- Scale - Relative size can determine efficacy.
- Network Effects - The value of something can be dependent on the number of people using it.
- Preferential Attachment (Cumulative Advantage) - Distributions based on how much one already has, so the wealthy receive more than the poor and advantages compound and grow over time.
- Government Regulation
- Patents and other Intellectual Property
- Brand & Customer Loyalty
- Proprietary Access to Distribution or Supply Channels
- “The brick walls are there for a reason. The brick walls are not there to keep us out. The brick walls are there to give us a chance to show how badly we want something. Because the brick walls are there to stop the people who don’t want it badly enough. They’re there to stop the other people.” ~ Randy Pausch
- Deregulation
- Technological Advancement
- Financial Innovation
- Porter’s Five Forces - Industry attractiveness is driven by known, intelligible fundamentals.
- Sustainable Competitive Advantage (Defensible Economic Moats) - Assets, attributes, and abilities that create superior long-term value capture and are defensible from competitive incursion.
- Niches - Species can flourish by specializing to dominate a subspace within their broader environment.
- Activation Energy - A minimum energy must be available in a system to create a reaction.
- Switching Costs - “Any impediment to a customer's changing of suppliers.”
- Beachhead? - “A temporary line created when a military unit reaches a landing beach by sea and begins to defend the area while other reinforcements help out until a unit large enough to begin advancing has arrived.”
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