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Interview: Hamilton Helmer & Chenyi Shi on How to Build an AWS-Like Second Business
Acquired
Identifying Distinctive Competencies and Challenges in Tech Companies
Identifying distinctive competencies is rare in tech companies. If you can't build on current power, you're back in invent space. Start by identifying current business power and be brutally honest. Figure out if there's a new business to launch or expand into. If not, look for the most fertile ground for a new business using existing capabilities for a different job for customers.
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