felixfancy
@felixfancy
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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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The Network School - Day 5
Replies to some of your questions:
- what am i working on: revolutionizing the fashion industry. the future is made out of microplastic and chemical-free clothing. healthier for our bodies, there are too many clothes in the world and they are basically plastic (polyester, nylon, acrylic, etc). educating on women's health, ancestral&natural medicine. on the side, building an ai app for image enhancement in real estate (we are launching next week!)
- what am i doing at the network school: i come with an open mind, into biohacking for women, learning, burning everyday. building, expanding my mind, exploring asia, trying delicious food, meeting extremely interesting people. letting things flow.
- what did vitalik say when i complimented his tote bag: "thank you" 6 replies
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