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It's not centralized businesses that inevitably fail, it's businesses that become top dog that inevitably fail. If you own a company and want it to last throug
by Dalewyn 3y ago
It's not centralized businesses that inevitably fail, it's businesses that become top dog that inevitably fail.
If you own a company and want it to last through the ages and you aren't literally the only guy in town, never become number one. Aim high, but don't hit the top.
The same can be said for countries and practically any organization or group. You stay an underdog if you do not want to ever fail.
- dizhn 3y agoThis doesn't make intuitive sense. Are you sure you're not seeing the results of survivorship bias? Or is there a mechanism in place that kills top players?
- Dalewyn 3y agoIt's because once you're top dog, you stop aiming high and start maintaining your top spot. You stop being ambitious and innovative, instead you start being anxious and wearing rose colored glasses. That leads to complacency, corruption, and delusion, ultimately leading to failure. Everyone and everything from mundane individuals to megacorporations and empires have all fallen from grace once they became top dog. No exceptions. If you want to last, aim high but don't become top dog.