Defining Your Flywheel and Igniting Momentum

The first key idea is to define your flywheel, a coherent framework that defines what your business is building and how it creates value. As exemplified by Vanguard's flywheel, each component in the flywheel should catalyze and build momentum upon one another. It's important to understand that building greatness is not achieved through a stroke of luck, but through consistent execution of the strategy outlined in the flywheel.