Power + Business

[00:01:31] – (First question) – What Power means to Hamilton

[00:05:05] – Benefits being more common than barriers in the Power equation

[00:06:28] – How early stage companies develop their barriers

[00:11:23] – The power of Counter-Positioning and how he’s seen it applied

[00:14:47] – The product side of Counter-Positioning

[00:16:39] – Daniel Ek Podcast episode

[00:17:27] – Applying the idea of Counter-Positioning to yourself

[00:20:40] – A Cornered Resource

[00:23:49] – A look at google as a Cornered Resource

[00:27:12] – Unique power of Network Economies

[00:31:18] – What subtleties disqualifies network effects

[00:32:54] – Nuances of Scale Economies

[00:35:56] – Learning economies and who can scale it better

[00:37:07] – Building a Switching Cost and barrier into your business

[00:40:10] – Branding as Power

[00:44:27] – Defining Process Power and how it differs from Scale Economies

[00:46:40] – The notion of the time-lag and cash flow

[00:50:42] – Why is so much Power concentrated in technology businesses

[00:52:07] – What does Power mean for customers

[00:53:43] – Developing Power as an art vs science and the best Power artists

[00:55:08] – Kindest thing anyone has done for him