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A batch of the best highlights from what Felicity's read, .
In the same way, a good business strategy deals with the edge between the known and the unknown. Again, it is competition with others that pushes us to edges of knowledge. Only there are found the opportunities to keep ahead of rivals. There is no avoiding it. That uneasy sense of ambiguity you feel is real. It is the scent of opportunity.
Good Strategy/Bad Strategy
Richard Rumelt
> **How would you like ChatGPT to respond?**
> I paste in specific instructions to help AI edit my writing:
> *I will often ask you to edit my writing. I want my writing to:*
> 1. *Be concise and actionable with a conversational tone.*
> 2. *Use simple words that get straight to the point.*
> 3. *Create a curiosity gap in the first few sentences.*
Fwd: 💫 Day 3: How to Build Your Personal AI Writing Assistant
Felicity Bodger
If you’re working on a strategy for a whole product, then the superpowers that you might have can be split into 7 categories:
• **Network effects** – Each user enjoys more value as new users join the network
• **Scale economies** – Unit costs decline as volume increases
• **Switching costs** – Switching to an alternate product would be costly or painful for users
• **Counter positioning** – Where a new product’s business model or value proposition cannot easily be copied by incumbents as it would damage their existing business
• **Cornered resource** – Unique access to a valuable asset
• **Branding** – An objectively identical offering has higher perceived value
• **Process Power** – Embedded company culture and process which enable lower costs and/or superior quality
How to Write a Product Strategy in 1 Day / 1 Week / 1 Month
Aakash Gupta
...catch up on these, and many more highlights
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