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If You Are Not the Winner, Do This

April 7, 2017

Someone has to be the the winner.

Someone has to be Facebook. Or Uber. Or Google.

In our connected economy, we have a winner-take-all dynamic. It’s easier to consolidate and see a clear winner arise from leveraging a business system.

However, what we see and are aware of is based on a success bias. We don’t see who is second or has lost along the way. I’m not sure studying the outright, asymmetrical winners is helpful to everyone else. A 1/99 ratio where 1% takes 99% of the winnings doesn’t leave room for replication.

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