Showing posts from November, 2019

The Magnet Strategy

How do you continue growth at scale? The larger a company grows, the more difficult it becomes for it to keep growing at the same rate. For example, it is easier to grow 20% per year for a $1B company than for a $100B company. What do you do when the market a company is serving gets saturated, i.e. the company achieves a dominant share and it becomes difficult to acquire new customers in that market because of increased customer acquisition cost? You can expand to other markets but that might require different products and different prices. And, there is the risk of affecting the company's brand in its current market. You can acquire other companies but there is a risk of cultural misalignment in integration. Hence, there are limited options to continue growth when you are very big.  The Magnet Strategy  Digitization is making it easier for the dominant tech companies to expand into new markets currently served by old incumbents. I call it the Magnet Strategy because the

The Mind

Art communicates the unexplainable, Science proves the explainable.  Religion provides certainty about the future,  Psychotherapy makes sense of the past.  Meditation makes it easier to live in the present,  Movies help escape the present.  Social Media brings attention, Reading takes attention.  In the end, it is all made up by the mind to occupy the mind. 

Las Vegas

The farthest I have been away from open skies is in the middle of the desert in Las Vegas. 


A contract is as good as the abilities of its signatories to enforce it.