10min chapter

The Art of Manliness cover image

10 Unchanging Ideas for Navigating an Ever-Changing World

The Art of Manliness

CHAPTER

The Danger of Success and the Importance of Recognizing Competitive Advantages

This chapter explores the phenomenon of successful companies losing their competitive advantage over time and the role that fear and anxiety play in driving success. It highlights examples such as Sears, Kodak, AIG, and Citigroup, and stresses the importance of recognizing competitive advantages to avoid downfall. The chapter also discusses the power of incentives in understanding people's behavior and the importance of pushing back against negative incentives in various professional fields.

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