-or-run-several-companies_54204.jpg) [Download](https://sms4smile.com/quotes/i/942/andrew-yang-3669_business_i-have-started-or-run-several-companies_54204.jpg) [Open image](https://sms4smile.com/quotes/i/942/andrew-yang-3669_business_i-have-started-or-run-several-companies_54204.jpg) > “I have started or run several companies and spent time with dozens of entrepreneurs over the years. Virtually none of them, in my experience, made meaningful personnel or resource-allocation decisions based on incentives or policies.” [Andrew Yang](https://sms4smile.com/quotes/author/andrew-yang/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Many entrepreneurs neglect to align incentives or policies when allocating staff and resources, leading to suboptimal decisions. **In simple terms:** Entrepreneurs often ignore incentive structures in resource allocation. Key Takeaway Align incentives with resource decisions. Themes Leadership Decision-Making Organizational Behavior Incentives Resource Allocation Mood Reflective Critical Analytical Type Observation Advice Insight When to use this quote - Startup founding - Scaling a business - Hiring decisions - Budget planning - Product development Key Concepts Incentive Alignment Strategic Planning Human Capital Management Practical Applications - Designing compensation packages - Creating policy frameworks for resource distribution Questions to Reflect On - How could incentive structures improve your current allocation choices? - What policies could you implement to ensure decisions reflect strategic goals? ★ ★ ★ ★ ★ No ratings yet [Business](https://sms4smile.com/quotes/about/business/) [Customer](https://sms4smile.com/quotes/about/customer/) [Decisions](https://sms4smile.com/quotes/about/decisions/) [Entrepreneurs](https://sms4smile.com/quotes/about/entrepreneurs/) [Experience](https://sms4smile.com/quotes/about/experience/) [Time](https://sms4smile.com/quotes/about/time/) ## Related quotes > [I may be a douche to some people, but I actually do run companies.](https://sms4smile.com/quotes/scott-disick/i-may-be-a-douche-to-some-people-but-i-actually-do-run-companies/) [Scott Disick](https://sms4smile.com/quotes/author/scott-disick/) > [I've always said that the better off you are, the more responsibility you have for helping others. 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