7 Powers: The Foundations of Business Strategy

Founder's Journal

Morning Brew

Careers, Business, Entrepreneurship

4.8 • 1.1K Ratings

🗓️ 4 March 2024

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Episode 115: Today’s essay breaks down one of the best business strategy books I’ve ever read. Startup founder Abi Tunggal breaks down 7 Powers by Hamilton Helmer, which is a book about the seven proven business strategies that lead to sustained competitive advantage for companies. By the end of this episode, you’ll understand each of these strategies, why they created powerful moats, and examples of companies (like Apple, Netflix, Costco, and Tiffany & Co) that have won their market by executing on one or several of the seven powers. Original essay: https://tyastunggal.com/p/7-powers-the-foundations-of-business 7 Powers Book: https://www.amazon.com/7-Powers-Foundations-Business-Strategy/dp/0998116319/ref=as_l[…]gal-20&linkId=82f016ff542db6be87d160217d3bbad3&language=en_US Send us an email and let us know what you think of the idea! [email protected] #FoundersJournal #Startups #Entrepreneur Listen to Founder’s Journal here: https://link.chtbl.com/OV4W93_W Watch Founder’s Journal here: https://www.youtube.com/@FoundersJournal/ Subscribe to Morning Brew! Sign up for free today: https://bit.ly/morningbrewyt Follow The Brew! Instagram - https://www.instagram.com/morningbrew/ Twitter - https://twitter.com/MorningBrew Tik Tok - https://www.tiktok.com/@morningbrew Follow Alex! Alex Lieberman (@businessbarista) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	What's up everyone? Welcome back to another episode of Founders Journal. I'm Alex Lieberman,
0:04.8	co-founder and executive chairman of Morning Brew. Today's essay breaks down one of the best
0:10.3	business strategy books that I have ever read.
0:13.1	Start-up founder Abbe Tungal breaks down seven powers
0:16.5	by Hamilton Helmer, which is a book about the seven
0:19.4	proven business strategies that lead
0:22.0	to sustain competitive advantage for companies
0:25.1	and startups. By the end of this episode you'll understand each of these
0:29.2	strategies, why they created powerful moats, and examples of companies like Apple,
0:34.8	Netflix, Costco, Tiffany and Co and more that have won their markets by executing on
0:39.8	one or several of the seven powers.
0:42.5	So let's hop into it. A new seller's plans and goals usually boil down to one single desire,
0:57.0	getting their products in front of millions of customers.
1:00.0	After all, visibility is everything, and that's exactly what Walmart Marketplace can give you.
1:06.0	Walmart.com has more than 120 million unique monthly visitors, according to Comscore,
1:12.0	making Walmart Marketplace one of the fastest growing e-commerce platforms.
1:16.2	Now they want to help sellers bask in this glory.
1:19.4	New sellers who join Walmart Marketplace today can save up to 50% off referral and fulfillment fees.
1:26.2	Conditions apply.
1:27.2	To unlock this deal, gain access to millions of customers and enjoy the scale of one of the world's
1:32.4	biggest retailers,
1:33.7	go to marketplace dot Walmart.com slash FJ.
	...

Transcript will be available on the free plan in -392 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Morning Brew, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Morning Brew and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.