(Disclaimer: x-posted from my blog)
I think a Silicon Valley founder team could scale up to 4-6 founders if it followed these guidelines:
Thoughts? Also: have some of these been tried before, if so what lessons were learned?
I agree with James here. This sounds like a bootcamp and not a startup.
Putting up such controls may temporarily boost efficiency but it will stifle creativity. One of the major reasons why individuals startup businesses is to free themselves from the confines of stringent rules and regulations usually found in the corporate world.
One needs to stop thinking about controls and figuring out how you are going to sell your next product/service. Focus on the things that really matter.
I would love to see the discussion as to who is the actual boss. I think (1) will be flawed.
(3) is flawed, as working 10hrs/day for some indefinite period will lead to incredible burnout, and anything that gets developed will have serious problems, which will doom the company.
(2) would be annoying, as, I may be deep in thought, solving a tricky problem, when it is time for the snapshot, breaking my concentration, and then it will take me a while to get back to where I was when I was interrupted, hence annoying me more.
Why not just have 4-6 people that are passionate about the product, have a common vision that they are working toward, and everyone does what they can to achieve that, realizing that it is more important to get something released quickly and add new features in a timely fashion than spending longer trying to get a perfect product.
I may be at the gym exercising, or sitting on the beach reading, but that doesn't mean I am loafing, but, I may be solving some tricky problem by moving to a place that is more relaxing, so I can concentrate on the problem with fewer distractions.
I would be annoyed under this system, and would probably be out the door before you got done explaining the third requirement.