Recode Decode: “Good to Great” author Jim Collins
Decoder with Nilay Patel
00:00
Redefining Entrepreneurship and the Flywheel Effect
This chapter explores the evolution of entrepreneurship as a systematic process, emphasizing the importance of education in building enduring companies. The speakers also discuss their innovative research into what differentiates great companies from average ones, touching upon the stages of decline that organizations might face. Additionally, they delve into the flywheel principle as a means of building momentum in business, urging listeners to recognize the causal relationships that drive growth.
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