Lenny Distilled

Focus on strategy, not tactics

Strategy → Market Positioning

To undertake a strategy that you think will work, you've got to have a reason that it makes sense and that reason is derived from some source of power, some source of advantage.

Richard RumeltGood Strategy, Bad Strategy
Supporting

How do you figure out your power? Start with asymmetries. In what way is my company different than other companies? What do we know that other people don't know? What do we possess that other people don't possess?

Richard RumeltGood Strategy, Bad Strategy
Supporting

If two fighters are equally balanced, it's 50/50. For a strategy you need to exploit an asymmetry of some kind. You hear a little faster. Or they're a little... Something has to be different.

Richard RumeltGood Strategy, Bad Strategy
Supporting

The business world only talks about tactics. The positional game is like, what is the territory on the map that you are taking? What role do you play? How much trust do you have of merchants? This is the positional game.

Tobi LütkeTobi Lütke's leadership playbook: First principles, infinite games, and maximizing human potential
Supporting

The ultimate is, it's like the ultimate weapon is the one you never use. The ultimate way to compete to win is to never actually be forced to compete.

Roger Martin5 essential questions to craft a winning strategy