Evidence receipt / recommendation
Published · transcript-backedHamilton Helmer: recommendation
6 Apr 2022 Acquired Platforms and Power (with Hamilton Helmer and Chenyi Shi)
“Seven Powers was an attempt to take an understanding of strategy and make it generally available as sort of pattern recognition—Chenyi I think uses that term which I liked a lot—for founders and people that are interested in trying to create great strategies and make their companies successful.”
Source trail
Everything needed to verify it.
- Speaker
- Hamilton Helmer
- Attribution
- Verified speaker
- Claim type
- recommendation
- Recorded
- 6 Apr 2022
- Publisher
- Acquired
Transcript context
…For sure. All right, with that David, let's dive into our interview with Hamilton and Chenyi discussing platforms and power. Seven Powers was an attempt to take an understanding of strategy and make it generally available as sort of pattern recognition—Chenyi I think uses that term which I liked a lot—for founders and people that are interested in trying to create great strategies and make their companies successful. The reason it needed to be decentralized is that there are really two major step changes in the value of a company. The first is product-market fit and the second is getting power. They are quite distinct and involve different things. Peter Dill gets at it in his book with his x- and y-axis. You create x value, but you only get to keep y percentage of it and x and y are independent variables. The thing is that each of these involves an invention. It means there's a creative activity involved. When you look at something that involves invention and creativity, it means guess what, it's the inventors that do it. The idea behind Seven Powers and Strategy 3.0 is to put into the hands of those who are capable of inventing a way of looking at the world that gives them a little bit more acuity about what will work and what won't. Specifically, what will work and what won't on developing power not finding product-market fit, but the second piece.…
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