Mostly agree with this post, but honestly, I think it’s still a bit too optimistic. Growing the pie vs. Making sure you have a larger piece of the pie aren’t equally important.
In general, making sure you have a larger piece of the pie is more important in most cases because it deals with existing value vs. future value (which entails risk and might fail). If you make sure you get a larger piece of the pie, you will increase your slice even if the pie doesn’t grow while focusing on increasing the size of the pie might fail, or the pie might grow not enough to compensate you for share % drop. Increasing your slice of the pie is a more prudent strategy and can also increase your relative position in your society if we are talking about a society-wide pie (e.g., taxes)
Mostly agree with this post, but honestly, I think it’s still a bit too optimistic. Growing the pie vs. Making sure you have a larger piece of the pie aren’t equally important.
In general, making sure you have a larger piece of the pie is more important in most cases because it deals with existing value vs. future value (which entails risk and might fail). If you make sure you get a larger piece of the pie, you will increase your slice even if the pie doesn’t grow while focusing on increasing the size of the pie might fail, or the pie might grow not enough to compensate you for share % drop. Increasing your slice of the pie is a more prudent strategy and can also increase your relative position in your society if we are talking about a society-wide pie (e.g., taxes)