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The flywheel concept can create momentum in business from "summary" of Beyond Entrepreneurship 2. 0 by Jim Collins
The concept of the flywheel is a powerful metaphor for understanding how momentum can be created in business. Just as a large, heavy flywheel takes a lot of effort to get spinning initially, once it is in motion, it becomes easier to keep it moving. In the context of business, the flywheel represents the cumulative impact of small actions and decisions that build on each other over time. By focusing on a few key areas and making consistent progress in those areas, a company can gradually build momentum that propels it forward. This approach is in contrast to the idea of quick fixes or silver bullets that promise immediate results but often fail to deliver sustained success. Instead, the flywheel concept emphasizes the importance of patience, persistence, and a long-term view. O...
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