Flywheel Effect: Positive Feedback Loops - Eric Jorgenson — Eric Jorgenson
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Flywheel Effect: Positive Feedback Loops - Eric Jorgenson — Eric Jorgenson
That’s one of the lessons of balancing loops with delays: that aggressive action often produces exactly the opposite of what is intended. It produces instability and oscillation, instead of moving you more quickly toward your goal.
Peter M. Senge • The Fifth Discipline
Momentum is Everything
Most founders implicitly realize that in order to get a startup off the ground you need to will it into existence and keep momentum high.
This is good for the startup but it’s also essential for the founder — when momentum is high most founders feel more optimistic about what they’re building, which is obvious to anyone they’re... See more
Most founders implicitly realize that in order to get a startup off the ground you need to will it into existence and keep momentum high.
This is good for the startup but it’s also essential for the founder — when momentum is high most founders feel more optimistic about what they’re building, which is obvious to anyone they’re... See more
Superhuman
flywheel is a heavy circular weight that can be used to store energy. Apply energy to the wheel and it begins to spin. It starts slowly due to its natural inertia, however, the more energy you apply to the wheel the more momentum you build up and the faster it spins. At some point, you can stop applying energy and the flywheel will keep spinning on
... See moreAndy Budd • The Growth Equation: How Early Stage Startups Can Build a Powerful Engine for Growth
resource engine. Does the flywheel fit
Jim Collins • Turning the Flywheel: A Monograph to Accompany Good to Great
Once you fully grasp how to create flywheel momentum in your particular circumstance (which is the topic of this monograph) and apply that understanding with creativity and discipline, you get the power of strategic compounding. Each turn builds upon previous work as you make a series of good decisions, supremely well executed, that compound one up
... See moreJim Collins • Turning the Flywheel: A Monograph to Accompany Good to Great
[To determine a companies flywheel,] i'd start a list:1. What are the core assets of your business? e.g. cars, content, hardware devices2. What are the core actions users take? e.g. signing up, inviting friends, purchasing3. What are the core needs of your users? e.g. something to watch, a ride, discounts4. What are the natural outputs of your busi... See more