Strategy

Chicken And Egg Strategy Problems – What is it?

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Explore solutions for Chicken and Egg strategy issues in startups and platforms.

Chicken and Egg strategy problems occur whenever the value proposition to two separate groups is dependent on penetration in the other. An example is an auction site like eBay, with the number of buyers driving attractiveness to sellers, and likewise the number of sellers driving attractiveness to buyers. This situation will power a virtuous circle once an … Read more

What Is the Flywheel Concept in Business?

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Business man signing papers on his work desk

The flywheel concept in business is a strategic approach where small, consistent actions build momentum, leading to significant long-term growth. This concept emphasizes how repeated efforts can accumulate and create powerful forward motion. Forget about quick fixes. The flywheel requires patience and persistence. But you will pay for it, believe me. The results of such … Read more