I have been asked by Mark Suster to retract this post, but, after a brief Twitter exchange, I hope he will accept instead my hard edit, including his full paragraph quotes.
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Mark Suster, whose blog and general insights I always find very interesting (and sometimes very entertaining), has officially jumped the shark and, seemingly, I am the only one to have noticed.
In his response to Vivek Wadhwa’s TechCrunch post on whether entrepreneurs are born or made, Mark made a few far-fetched and sometimes contradictory arguments against the allegation that entrepreneurship can be taught. One in particular, however, made me reread it a half dozen times to make sure I actually read what I thought I did:
If you take 2,000 of the world’s top performing companies, only 29 (1.5%) are run by women. They run only 15 of the Fortune 500. It’s a fact, women aren’t good at running companies [emphasis mine]. If they were they’d be running more successful companies. In fact, data proves that white, middle-aged men are the best at running companies because they run the most successful ones. Of course I don’t believe this argument. But you can take data to say whatever you want to say by using it out of context.
Let’s acknowledge the possibility that Mark’s tone does not reflect his opinion of women, as he states at the bottom of that paragraph. The above says, to me, that yes, data would seem to suggest women suck at running companies, regardless of what I believe. Coming to a random conclusion about such data, however, exhibits opinion (…but that’s just me). It is also very different than saying data is being used out of context. Either way, Vivek did not appear to be doing either in his post. He was simply trying to craft a conclusion to the empirical data he gathered, and I would venture to say he, as well as that data, was not so much arguing for nurture as he was against nature-only. Akinning that conclusion to the above paragraph is comparing ripe apples to rotting oranges. (The more logical argument here, made by a commenter, is that correlation between education and entrepreneurship does not imply causation.)
Mark’s first error is to pre-assume only one explanation for results, which, in reality, could have dozens of explanations, and have that one be based on seemingly nothing but existing preconceptions, rather than facts.
Continuing with the example above for fluidity, I will venture to say that there are numerous reasons why there aren’t many women running Fortune 500 companies, many of which are not female-nature-related. Wadhwa raised many of them in a prior TechCrunch article. Some that instantly come to mind are:
- Women bowing to social expectations to get married, start a family and raise it. While it’s not the 1950′s anymore, the construct and gender roles still exist. Women who put career before family are still looked down upon in many communities. This shouldn’t be news, but if it is, it’s probably worthwhile to make more female friends.
- Much of getting ahead in big corporate environments comes from “networking” outside of work and many of the locations and environments of those events may not be such where women feel comfortable finding themselves. Women sucking at golf or not being able to hold their liquor are probably the only nature-related arguments you can make here.
- Fortune 500 companies are just a small sample of the macrocosm of businesses and may not be representative of the managerial landscape at large.
- Many women simply choose not to pursue management or entrepreneurship, not because they know they wouldn’t be good at it but because they’d rather do something else.
- Pre-conceived notions about women’s abilities to run companies causing a selection bias against women….(I hope you see what I did there)
The point I’m trying to make is that there may not be many women running America’s top firms for reasons other than them being bad at running companies. Therefore, in no way can the Fortune 500 management statistic in any way imply that women aren’t good at running companies. Coming to that conclusion, therefore, is making a logical fallacy.
Mark’s second error is to seemingly acknowledge the role of these external forces, as opposed to inherent abilities or lack thereof, as soon as it became necessary to do so, just to contradict Wadhwa’s statement of research results (note: not opinion).
One of the results Wadhwa mentioned in his post was that in his study of entrepreneurs, “we found that the majority did not have entrepreneurial parents. We found that 52% of the successful entrepreneurs were first in their immediate families to start a business.” It’s much easier, as well as much more rational, to argue conclusions as opposed to facts. However, Mark responds to this seemingly un-argumentative statement, showing what looks to be a random distribution of entrepreneurial success, with the following:
What is implied is that if it were nurture [I think he meant "nature"?] then your parents would be great entrepreneurs. Just like the way that all sports stars and all rock stars have famous parents, right? This argument is flawed. First, your parents may have had the DNA characteristics to be a successful entrepreneur but life’s circumstances might not have led them to those careers. Or maybe your parents had the right DNA but the 10,000 hours weren’t there. PC’s weren’t there. The Internet wasn’t there. So they chose other careers. Or maybe your parents didn’t have the DNA but you did. Kind of like a guy who can hit a 98 mile-per-hour fastball might have had a dad who couldn’t. Or … maybe entrepreneurship is nurture and not nature. Maybe I’m wrong. But this argument, wrapped in “data” is false evidence and is flawed. What your parents did does not feature in the argument about whether entrepreneurs are born or made.
Firstly, the “nature” argument does not in fact imply that your parents have to be famous entrepreneurs for you to be one, but they should probably exhibit some entrepreneurial qualities. Your predecessors (not even just parents, because genes can be recessive) don’t have to be successful entrepreneurs, but they probably should strive towards it in whatever manner is period-appropriate. To say that nature is responsible for Shaq’s success as a basketball player is to say his father was probably tall, quick, and agile but not that his father played for the NBA. This is based on your argument that entrepreneurship is in your DNA. The only rebutal to the above argument, therefore, would be a claim that entrepreneurial genes are inherited randomly, thereby explaining lack of correlation to parents’ entrepreneurial qualities.
Secondly, in the above quote, the effects of “nurture” suddenly come into play for Mark. He seems to acknowledge the fact that outside forces, even when combined with all the right DNA, can affect the career path a person chooses. Therefore, doesn’t it seem plausible that the same is true of women in business? Isn’t it possible that women have the same DNA-driven predisposition towards good management as men but, due to the lack of certain resources, choose not to go down the management path?
My point here is that as a believer in 80% nature, Mark was not actually able to present any logical arguments for it, while overwhelming his point with illogical disagreements for nurture. He may disagree with the conclusions that Vivek drew in his post, but it’s tough to refute data underlying them. In fact, Mark was doing a little projecting in implying Vivek manipulated data. All he had done is show that there is in fact some evidence–not necessarily overwhelming evidence–that entrepreneurship can be learned. Most of the statistics, in fact, are in the 40-60% range, demonstrating some evidence that entreneurship’s causes are almost perfectly random. That doesn’t prove or disprove either nature or nurture; it just is.
As far as Im aware, today, we do not have impartial and statistically valid means of actually proving either the nature or nurture argument just like we cannot prove that women suck at running companies. My personal opinion is such: while it is true that for each individual person one may play a stronger role in his/her success (or failure) than the other, I’ve met enough people with opposite and equal weights in both to become convinced that there is no one answer and there is no clean 80/20 formula.
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