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Finally scalability;
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to what extent can we start with something small
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and grow something enormous?
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The three forms vary importantly in each of these five dimensions,
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and I'm afraid I'm going to walk you through them.
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The chain of accountability in a proprietorship is pretty simple.
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I own it, I run it, I'm the boss.
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I hire and fire the employees, I make the business decisions,
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I don't submit plans to anyone else, I just do it.
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In a very small enterprise, that has its advantages.
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In a partnership things are more complicated.
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The trouble with a partnership is this: