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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    1. Michael Girdley‏ @mgirdley May 3
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      Thing I’ve been contemplating today about business: “The game you choose to play matters more than how good you are at it.” Not a 100% sold on that being a truism, but can’t find any counterexamples.

      5 replies 0 retweets 7 likes
    2. Molson Hart‏ @Molson_Hart May 3
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      Replying to @mgirdley

      Agree with you, but can think of some sort of counterexamples. Walton, Bezos, etc. Very tough game, but a big game, so they had an outsized outcome when they succeeded.

      1 reply 0 retweets 1 like
    3. Michael Girdley‏ @mgirdley May 3
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      Replying to @Molson_Hart

      Yeah, for sure. Both retailers interestingly. In their cases, played to the idea that economies of scale in retail are probably more impactful than any other industry. Though Bezos has real 2nd/3rd acts (ex AWS) where Walton didn’t.

      1 reply 0 retweets 1 like
    4. Molson Hart‏ @Molson_Hart May 3
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      Replying to @mgirdley

      Walton, as amazing as he was, is not as good as Bezos, who is otherworldly.

      1 reply 0 retweets 1 like
    5. Molson Hart‏ @Molson_Hart May 3
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      Replying to @Molson_Hart @mgirdley

      I might be able to come up with a few more for you: - joe jamail - Tillman fertitta - armancio ortega, tadashi yanai Bill gates was hitting 1 billion at least no matter the field. Buffett too.

      1 reply 0 retweets 1 like
    6. Michael Girdley‏ @mgirdley May 3
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      Replying to @Molson_Hart

      Ah this is good. Looking up Jamail and Yanai, I’d argue those guys picked good games to play. Yanai in particular is totally blue ocean strategy. Arguably, so did Bezos and Walton, too. Another one is Guy Laliberte (Cirque de Soleil).

      2 replies 0 retweets 0 likes
    7. Michael Girdley‏ @mgirdley May 3
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      Replying to @mgirdley @Molson_Hart

      So maybe I think saying: The game of “retail” is bad and a red ocean. But Wal-Mart playing the “discount retailer game focused on small town America” is a GREAT game — a blue ocean.

      1 reply 0 retweets 2 likes
      Molson Hart‏ @Molson_Hart May 3
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      Replying to @mgirdley

      For sure agree. No one can be successful without going blue ocean right, at least blue pond (niche)? Walton is super interesting. He was a copycat who everyone ignored until it was tooooo late.

      6:11 PM - 3 May 2020
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        2. Michael Girdley‏ @mgirdley May 3
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          Replying to @Molson_Hart

          Yeah — so the “game” you choose needs to be one that you play in a blue ocean, methinks.

          1 reply 0 retweets 0 likes
        3. Molson Hart‏ @Molson_Hart May 3
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          Replying to @mgirdley

          Yes, but there are some blue oceans that can support many sharks, like PE in the 80s, hedge funds in the 90s. Cirque du Soleil is the opposite. There can really only be 1, maybe 2 of those. To me, that relates back to what you said: game choice is huge.

          1 reply 0 retweets 1 like
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