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Interview: Hamilton Helmer & Chenyi Shi on How to Build an AWS-Like Second Business

Acquired

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Identifying Distinctive Competencies in Tech Companies

Before the concept of core competencies, there was a term called distinctive competencies. These are rare and hard to come by. Many tech companies have similar capabilities, making it difficult to stand out. If you can't build near current power, you have to accept this reality and be innovative. Step one is to identify the strengths of your current business honestly and in detail. Step two is to explore new opportunities within that strength.

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