Day 7 of Masters of Scale with Reid Hoffman & Selina Tobaccowala
– Blitzscaling with intelligent triage (this is the best episode of Masters of Scale series so far)
Big Takeaway #1. As soon as your users can’t live without your service, you’ve become a mature business.
Takeaway #2. Have a built in viral coefficient in your product
Takeaway #3. Being the first “scaler” in a market is more important than being the first “mover”
since this is such an amazing episode, it gets 5 big Takeaways.
Takeaway #4. Find all points of failure in the system and only fix these.
Takeaway #5. Then find all the bottlenecks in the system and fix them by aligning with core product value.