Is Blitz scaling the greatest business book of all time ?
The following are cliff notes from the recent classic Blitz Scaling by Chris Yeh and Reid Hoffman.
The book touches on the important topics of:
1. Business model innovation
2.Strategy innovation 40 percent AGR
3. Distribution leverage
4.Virality
5. Massive Network effects
6. How a Good market product satisfies that market
7. Anticipating the effects of Moore’s law or the equivalent
8.Adaptation over optimization
9.The mechanism of actions
10. Most great ideas are not obvious
Some of the key takeaways are
What important truth do very few people agree with you on?
Brilliant thinking is rare !
Courage is in even shorter supply than genius.
A big new opportunity often arises where the market size and gross margins intersect to create enormous value .
It isn’t the 1st to market but the 1st to scale that succeeds.
Economies of scale
Climb the learning curve
Reason to blitz’s scale
Can someone else realize this opportunity before me
How to apply in An ICO is not in the book but Doc.com is using Blitz scaling concepts
The CEO Charles Nader is using the concepts he learned in the class.
Docademic is building a massive user base and growing a token economy using the techniques from the book.
The book also covers
OODA loop@
Observe
Orient
Decide
Act
Raise too much money-as long as u don’t spend like it
Questions that should be clear to every employee
What is your organization trying to do ?
How are you trying to achieve these goals ?
What acceptable risk are you incurring to achieve these goals more quickly?
When you have to trade off certain values which ones take priority?
What kind of behavior do you hire promote fire for ?
The people that you hire make your culture
Day 1 mentality
Experiment patiently
Accept failures
Plant seeds
Protect saplings
Double down when you see customer delight
Defending against blitzscaling? And responsible blitzscaling
Categorized risk
Known be in known risk
How do you respond
Take decisive action now
Act now
Act later
Let it happen
Blitz scaling is
Currently concentrating in software and internet
Next Could be
Healthcare
Longevity
Quantum computing and AI
Conclusion
Speed and certainty are the new stability networked age!
