Saved by Patricia Mou
On Competitive Advantage
Undervalued competitive advantages in business: network effects, customer lock-in, high switching costs, and performance
Tim Ferriss • Legendary Investor Bill Gurley on Investing Rules, Finding Outliers, Insights from Jeff Bezos and Howard Marks, Must-Read Books, Creating True Competitive Advantages, Open-Source Strategies, Adapting Mental Models to New Realities, and More (#651) - The Blog of Author Tim Ferriss
Some obvious talent stack contenders include writing, time management, public speaking, sales and marketing, accounting, statistics, programming, and design, all of which can fuse with just about any core trade to give you an unassailable edge. Again, you don’t have to be world-class at any of these things—you just have to be better than the other
... See moreRichard Meadows • Optionality: How to Survive and Thrive in a Volatile World
Sources of personal competitive advantage:
- delayed gratification
- capital
- network (who you know)
- unique skills or combinations
- platform
- ability to suffer
- family / home life
- speed
- ability to change your mind
- ability to learn/adapt
What am I missing?
Shane Parrishtwitter.com