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Only Win-Win Relationships Compound
Compounding is the most powerful force in the universe, and yet we don’t think to apply it to human relationships.
There are a few key points to understand about compounding:
Most of the gains come at the end, not the beginning.
You never want to go back to zero.
The longer you keep things going, the bigger the gains.
Let’s apply what we’ve learned so far to relationships.
The Four Types of Relationships and the Reputational Cue Ball
fs.blog
The health of an organization is directly proportional to the speed at which truth travels within it.11 Real truth is anti-mimetic by its very nature—it doesn’t change depending on how mimetically popular or unpopular it is. The quick and easy diffusion of truth combats destructive mimesis and rivalry. Mimesis bends, disguises, and distorts the truth. When the truth moves slowly in an organization—or when it is constantly bent to the will of certain people—mimesis dominates.
Capital: a true moatThe tech industry doesn’t talk about capital as a moat, probably because it benefits those that have already made it. But Azure proves that it works: it spent billions to achieve economies of scale, but the prize is a comparably massive profit center.In recent startup history, massive capital scale often has failed to change the trajectory of companies: think of the SoftBank mega-rounds that went sideways. Even in the case of Uber, a relatively good company with economies of scale, capital hardly helped: the equity has been roughly flat for the past seven years.
Don’t Forget Microsoft
luttig.substack.com
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