Transforming Your Business: Building Off Current Power and Starting From Scratch

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Transforming is a worthwhile topic
Understanding the power of your current business is a starting point for transformation
Building off of your current business creates a preferable risk-return prospect
If you can't build on your current business, starting a new business is necessary
Repurposing assets is important when starting a new business
Analyzing successful companies can provide insights for generating value
Satisfying the same needs and using the same skills are important dimensions to consider in transformation

7 Powers author Hamilton Helmer and his Strategy Capital colleague Chenyi Shi join us again to discuss their latest research on a topic that’s highly relevant to the recent Acquired canon: how to build a second business line. This incredibly important “transforming” question faces every great company who has achieved initial product success (as well as their investors). Do we continue solely along the established path, or do we attempt to grow new branches on the tree? Some companies grow new businesses with tremendous success — Amazon and AWS, Nintendo and video games, Nvidia and CUDA — yet many others fail miserably. For the first time Hamilton and Chenyi share their research-based playbook on how companies should approach this decision and choose wisely. Tune in!

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Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.