4 ms·
> I’ve long believed that speed is the ultimate weapon in business. All else being equal, the fastest company in any market will win. That doesn't follow. "All
by maest 11y ago
> I’ve long believed that speed is the ultimate weapon in business. All else being equal, the fastest company in any market will win.
That doesn't follow. "All else being equal, best execution in any market will win". Does that mean, that good execution is the ultimate weapon in business?
Off topic: based on the title, I was expecting some drug addict stories.
- pennaMan 11y agoI too thought it would be about the drug. But reading it, it's not even that far off, sounds a lot like an addict story. (Not the regret-filled, heroin or meth drug stories. The happy recreational use ones). This guy makes me seriously start questioning my career path in the industry.
- thecupisblue 11y agoI was expecting about how the CEO does speed and how it impacted his work life. Too bad.
- vidarh 11y agoIn fact, all else being equal, the fastest company might just as well burn through all their cash and go bankrupt faster than the competition. "All else being equal", if that means all the companies in questions are on the same profitable trajectory, the fastest company probably will win. The problem of course is that all else is never equal, and speed generally comes at a cost, which means there are plenty of scenarios where opting for a slower approach will be better.