7 Powers

“Chance only favors the prepared mind.”

As a consequence, the “price” of share usually does not reflect its intrinsic long-term value

cultivate the necessary

imparts a crucial “When?” lesson: the takeoff period represents a singular time. Only then can you initiate three important types of Power: Scale Economies, Network Economies and Switching Costs. If unrealized, these opportunities disappear forever afterward

launching Operation Crush

Will the new features be differentially attractive enough to drive share gains? And (2) will the existing competitors be sufficiently delayed in their response

A lot of times, people don’t know what they

explore this customer value side

Can an intellectual discipline meaningfully contribute to a craft

By bringing to rein the cost of content, Netflix forged powerful Scale Economies and hence Power