Flywheel Effect: Why Positive Feedback Loops are a Meta-Competitive Advantage - Deepstash

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Flywheel Effect: Why Positive Feedback Loops are a Meta-Competitive Advantage

medium.com

Flywheel Effect: Positive feedback loops that build momentum, increasing the payoff of incremental effort.

When good things you do lead to more good things “just happening”.

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The Flywheel Effect is used to describe a handful of concepts at once, which are rarely split apart:

  • Momentum: Flywheels are hard to get moving. If they get moving, they are likely to continue.
  • Feedback Loops: The faster the wheel is spinning, ...

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Network Effects and Flywheel Effect are very commonly conflated because they so commonly occur together.

  • Network effects almost always lead to or create a Flywheel Effect, but the Flywheel Effect can occur where network effects do not, as we’ve seen in the previous examples.

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  • Pick the right direction as early as possible: Changes in direction (except small corrections) reset the Flywheel. The earlier you can get moving in the right direction, the sooner the efforts will compound + the momentum will build.
  • Focus Efforts: Find the things really moving the F...

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