Developing an Innovative Business Model
Blitzscaling requires designing a model primed for exponential growth. Key factors include appealing to a massive market, building in virality, having high gross margins, and leveraging network effects to generate self-reinforcing growth cycles.
Avoid products without market fit or models that can't scale operationally.
Continually adapt and challenge the status quo.
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"The greatest of follies is to sacrifice health for any other kind of happiness." - Schopenhauer
Blitzscaling by LinkedIn and PayPal co-founder Reid Hoffman introduces readers to the revolutionary scaling process from the title, which turns business strategies on their head by prioritizing speed over efficiency even at the cost of uncertainty. The long-term goal is to blow competitors out of the water by creating a lasting competitive advantage via scaling itself.
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