Digital communities are built upon a foundation of network effects. Learn about network effects to build a digital community.
Tag: compounding
Viral Network Effects & Compound Growth & Game Theory
Standardized education is broken. To improve it we must adapt it to a curriculum for the Information Age. This essay is a focus on where and why the curriculum must change.
Focusing On The Process
Incremental growth requires that you build a process that can be improved over time. Iteration leads to process improvement. Process improvement leads to perfection. And not all processes scale well.
Serendipity
Consistent and intentional action are the greatest drivers of serendipity. Purposeful action and a commitment to consistent follow through is like positioning yourself for luck.
Accumulated Advantage
Want to win in the long run? Avoid fatalistic mindsets. Instead, focus on the things you can control, on incremental improvement and on compounding value over time.