
Zappos, which makes a regular appearance on Forbes’ list of 100 best companies to work for, has turned the corporate rulebook on its head by implementing a self-management system called “Holacracy”. The company’s 1,500 employees define their own jobs, salaries and have a say in how the company runs – a concept which is becoming increasingly more popular.
At the same time as he started adopting the system, Hsieh embarked on another project. So far, he has invested $350m (£221.78m) into transforming Las Vegas into a thriving business area. He also created the somewhat controversial Downtown Project, including a $50m (£31.68m) investment in local companies, to revitalise the district. Hsieh chooses to live in the trailer park he owns, according to a recent profile in The New York Times. The trailer park is “crammed with shiny silver Airstreams that are rented out to visiting computer coders,” according to David Gelles at The Times. “I’ve probably lived in ten places in my entire life, and this is definitely my favourite so far,” said Hsieh.Tony Hsieh tinkers with‘urban camping’ in Airstream trailers http://t.co/w7N9DjaKOY#DowntownProject#DTLV#Vegaspic.twitter.com/GSedQ2tiCq
—Las Vegas Locally (@LasVegasLocally) January4, 2015
Tony Hsieh has $820 milnet worth but lives in an #Airstreamin a trailer park w/ an alpaca! http://t.co/1bPFyg1BHxpic.twitter.com/iji5A7XsXl
—Susie Blackmon (@SusieBlackmon) July20, 2015
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