Your Network Is The People Who Want

Times Of Economic Crises Can Change What The Competitive Landscape Looks Like, Because When, For Example, You Have Boom Times, Capital Is Easy To Come By, Growth Is Easy, Sometimes What You Focus On Is, You Know, How To Accelerate In The Boom. During Economic Crises, The Question Is, The Companies That Come Out Of, You Know, That Are Sailing Through That With The Best Liquidity, Both Assets On The Balance Sheet, Making Money, Ability To Grow Their Businesses, Get A Disproportionate Competitive Advantage.

Boom And Bust Cycles Are Very Difficult For Businesses Because You're Hiring A Bunch Because You're Planning For The Future. And If The Future Is Going To Be Very Big, You Need To Hire People, Or Suddenly You Go To Boom To Bust, Then All Of A Sudden, You're Kind Of Battening Down The Hatches And Trying To Sail, You Know, Through The Storm, It's A Different Thing. So Part Of It Is Making Good Decisions About, Well, How Long Is A Boom Cycle Going To Be, You Know, Don't Plan On It Going Forever.

The Challenge When You Think About Product Distribution Is: How Are You Competing For Potential Customers Or Potential Members Time?

The Question Is: How You Cross Uneven Ground, How You Assemble Networks Around You.

If You Are Not Embarrassed By The First Version Of Your Product, You've Launched Too Late.