Exploring the significance of threshold limits in systems and the impact of network effects using basketball teams and telephones as examples.
Ever wondered how companies like Amazon, Google, Uber, and Facebook grew to be so big? The answer isn't luck, chance, raising capital or timing... It's something much deeper than that...The secret behind all of these companies' success is something called a "Flywheel". If you have a flywheel in your business you will enjoy exponential growth. If you don't have a flywheel the best you can ever hope for is linear growth...The truth is that most companies don't have a flywheel -- They actually have an "Anti-Flywheel".
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