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Interview: Hamilton Helmer & Chenyi Shi on How to Build an AWS-Like Second Business
Acquired
The Importance of Thinking About Power
The proper path for founders is to think about product market fit and power simultaneously, rather than sequentially, as they make choices for their business. It's crucial to start thinking about power early, even though it may not be fully solved at the beginning. This approach leads to considering the seven genotypes of power, which simplifies strategy into a multiple choice question. The granular articulation and application of these genotypes can be complex and may require extensive effort to determine. An example highlighting the importance of power is the case of Porsche, which emphasizes the significance of power in decision-making and strategy.
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