3min chapter

The Knowledge Project with Shane Parrish cover image

#110 Jim Collins: Relationships vs. Transactions

The Knowledge Project with Shane Parrish

CHAPTER

The Fly Wheel Is a Two-Piston Machine

The point of the fly wheel is to generate resources that get siphoned out of the fly wheel. They're really the purposes to have that fly wheel generate cash to other people, to allow you to cash out and sell the company to somebody else. That's siphoning fuel. And one of the great battles that we continue to have is the basic battle between, are you ultimately built to last, or built to flip?

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