podcast - knowledge-project 67 with Jim Collins
At 58:00 ... link not tracked... personal
Your link not tracked... the thing you like
At 1:07:00 he talks about the link not tracked and about how each step in the flywheel needs to be well understood and inexorably lead to the next step. He gave the example that lowering prices will definitely bring more people to the site and create more people to the site will definitely make more third-party resellers want to sell on the site and etc. and that forms a virtuous cycle will continue.
At 1:11:00 his personal flywheel consists of curiosity driving him to use his standard research techniques which drive him to Prom Kia chaos to clarity or something like that And when you come up with these insights you can't help but want to write and teach
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^personal-flywheel
At 1:52:00 the second stage of the decline of great companies he was undisciplined pursuit of more
At 1:59:00 if you're going to fire a bullet, you need to make sure that it is very high-quality, because otherwise if it is unsuccessful you will wonder whether you could have done something else to make it, and you will second-guess the results you see.
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^high-quality-bullets