Talent is indispensable, although it is 'always' replaceable. Just remember the simple rules concerning talent:
And when the time comes, Fire It.
I have one talent, and that's figuring out what people want about two minutes before they know it themselves.
When you come across real talent, it is sometimes worth allowing them to create the structure in which they choose to labor. In nine cases out of ten, by inviting them to take responsibility and control for a new venture, you will motivate them to do great things.
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