Business Building
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Business Building
Companies That Have Successfully Implemented Out-of-the-Box Thinking, via Rory Sutherland:
Octopus Energy
They have a software division called Kraken
They manage utilities in a much more sophisticated pricing environment, like cheaper rates for charging cars after midnight
“It’s very much about marrying supply and demand.” – Rory Sutherland
They have a
If you’re a founder struggling with prioritizing a roadmap and defining a strategy:
embrace the chaos of reality and not be over-reliant on meticulous, inflexible planning. Instead of waiting for the perfect plan, take action and be prepared to pivot swiftly as opportunities or changes in the landscape arise.
make decisions fast and be ready to
Birkenstock IPO’d today at a ~$8B valuation.
Its CEO Oliver Reichert did a massive turnaround in the past decade: sales 5x’d from $125m in 2012 to $1.3B in 2022.
The wildest part: he has zero background in footwear or fashion.
Prior to taking over the top job... See more
I think we are trying to build a company that serves the people that use it rather than serves the company that we founded.
Ben Thompson • An Interview with Kevin Systrom and Mike Krieger About Artifact
Because big businesses aren’t built on gimmicks. You can blitz your way through Sand Hill Road and spike up the App Store charts on gimmicks, but you can’t actually use them to replace Gmail, or Salesforce, or Instagram, or Instagram, or Instagram, or Instagram. Even seemingly instant successes can’t become lasting companies without putting in the... See more
Benn Stancil • Why Are We Surprised That Startups Are So Freaking Hard?
excellence is mundane
One of the biggest reasons it gets harder to do new things as you get older is that new things are generally undignified at first (indeed, this is an excellent heuristic for discovering them) and the older you get, the more dignified you're expected to be.
Paul Grahamtwitter.com