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Business Strategy
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Step Functions and One-percent Improvements - Summation by Auren Hoffman summation.net
https://summation.net/2020/09/10/step-functions-and-one-percent-improvements
  • "Business building happens by a series of 1% improvement. But business domination comes with step functions"
  • "If you want to build a $1 billion ARR business, you will need a step function along the way."
  • "We tend to lean into constant 1% improvements is that it feels really good"
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Saved to Business Strategy Craft Capital Auren Hoffman
over 3 years ago
diff.substack.com
https://diff.substack.com/p/business-model-meta-models
  • A very good primer on the different ways of thinking about business models, business plans, and business valuations. Lots of gems. The meta-models he lists are:
    • ROI vs Cost of Capital
    • Loops
    • Comparisons (Uber for X)
    • Supply chains and alternating commodities
    • Tam x Share x Margins
    • Company as an options trade (call vs put)
    • Multiparty negotiation (labor, capital, management, shareholders, govt)
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Saved to Loops Business Strategy Byrne Hobart
over 3 years ago