Tim
@cdboxyfebsc5fn
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What is the flywheel effect?
The "flywheel effect" refers to the idea that when a physical object (typically a flywheel) is consistently applied with force, it gradually accumulates kinetic energy, making it easier to maintain or increase its speed over time. This concept originates from physics but is often used metaphorically in business and management to describe how, through sustained effort, a system gradually builds momentum, leading to self-sustaining and continuous growth.
Applications in Business:
Gradual Accumulation Effect: In the early stages, a business requires significant resources and effort to drive growth, much like pushing a heavy flywheel. Over time, each incremental effort contributes to building momentum, making future growth easier.
Continuous Improvement and Growth: Once sufficient momentum is built, the flywheel effect suggests that a business can sustain growth with less additional effort. This process is not immediate but is achieved through consistent, long-term efforts. 0 reply
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