How do you make decisions in your team? A framework to decide on everything in your startup.

Hey,

We as a group of 5 people in our startup, struggled to decide on important subjects and created a decision system that is fair for everyone in the startup to decide on important stuff (what to work on, administrative decisions etc.)

The system is inspired by Ray Dalio's book, Principles. He explains that a believaility-weighted idea meritocracy is the best system for making effective decisions.

Here is how it works:

Authority distribution

The system first needs a authority distribution to work. Everyone has 1000 points to distribute the authority among all members except themselves. You give more points to people who you want to have more weight in decisions to be made. After everyone in the team distribute their points, the system creates a weighted average of the authority points for everyone. However, these points are kept secret, no one knows what theirs or others' authority levels are. This way, votes will not be affected by personal conflicts etc.

Voting types

Here are some voting types that we use in our startup
Leader selection: Best way to select leaders in specific areas. (eg. Who should be the one to consult in a technical problem?)
Partnership shares: Who is adding more value to the company and who should have more share in the company?
Standard voting: Important decisions with the weighted authority scores.

What do you think about idea meritocracy? Do you think making decisions in small teams is a problem you need to be solved?

We have built a slack bot around this idea. If you would like to use this in your team, please let me know, so I can polish the code and submit it to the Slack App Directory.