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346 - Lenny's Podcast: Product | Growth | Career: Business strategy with Hamilton Helmer (author of 7 Powers)
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  • 346 - Lenny's Podcast: Product | Growth | Career: Business strategy with Hamilton Helmer (author of 7 Powers)

    Hamilton Helmer is one of the world’s leading experts on business strategy and the author of the seminal book 7 Powers: The Foundations of Business Strategy, which provides a comprehensive framework for understanding what it really takes to achieve and sustain a competitive advantage. With more than three decades of experience in the strategic consulting industry, Hamilton has advised over 200 companies—from burgeoning startups to Fortune 100 giants—on how to identify, build, and leverage their unique strategic powers. In our conversation, we discuss:

    • Potential sources of power that startups should develop from an early stage

    • Common misconceptions among companies about the types of power they possess

    • How power relates to strategy

    • The difference between a moat and a power

    • Practical strategies for non-leaders to leverage insights about power and strategy in their work

    • AI’s impact on competitive advantages and barriers to entry

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    Find the transcript and references at:https://www.lennysnewsletter.com/p/business-strategy-with-hamilton-helmer

    Where to find Hamilton Helmer:

    • X: https://twitter.com/hamiltonhelmer

    • LinkedIn: https://www.linkedin.com/in/hamilton-helmer-42983/

    • Website: https://7powers.com/

    Where to find Lenny:

    • Newsletter: https://www.lennysnewsletter.com

    • X: https://twitter.com/lennysan

    • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

    In this episode, we cover:

    (00:00) Hamilton’s background

    (04:08) When power becomes important

    (08:24) How strategy relates to power

    (12:09) How power informs strategy

    (14:46) The sequence of powers

    (21:13) Common misconceptions

    (24:39) Network effects vs. network economies

    (26:58) Uber’s success

    (29:16) Moats vs. powers

    (31:12) Strategies for non-leaders to leverage power and strategy

    (37:51) Advice on how to become a strategic thinker

    (39:27) AI’s impact on the seven powers

    (45:43) Why moving fast is not a power

    (50:24) Three things that create value in a company

    (51:16) The debt trajectory of the U.S.

    (56:35) Optimism for the future

    (59:25) Lightning round

    Referenced:

    7 Powers: The Foundations of Business Strategy: https://www.amazon.com/7-Powers-Foundations-Business-Strategy/dp/0998116319

    • John von Neumann: https://en.wikipedia.org/wiki/John_von_Neumann

    • Pearl Harbor: https://www.history.com/topics/world-war-ii/pearl-harbor

    • Where the Japanese Went Wrong at Pearl Harbor:

    Sun, 05 May 2024
  • 345 - CNBC: CNBC

    Market and business news updates from CNBC

    Sun, 5 May 2024
  • 344 - The KAJ Masterclass LIVE: Responsible AI: Navigating the Ethical Challenges with Ken Pomella

    In this episode of KAJ Masterclass LIVE, join technology thought leader Ken Pomella, CEO of RevStar, as he delves into the realm of responsible AI and navigates the ethical challenges that accompany it. Discover the truth behind common misconceptions about AI's impartiality and learn how to discern trust in AI systems. From the impact of AI on job markets to its diverse applications beyond content creation, this discussion promises valuable insights for anyone curious about the future of artificial intelligence. 🔥 Empower your journey! (Book a FREE 15-min consultation with me to get personalized guidance and discover how you can start your own podcast, enhance your skills, or even appear as a special guest on my show! Schedule on my calendar at https://calendly.com/kajofficial Ready to take it further? Explore my full podcast coaching services website: https://www.thekajmasterclass.live/bo...) 5 THINGS YOU'LL LEARN IN THIS VIDEO 1. Understand the reality of biases in AI and how they influence decision-making. 2. Learn to discern trust in AI systems by examining their development and training data. 3. Explore the impact of AI on job markets and discover new opportunities in tech careers. 4. Discover diverse applications of AI beyond content creation, from healthcare to finance. 5. Gain valuable insights into the ethical considerations surrounding AI technology and its implications for society. 💼 BUSINESS INQUIRIES: For partnerships, speaking engagements, or personalized coaching, contact kajmasterclass@gmail.com SUPPORT KAJ MASTERCLASS 🎙 Elevate your podcast journey on PodMatch! Sign up and unlock a FREE 30-min session with me: https://www.joinpodmatch.com/kaj 👗 Shop Indian handloom sarees at Ethnics Land with 15% off: https://www.ethnicsland.com/ 💡 ABOUT THE GUEST Ken Pomella, CEO of RevStar and a renowned technology thought leader, specializes in harnessing the power of Artificial Intelligence to drive business growth and scalability. With a distinguished career spanning over two decades, Ken has emerged as a pivotal figure in the tech industry, dedicated to transforming businesses through digital innovation. His expertise lies in developing AI strategies that align with business objectives, ensuring organizations remain competitive in the rapidly evolving digital landscape. A passionate mentor and speaker, Ken is committed to sharing his insights on AI integration, technological trends, and the future of business, aiming to empower entrepreneurs and leaders to navigate the complexities of digital transformation successfully. Connect: https://kenpomella.com/ 👑 ABOUT THE HOST Your host, Khudania Ajay (KAJ), is a seasoned content entrepreneur, podcast host, and independent journalist with over two decades of media industry experience. Having worked with prestigious organizations like CNBC (India), Reuters, and Press Trust of India, Ajay is dedicated to helping you succeed through his LIVE Masterclasses. With a wealth of knowledge accumulated from hosting over 1200 podcasts, Ajay brings unparalleled expertise and insights to every episode. Connect with Ajay:   / ajaykhudania  https://thekajmasterclass.live/ 🔥 CHAPTERS & TIMESTAMPS 00:00 Introduction

    Sun, 05 May 2024
  • 343 - The KAJ Masterclass LIVE: The Transformative Power of Elderhood with Dr. Sally Z. Hare

    Join us as we explore the transformative power of Elderhood with renowned author and educator Dr. Sally Z. Hare. Discover the vital role of Elders in today's society and learn how to embrace wisdom, integrity, and service in the later stages of life. This insightful conversation will inspire you to embark on your own journey of becoming an Elder, using your life experiences to positively impact the world around you. 🔥 Empower your journey! (Book a FREE 15-min consultation with me to get personalized guidance and discover how you can start your own podcast, enhance your skills, or even appear as a special guest on my show! Schedule on my calendar at https://calendly.com/kajofficial Ready to take it further? Explore my full podcast coaching services website: https://www.thekajmasterclass.live/bo...) 5 THINGS YOU'LL LEARN IN THIS VIDEO 1. Learn the distinction between aging and elderhood, and the importance of intentional commitment to lifelong growth. 2. Understand the societal dynamics contributing to the devaluation of elderhood and how to challenge these perceptions. 3. Discover strategies for rejecting the concept of retirement and embracing continued contribution to society. 4. Explore the concept of resilience and the role of community in fostering elderhood. 5. Gain insights into fostering intergenerational understanding and embracing the interconnectedness of all living things in society. 💼 BUSINESS INQUIRIES: For partnerships, speaking engagements, or personalized coaching, contact kajmasterclass@gmail.com SUPPORT KAJ MASTERCLASS 🎙 Elevate your podcast journey on PodMatch! Sign up and unlock a FREE 30-min session with me: https://www.joinpodmatch.com/kaj 👗 Shop Indian handloom sarees at Ethnics Land with 15% off: https://www.ethnicsland.com/ 👑 ABOUT THE HOST Your host, Khudania Ajay (KAJ), is a seasoned content entrepreneur, podcast host, and independent journalist with over two decades of media industry experience. Having worked with prestigious organizations like CNBC (India), Reuters, and Press Trust of India, Ajay is dedicated to helping you succeed through his LIVE Masterclasses. With a wealth of knowledge accumulated from hosting over 1200 podcasts, Ajay brings unparalleled expertise and insights to every episode. Connect with Ajay:   / ajaykhudania  https://thekajmasterclass.live/ 🔥 CHAPTERS & TIMESTAMPS 00:00 Elderhood Insights 00:50 Defining Elders 02:10 Aging Privilege 03:43 Respecting Elders 04:21 Retirement Myths 05:17 Elder Responsibility 06:18 The Elder Garden 08:07 Kindergarten An

    Sun, 05 May 2024
  • 342 - CNBC via myPod: CNBC Television: Warren Buffett presides over the 2024 Berkshire Hathaway annual shareholders meeting — 5/4/24

    Nicknamed "Woodstock for Capitalists," the Berkshire Hathaway annual meeting is a gathering of the company's shareholders presided over by Chairman and CEO Warren Buffett. The Omaha, Nebraska, event gives shareholders a chance to hear Buffett discuss investing, economic outlook and life. Watch the full coverage on https://www.cnbc.com/ Here's the full schedule: 9:30 a.m. — CNBC Pre Show Begins 10:15 a.m. - 1:00 p.m. — Berkshire Hathaway Morning Q&A Session 1:00 p.m. - 2:00 p.m. — CNBC Halftime Show 2:00 p.m. - 4:00 p.m. — Berkshire Hathaway Afternoon Q&A Session 4:00 p.m. - 4:30 p.m. — CNBC Post Show Upgrade to CNBC Pro for in-depth analysis following this live event. Gain valuable insights into Warren Buffett's investment strategies and get exclusive access to CNBC Pro's breakdowns of Berkshire Hathaway and its portfolio companies: https://cnb.cx/4a6T4rL » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC https://www.cnbc.com/select/best-credit-cards/ #CNBC #CNBCTV Warren Buffett presides over the 2024 Berkshire Hathaway annual shareholders meeting — 5/4/24 -- Generated by www.podtube.me Video at Youtube: https://www.youtube.com/watch?v=X3wLdzddRtI

    Episode:

    Podcast: https://www.youtube.com/channel/UCrp_UI8XtuYfpiqluWLD7Lw

    Sat, 04 May 2024 - 7h 16min
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