what is yours?
as an individual, as an organization.
mine: acquire knowledge, apply knowledge
context:
throughout my years of trying to build a business, I learned that you need to have some unfair advantage over the competitor. I thought about it and realized that the best unfair advantage will be that you cultivate within you or within your organization.
any external unfair advantage could easily be bought ( ask Airtel, JIO did it to them )
But cultivated unfair advantage is much harder than just buying it ( ask Hike, WhatsApp market share has been growing even after no advertisement )
this concept of CUA ( cultivated unfair advantage) factor could be extended to individuals as well.
we all like to be surrounded by winners and people who have better abilities ( survival mode reasoning).
CUA factor is much harder to come by, but once it does; it has a compounding effect on increasing the probability of success of the entity.
acquire knowledge, apply knowledge.
as an individual, as an organization.
mine: acquire knowledge, apply knowledge
context:
throughout my years of trying to build a business, I learned that you need to have some unfair advantage over the competitor. I thought about it and realized that the best unfair advantage will be that you cultivate within you or within your organization.
any external unfair advantage could easily be bought ( ask Airtel, JIO did it to them )
But cultivated unfair advantage is much harder than just buying it ( ask Hike, WhatsApp market share has been growing even after no advertisement )
this concept of CUA ( cultivated unfair advantage) factor could be extended to individuals as well.
we all like to be surrounded by winners and people who have better abilities ( survival mode reasoning).
CUA factor is much harder to come by, but once it does; it has a compounding effect on increasing the probability of success of the entity.
acquire knowledge, apply knowledge.
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