Think 66: Importance of Timing

No. 66, April 7th, 2023

Hello and welcome to Think, your newsletter on leadership, career and growth from the smartest entrepreneurs, leaders, and investors.

Timing + Insights = Success.

The One Percent Project:

+The importance of timing for start-up growth: Timing is the most common cause of startup failure. Start-ups must carefully consider the timing of their launch, as it significantly impacts their long-term success.

+How to Frame an Insight? Sudhir Sitapati, MD/ CEO Godrej Consumer Products and the author of The CEO Factory, frames insights through observation, reading good books, and conversing with interesting people and consumers.

+Great Products Polarize People: Great products have the ability to elicit strong emotions, and not all of them are always positive. OpenAI's ChatGPT is a recent example. While some believe ChatGPT is a game-changing tool, others believe it will unleash new levels of deception and intellectual dishonesty. Similarly, great leaders also polarise people. Many people admire and despise Steve Jobs, Bill Gates, and Elon Musk, but they continue to hold influential positions due to their work.

Two for the week:

+The Red Bull billionaire’s secret recipe for success: How did a former cosmetics salesman out-compete Coca-Cola Co. and PepsiCo Inc. to establish and dominate a new drinks category, making himself a billionaire in the process?

+A quote to think about: “Great companies start because the founders want to change the world... not make a fast buck. Call me a romantic, but I think entrepreneurs should try to change the world. This comes from working at Apple... old habits die hard.”- Guy Kawasaki

Connect with me: If you have any feedback, topic or speaker recommendations, you can email me at pritish@onepercent.live. You can connect with me on LinkedIn as well.

Best,
Pritish