Chapter
The Hedgehog Concept and the Flywheel Effect in Business
1:15:03 - 1:19:17 (04:14)
The Hedgehog Concept focuses on finding and focusing on what you are passionate about and can be best in the world at, while the Flywheel Effect is the gradual accumulation of small decisions and actions leading to big results.
Clips
The key to success is finding your hedgehog concept - being the absolute best in the world at a particular thing in your community, and building flywheel momentum with disciplined decisions over time.
1:15:03 - 1:17:56 (02:53)
Success
Summary
The key to success is finding your hedgehog concept - being the absolute best in the world at a particular thing in your community, and building flywheel momentum with disciplined decisions over time.
ChapterThe Hedgehog Concept and the Flywheel Effect in Business
Episode#361: Jim Collins — A Rare Interview with a Reclusive Polymath
PodcastThe Tim Ferriss Show
In this podcast episode, Jim Collins talks about the importance of understanding your "code," which is the intersection of what you're passionate about and what you're genetically encoded for, and how that differs from simply being good at something.
1:17:56 - 1:19:17 (01:21)
self-improvement
Summary
In this podcast episode, Jim Collins talks about the importance of understanding your "code," which is the intersection of what you're passionate about and what you're genetically encoded for, and how that differs from simply being good at something.