What's the Difference Between Strategy and Execution?

In Episode #2, we explore building and writing the world’s best bundle. We’re joined by Nathan Baschez, Co-Founder and CEO of Every. We cover nonfiction books as secondary education, applying business strategy to personal life, and advice for aspiring strategic leaders. “If you have weak, scattered, or non-systematic observations about the market driving your decision making process, you can make some pretty bad decisions, even if you get all the strategy concepts right.” — Nathan Baschez EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/nathan-baschez-outliers-show-notes  FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/nathan-baschez-outliers-transcript  CHAPTERS This episode is our definitive guide to building and writing the world’s best bundle. In it we cover: (00:01:49) – Nathan’s early career, including co-creating Product Hunt (00:07:04) – Creating Hardbound (00:19:51) – Nonfiction books as a form of secondary education (00:22:12) – Learning from losses and changes at Hardbound and Substack (00:26:52) – How Nathan became interested in and focused on business strategy (00:31:30) – Applying business strategy to personal life (00:35:19) – Feedback loops in business growth (00:37:55) – Models for thinking about business strategy (00:49:40) – Nathan’s research and writing routines (00:58:05) – Mental models and frameworks Nathan refers to most when writing about a company or industry (00:59:49) – Advice for young people aspiring to be strategic leaders ABOUT EVERY Nathan Baschez is Co-Founder and CEO of Every, a bundle of 10+ newsletters, podcasts, and shows covering productivity, strategy, and the passion economy. Nathan helped create and launch Product Hunt and served as the head of product at Gimlet Media, which was acquired by Spotify in 2019 for $230 million. He then joined Substack as VP of Product, and now he writes and publishes a paid newsletter that's all about business strategy called Divinations. But there's more to the story. Divinations is part of a subscription bundle that Nathan and his Co-Founder, Dan Shipper, are building called Every. They describe Every as a bundle of the best modern business writing.  💌 FREE NEWSLETTER https://www.outlieracademy.com/newsletter 🎙 LISTEN ON iTunes: https://podcasts.apple.com/us/podcast/outlier-academy/id1523851182 Spotify: https://open.spotify.com/show/58edVNgqaPNaCSGSxM6pef?si=88f37a5d20434775 Overcast: https://overcast.fm/itunes1523851182 ABOUT OUTLIER ACADEMY Learn timeless lessons on work and life from iconic founders, world-renown investors, and bestselling authors. Outlier Academy is the forever school for those chasing greatness. Past guests include Gokul Rajaram of DoorDash, Scott Belsky of Benchmark and Adobe, Joey Krug of Pantera Capital, Mark Sisson of Primal Kitchen, Luke Gromen of The Forest for the Trees, and Brian Scudamore of 1-800-GOT-JUNK. Website: https://www.outlieracademy.com Twitter: https://www.twitter.com/outlieracademy ABOUT DANIEL SCRIVNER Outlier Academy is hosted by Daniel Scrivner. Over the last 15 years, Daniel has led design teams at Square and Apple, turned around a $3M+ ARR SaaS business, and invested in more than 100 companies. He launched Outlier Academy in 2020 to learn from the world’s best founders, investors, authors, and peak performance experts. Website: https://www.danielscrivner.com Twitter: https://www.twitter.com/danielscrivner Learn more about your ad choices. Visit megaphone.fm/adchoices