Business
Competition should not occupy the center of strategic thinking.
W. Chan Kim • Blue Ocean Strategy
josh added 8mo
Entrepreneurship and hard work, not dynastic inheritance, is the primary path to a nine- or ten-figure net worth. Around three-quarters of the wealthiest 1% of American families
own
privately held businesses (compared to 5% of families in the bottom half of the wealth distribution), with business assets accounting for more than one-third of their ba... See more
own
privately held businesses (compared to 5% of families in the bottom half of the wealth distribution), with business assets accounting for more than one-third of their ba... See more
Michael R. Strain • In Defense of Billionaires | by Michael R. Strain - Project Syndicate
josh added 10mo
The creators of blue oceans, surprisingly, didn’t use the competition as their benchmark.17 Instead, they followed a different strategic logic that we call value innovation. Value innovation is the cornerstone of blue ocean strategy. We call it value innovation because instead of focusing on beating the competition, you focus on making the competit
... See moreW. Chan Kim • Blue Ocean Strategy
josh added 8mo
“Strategy is accepting that you are doing something better than the other and the other is doing something better than you. You have to pick your fight.”
- Axel Dumas, CEO of Hermes
josh added 9mo
josh added 10mo
“Somebody may beat me—but they’re going to have to bleed to do it.” from Shoe Dog.
josh added 1y
Talk doesn't cook rice
josh added 9mo
Your company will grow as quickly as your customers determine it will grow.
Sahil Lavingia • The Minimalist Entrepreneur: How Great Founders Do More with Less
josh added 1y
With really good product-market fit, you can run your company like California and still be successful.
josh added 9mo
Our company will grow as quickly as our customers decide it will grow.
josh added 1mo